While end users will benefit, insurers will have to bite the bitter pill of additional costs. With the introduction of uniform international book-keeping standard, details of which are to be published on Thursday, slated to take place from January… Read More ›
Creativity
Investors and lobbyists are increasingly worried on the Trump’s Administration’s ability to push legislative agendas
This essentially sums up the mood “less drama from the White House”. With U.S. President Donald Trump increasingly getting tangled in scandals and controversies, Republican lawmakers and lobbyists are of the view that the prospects for passing sweeping tax cuts,… Read More ›
Trump extends sanctions relief to Iran under U.S.-Iran nuclear deal
Trump has however sanctioned a Chinese man and three Chinese companies along with two senior Iranian defense officials for supporting Iran’s ballistic missile program. In a move that has caught many by surprise, U.S. President Donald Trump has extended wide… Read More ›
Dave Lesar to head Haliburton Co once Jeff Miller retires on June 1
Lesar will have to bridge low oil prices with demands for increased profitability. Halliburton Co has disclosed that Jeff Miller will be replacing Dave Lesar, its current CEO who is set to retire on June 1. Lesar has been a… Read More ›
The Chief of U.S. Pacific Command visits Japan’s East China Sea radar station
The move comes in the wake of North Korea show casing its ICBM capabilities. In a move that is likely to needle China, the head of the U.S. Pacific Command has visited a Japanese radar station on the edge of… Read More ›
To Fill Aviation Industry Gaps, Accelerated Pilot Programs Take Flight
With the aim and intention to fill the 248,000 commercial pilot seats across the Asia-Pacific region within the next two decades, investments in the expedited pilot training programs are being made by private equity firm C&C Alpha Group. “They cannot… Read More ›
Capitol Hill witnesses a flurry of activities as the Trump Administration prepares to trigger NAFTA renegotiations
Although Commerce Secretary Wilbur Ross prefers bilateral deals with Mexico and Canada, senate participants have disclosed that things are leaning towards trilateral negotiations. Several members of the Senate Finance Committee have disclosed that the Trump administration aims at keeping the… Read More ›
IEX Group’s Investors’ Exchange will compete with NYSE and NASDAQ
The fact that the NYSE has copied some of IEX’s features show IEX’s threat potential. The SEC has given the New York Stock Exchange the green signal for implementing what is known as a speed bump on one of its… Read More ›
Nasdaq launches a new smart data enhanced initiative
The service makes use of big data gleaned from a variety of sources and uses a subset of artificial intelligence to generate analytics so as to make the resulting information actionable. In what is likely to be a significant development… Read More ›
Intelligence sharing pact with U.S. ally at risk
The Washington Post has reported that U.S. President Donald Trump shared intelligence with Russians without first consulting the source who supplied that piece of intelligence thus endangering intelligence sharing ties amongst U.S. allies. Reuters has reported that U.S President Donald… Read More ›