A German magazine has reported 93.6 billion euros in costs for the refugee crisis by 2020, citing a draft report from Berlin’s Ministry of Finance. A German magazine has reported that Germany has projected an expense of nearly 93.6 billion… Read More ›
Despite facing criticism from “Out” campaigners, the governor of Britain’s central bank has justified stating the risks of such an outcome. Mark Carney, the governor of the Bank of England has denied that by stating the possible short-run costs of… Read More ›
Hackers are relying on the vulnerabilities in SWIFT’s messaging systems to hide their digital footprints. A second bank has been compromised due to these vulnerabilities. In the wake of Bangladesh’s central bank being hacked due to hackers exploiting vulnerabilities in… Read More ›
In the wake of fluctuating oil prices, Saudi Arabia is trying to diversify and revitalize its economy. The world’s largest exporter of oil Saudi Arabia is in the process of overhauling its economy. The process of partially privatising Aramco, a… Read More ›
Eyeing a possible future tie-up, Apple has invested $1 billion in Didi Chuxing, a ride-hailing service in China. In a move described by Apple CEO Tim Cook as one that would help the company better understand the Chinese market, Apple… Read More ›
Workers in plants run by the largest U.S. poultry producers are reduced to wearing diapers while working on the processing line as they are regularly being denied bathroom breaks, Oxfam America said in a report. “It’s not just their dignity… Read More ›
With the aim to “encourage more businesses to switch to hydrogen-fuelled vehicles”, the U.K. government has launched a £2 million ($2.89 million) fund to provide subsidies. Private businesses, as well as organizations such as police forces and health trusts would… Read More ›
Soccer club Tottenham Hotspur has taken home an unlikely consolation prize even though it narrowly missed out on clinching the English Premier League (EPL) title,. The area surrounding Spurs’ home stadium, White Hart Lane in north London, recorded the greatest… Read More ›
Looking into the possibility that the two giants of electronic trading are giving small investors a poor deal when executing stock transactions on their behalf, the US Federal authorities are investigating the market-making arms of Citadel LLC and KCG Holdings… Read More ›
Strengthening its leading position on the high-margin specialty & coating additives market, the Specialty & Coating Additives business (Performance Materials Division) of the US company Air Products and Chemicals would be acquired by Evonik Industries AG for 3.8 billion US… Read More ›
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