Chris Hohn, a top investor at LSE, has in a letter to LSE’s chairman, Donald Brydon, demanded that Xavier Rolet be allowed to speak publicly on the reasons for his departure. On Wednesday, Chris Hohn, a top investor in the… Read More ›
Creativity
Viacom’s Paramount Pictures scraps Chinese funding deal
While the funding enabled China to projects its ideology onto viewers worldwide, Beijing’s scrutiny on foreign bound investment which it terms as “irrational overseas spending” curtailed the deal. On Wednesday, in a development that is an outcome of heightened scrutiny… Read More ›
Britain to introduce bills to enable it to manage post-Brexit scenarios
While the pro-Brexit camp has welcomed the provisions of the bill, the pro EU camp has warned that Britain may not have the independent capacity to strike new trade deals with other nations. On Tuesday, British Prime Minister Theresa May’s… Read More ›
China pressuring foreign card companies into JV
There is an emerging pattern in China’s approach as it engages in various fronts in the world stage. While officially it portrays itself as being professional, however its true colors become apparent as it seeks to impose its will that… Read More ›
Broadcom’s merger with Qualcomm likely to face intense antritrust scrutiny
This merger is likely to be one of the topics of discussion when U.S. President Donald Trump visits China. According to antitrust lawyers, with China itching to get into the semiconductors industry, the potential merger of chipmaker Broadcom Ltd with… Read More ›
Crude oil prices peak in the midst of consolidation of power in Saudi Arabia
According to industry analysts, the ongoing purge in Saudi Arabia is likely to have little immediate impact on oil prices since the Crown Prince is committed to maintaining a continuance to existing policies, including cutting down the glut in the… Read More ›
Proposed Tax bill will have to deal with double taxation avoidance and WTO rules before it becomes law
A theory that is doing the rounds is that the bill perhaps aims to set off the promise of additional revenue against hopes that the new tax regime may entice MNCs to locate more production and jobs to the U.S.,… Read More ›
CIPS survey reveals British firms struggling to secure orders from EU suppliers post March 2019
Following the Brexit referendum, with the dramatic fall of the pound was interpreted as being good for the economy by the Pro-Brexit interest groups, the results of a survey conducted by the Chartered Institute of Procurement and Supply (CIPS), are… Read More ›
The European Central Bank wants progress on NPAs from banks in the Eurozone
Taking a tough stance, the ECB has made it lucidly clear that banks across the Eurozone will have to stick to the deadline in reducing their non-performing assets, including loans. On Friday, the European Central Bank disclosed that it plans… Read More ›
Republican tax plan proposal will increase cost of U.S. education by more than $65 billion
This proposal’s target are the liberal values promoted by U.S. colleges and universities. By significantly hiking the cost of education, the proposal aims to diminish liberal values among the masses. As per an analysis by the American Council on Education… Read More ›