Following the Brexit referendum, with the dramatic fall of the pound was interpreted as being good for the economy by the Pro-Brexit interest groups, the results of a survey conducted by the Chartered Institute of Procurement and Supply (CIPS), are… Read More ›
Entrepreneurship
The European Central Bank wants progress on NPAs from banks in the Eurozone
Taking a tough stance, the ECB has made it lucidly clear that banks across the Eurozone will have to stick to the deadline in reducing their non-performing assets, including loans. On Friday, the European Central Bank disclosed that it plans… Read More ›
Republican tax plan proposal will increase cost of U.S. education by more than $65 billion
This proposal’s target are the liberal values promoted by U.S. colleges and universities. By significantly hiking the cost of education, the proposal aims to diminish liberal values among the masses. As per an analysis by the American Council on Education… Read More ›
Raytheon wins $2.87 billion defense contract from Pentagon
The contract is for providing support services for the U.S. army and DOD customers for live, virtual and constructive training domains. The Pentagon stated that Raytheon Co has won a $2.87 billion contract for providing support services for the U.S…. Read More ›
SEC’s staff legal bulletin places burden of proof on investor proponents
The new measure comes in the wake of demand for reforms in annual director elections as well as on topics related to corporate governance. Going by the SEC’s “staff legal bulletin”, companies are likely to block ethical or social matters… Read More ›
The proposed tax bill is likely to undergo change before it becomes law
The likelihood of the Republican tax bill undergoing change is high since the House tax bill aims to not only cut taxes, which by itself is hard, but is also taking on provisions that are specific to certain industries, which… Read More ›
London’s direct rule over Northern Ireland fraught with significant risks
British Prime Minister Theresa May’s minority government, depends on Northern Ireland’s Democratic Unionist Party (DUP) to pass legislation in Parliament. In a significant development, for the first time in a decade, the British government is set to impose a budget… Read More ›
U.S. President Donald Trump expected to name Jerome Powell as the next chairman of the Federal Reserve
Here’s how Powel’s appointment could impact the U.S. economy as well as the strength of its currency. On Thursday, U.S. President Donald Trump is expected to nominate Jerome Powell, the Federal Reserve’s Governor as the next chairman of the U.S…. Read More ›
Samsung Electronics appoints Roh Hee-chan as its CFO
Roh appointment forms part of a larger series of top appointments at Samsung Electronics which has resulted in newer younger generation coming to the helm in one of Asia’s biggest conglomerate. On Thursday, Samsung Electronics Co Ltd decided to name… Read More ›
Transparency bill could significantly impact Novo Nordisk’s business
Warning against excessive transparency, Novo Nordisk said the upcoming transparency bills could impact its growth potential in key markets. On Wednesday, drugmaker Novo Nordisk warned that the new legislation being prepared in some states in the U.S. which are aimed… Read More ›