The deal brings a finality to the issue related to the spin-off of RBS’ banking division that has been dogging it since years. The European Commission has concurred with a British government plan that frees the Royal Bank of Scotland… Read More ›
Economy & Finance
China’s HNA Group fails to pass CFIUS scrutiny, abandons bid to buy majority stake in SkyBridge Capital LLC
While earlier American companies faced network security incidents from Chinese infosec professionals who stole huge quantities of U.S. consumer data which led to a U.S-China agreement to not attack each other corporate networks, access to the all-important consumer data is… Read More ›
Foxconn promises to build a $10 billion LDC display plant in Wisconsin
Foxconn has a dodgy record, if it were to stick to its rhetoric this time, its $10 billion investment would mark the biggest in Wisconsin’s history. Foxconn, also formally known as Hon Hai Precision Industry Co Ltd, has announced its… Read More ›
Who Are The Visitors To North Korea As The Country Is Attracting Thousands Of Vacationers Every Year
Who? – is the most obvious question is when a brutal, communist dictatorship is able to attract tourists. Common sense suggests that you’d be hard pressed to find a vacationer willing to take a trip in North Korea, given the… Read More ›
Awakening Finally From Long-Dormant Inflation Could Be Old Age, Says IMF
Long-sought inflation may be finally spurred by global policymakers if they just wait. Potentially spurring what many economists have said is the missing link: Wage growth, the post-World War II baby boom generation is getting ready to leave the workforce… Read More ›
Fintech companies powering Britain’s growth despite Brexit
Fintech startups have drawn investments from venture capitalist companies, mainly based out of the U.S., and despite the uncertainty surrounding Brexit negotiations, the inflow of funds has placed Britain third in the global race to attract venture capital funds. A… Read More ›
U.S. auto regulators set to relax emission standards for the U.S.
The move could further pad the pockets of big oil and big auto and end up hurting U.S. consumers. The U.S. Transportation Department has disclosed it may revise auto fuel efficiency standards from the 2021 model year. The move comes… Read More ›
Chlorinated Chicken Overshadows US-UK Trade Talks
Amid concerns over chlorinated chicken imports, even in the first day of talks between the U.S. and the U.K., hopes of securing a post-Brexit trade deal between the two have come under threat. While British campaigners insist that a proposed bilateral… Read More ›
BSI Says In Last Two Years, Half Of German Companies Hit By Sabotage, Spying
The German IT industry association Bitkom estimated that the attacks on German companies caused around 55 billion euros’ worth of damage a year and said that more than half the companies in Germany have been hit by spying, sabotage… Read More ›
London’s Alternative Investment Market (AIM) loosing investor’s money
Here is the result of a study on London’s AIM. An eye opener on Chinese investment in Britain. As per an accountancy firm specializing in London’s junior stock market, 14 companies have left London’s Alternative Investment Market (AIM) from January… Read More ›
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