In what is the latest cross-border recruitment effort to respond to U.S. immigration policy and with the message that it’s a great place for high tech, the governor of Mexico’s state of Jalisco is visiting more than 40 U.S. tech… Read More ›
Economy & Finance
France, Germany Netherlands vulnerable to election hacking: former U.S. official Justice Department
The U.S. intelligence community has repeatedly pointed a finger at Russia for having influenced the 2016 U.S. Presidential elections and have called for a more proactive and assertive stance. As per a former official from the U.S. Justice Department who… Read More ›
Fortress Investment to be Bought for $3.3 Billion in Cash by SoftBank
U.S.-based private equity and asset management firm Fortress Investment Group would be bought over by Japanese Internet and telecommunication giant SoftBank Group for about $3.3 billion in cash, the Japanese group has announced.. SoftBank is better known for its typical investments into technology… Read More ›
As Space War Intensifies, India Completes Record Satellite Launch
As the Indian space program looks to cement its position as the dominant destination for low-cost launches, the country’s primary space agency, ISRO, put 104 satellites into orbit on Wednesday, the most in history. When it took off at 9:28… Read More ›
Test for Central Banks and Markets to be Presented by Reawakened Global Inflation
Inflation numbers are a key market focus for global central banks who have been battling to ward off deflation and have spent trillions of dollars in the years since the financial crisis. And with mounting signs, their efforts seem now… Read More ›
Cigna Wants To End Anthem Deal; Aetna, Humana Drop Merger
Shelving the industry consolidation were charted to address former President Barack Obama’s Affordable Care Act, Cigna Corp sought to end its deal with Anthem and Health insurers Aetna Inc and Humana Inc walked away from their $34 billion merger. Saying… Read More ›
20% import tax likely to ruin the retail industry in the U.S.
In a cunning move, Trump’s proposal has exempted revenues generated from exports while proposing to impose a 20% tax in imports. This essentially pits exporters against importers and unless this entire line of reasoning is revisited, in the long run… Read More ›
To Stay Attractive, Plan B on Corporate Taxes Need to be Drawn Up by Switzerland
After voters rejected its bid to reform corporate taxation to keep the country internationally competitive, the Swiss government must come up with a new plan and figure out how to limit economic fallout. The government will have to concoct a Plan… Read More ›
Amid Populist Rise, Elections Across Europe has the IMF Chief Worried
Set against a backdrop of rising support for populist parties, the flurry of upcoming elections in Europe are causes of concerns for International Monetary Fund (IMF) chief Christine Lagarde. There is growing uncertainty about the future state of the European Union… Read More ›
Stada receives 3.6 billion euro takeover offer from Cinven
German generic drug manufacturer Stada has been caught in the eye of the storm from activist shareholders since July 2016. This latest takeover bid is the result of a year-long pressure to improve its profitability in areas including transparency, hierarchies,… Read More ›
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