In the next decade, $64 billion (£46 billion) would be invested by Saudi Arabia for the development of its entertainment industry, says the kingdom. Just in the current year, pans for about 5000 events are underway that include one by… Read More ›
Economy & Finance
European Commission wants banks to reduce their NPAs through secured loans within 8 years
The draft proposal is aimed at significantly reducing the stock of bad loans in the European Union. On Friday, a source familiar with the matter at hand stated, the European Commission has prepared a draft proposal aimed at reducing the… Read More ›
Trump to meet EPA, key senators and cabinet officials on Tuesday to discuss changes to U.S. biofuel policy
The meeting comes in the wake of a Pennsylvania-based refiner blaming regulation for its bankruptcy. Four sources familiar with the matter at hand have disclosed, a meeting has been called early next week by U.S. President Donald Trump who will… Read More ›
Britain’s automotive regulations will align themselves with that of the European Union
The move is aimed at protecting Britain’s automotive industry and not disrupt its well-oiled supply chain. Britain’s health minister, Jeremy Hunt stated the country will align its regulations with the European Union’s in some areas, including the automotive sector, after… Read More ›
U.K. Lawmakers Consider Laws To Govern Cryptocurrencies As Inquiry Into It Slated To Begin
Examination of the advantage and benefits of cryptocurrencies and the possibility of what regulatory measures to be taken for the new technology is being considered by U.K. lawmakers as they launch an inquiry into multiple aspects of virtual currencies. The… Read More ›
Inappropriate Behavior Charges Force Ouster Of Top Ford Executive In America
Charges of inappropriate behavior has led to an immediate ouster of the head of Ford’s US operations, after an internal investigation into the allegations. Some of Raj Nair’s conduct had been “inconsistent with the company’s code of conduct”, said that… Read More ›
India Opens Up Its Coal Sector To Private Firms, Ends Monopoly Of State Owned Company
The Indian coal mining sector has now been opened up for private companies ending the monopoly of the state-owned coal company Coal India Limited. The Indian government approved of the method for auctioning of coal mines and coal blocks and… Read More ›
German prosecutors from Munich houses of 3 suspects in Audi emission scandal case
The prosecutors said the current top management of Audi are not seen as suspects in the case. On Thursday, German prosecutors stated they were in the process of searching the homes of 3 new suspects connected with Audi’s emissions scandal…. Read More ›
Federal administrative court in Leipzig to decide on 15 million diesel vehicles in Germany
Environmental groups say particulate matters in diesel emissions in the majority of German cities exceed the EU threshold. On Thursday, Germany’s highest administrative court in Leipzig is set to decide on the fate of the 15 million diesel vehicles that… Read More ›
General Electric eyes $4 billion asset sales, clarifies on issues surrounding capital allocation
Here’s what the CFO of General Electric had to say on how the conglomerate will raise funds, issues surrounding its stake in Baker Hughes, capital allocation at GE, and the turn around of GE Power. While speaking at an event… Read More ›
manageria.biz 