This is a major victory for New York Attorney General Eric Schneiderman. The U.S. Department of Justice has disclosed that the Goldman Sachs Group Inc., has now agreed to shell out $5.06 billion in settlement claims for having misled mortgage… Read More ›
FIREapps, a risk consultancy firm, has filed a report on the impact that currency fluctuations have had on U.S. MNCs In a report prepared by FIREapps, fluctuations in exchange rates during the last quarter of 2015 had the biggest negative… Read More ›
The greatest risk facing the region is the U.K. referendum on its membership of the European Union, says the vice-chair of financial services firm Allianz Global Investors, reported CNBC. Regardless of the outcome of the vote on June 23, it… Read More ›
Iceland’s President has already resigned following the leak now dubbed as the ‘Panama Papers’. There is increasing pressure on Britain’s Prime Minister to come clean. During a TV interview, yesterday, British Prime Minister David Cameron acknowledged that he once had… Read More ›
This M&A will be a litmus test for Margrethe Vestager, the European version of an antitrust commissioner. As per multiple sources familiar with the matter at hand, CK Hutchison Holdings has struck a network-sharing deal with Virgin Media and Sky… Read More ›
Egypt has struggled with discontent and poverty following the crackdown on the Muslim Brotherhood. Reuters has reported citing two Egyptian government sources that Saudi Arabia is all set to sign a $20 billion deal with Egypt so as to develop… Read More ›
The stockpiles of copper in China are near record highs and analysts are of the opinion that the country may be about to shock the global copper market by unleashing its stockpiles onto the global market. In the next few… Read More ›
While sales of Ford-branded vehicles rose 5% in March 2016, compared to the same month last year, its Q1 sales in China increased 14% compared to the same period last year, the Ford Motor Company has reported. Q1 vehicle sales… Read More ›
Beating expectations and pointing to strong sales of its new Galaxy S7 smartphones, tech giant Samsung Electronics said on Thursday its first-quarter operating profit likely rose 10.4 percent from a year earlier. After a healthy start for new premium products and… Read More ›
A $139 million five-year contract for RelayHealth’s patient engagement and interoperable secure messaging solutions has been awarded by the Department of Defense (DoD) and the Defense Health Agency (DHA), McKesson announced on Wednesday. Patients, physicians, physician assistants, nurse case managers,… Read More ›
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