Trump’s comments have upset South Korea’s stock market which has plummeted despite brightening economic prospects. U.S. President Donald Trump has threatened he will either renegotiate or terminate on what he termed as a “horrible” free trade deal with South Korea,… Read More ›
Creativity
James von Moltke appointed as Deutsche Bank’s new CFO
Coming from a distinguished lineage, James von Moltke’s appointment comes at a time when Germany’s prime lender is facing reputational challenges and a fledging securities trading business in the U.S. As per a source close to the matter at hand,… Read More ›
United Ireland will leave Britain to join the European Union
This is the position taken by legal experts and is accepted by the current British government led by Theresa May. According to diplomats attending a Brexit summit, the EU leaders should give a formal undertaking to ensure that the British… Read More ›
FCC chairman scraps rules that protect the freedom of the internet
Privacy advocates and conscientious citizens are advised to provide comments “on whether a codified no-blocking rule is needed to protect such freedoms.” On Thursday, FCC Chairman Ajit Pai released a 58-page draft document that details the reversal of the landmark… Read More ›
Boeing petitions U.S. government to launch anti-dumping probe against Bombardier
The move underscores the ferocity of the competition in the booming airlines industry. On Thursday, Boeing asked the U.S. Commerce Department to investigate into alleged unfair pricing and subsidies received by Canadian airplane manufacturer Bombardier, thus adding to the growing… Read More ›
Apple likely to launch money transfer service later this year
Once this kicks in, the usage of Apple could see a significant jump. Recode has reported citing sources familiar with the talks, Apple has held talks with payments industry partners on launching a money-transfer service which will allow its flagship… Read More ›
Transitory regulatory framework required: ABPI
The British industry is hoping to closely coordinate and work with the European agencies to retain their edge. However unless they can work up a miracle and secure passporting rights, access to the bloc’s single market will be elusive. Pharmaceutical… Read More ›
Trump Administration launches probe into dumping of cheap aluminum imports citing national security concerns
The probe has the potential to impact China’s economy. No wonder they are concerned at the development. In a significant development with broad implications, the U.S. Commerce Department has launched an investigation to determine whether China and other countries are… Read More ›
Exxon fined $19.95 million for Texas refinery pollution
Exxon is mulling its legal options. U.S. District Court Judge David Hittner has ruled that ExxonMobil Corp will have to pay $19.95 million as a penalty for pollution released from its Baytown, Texas, refining and chemical plant complexes between 2005… Read More ›
One of Europe’s strongest economies still prefer the safety of cash
While many European, American and Australian respondents of the Ipsos survey conducted on behalf of ING bank website eZonomics prefer going cashless, the survey shows that Germany has recognised the dangers of slipping into a cashless society, despite its lucrative… Read More ›