Business in the United Kingdom are being asked to put in pace preparations for a no deal Brexit after the transition period ends at the end of the current year as a campaign to this effect says that “time is… Read More ›
HR & Organization
Major Economic Upset Can Result From ‘Thin’ EU Deal Being Sought By UK: Experts
According to the former boss of the Brexit department, Britain’s ability to trade will be faced with a “dead weight” because of the narrow EU deal sought by Boris Johnson. There are concerns that Britain is not at all prepared… Read More ›
Swiss EV startup Piëch Automotive AG hires former CEO of VW & Porsche
On Monday, in a statement, Swiss electric car startup Piëch Automotive AG stated, it has appointed the former CEO of Porsche and Volkswagen, Matthias Mueller, as its new chairman. Incidentally, Piëch Automotive is founded by Anton Piëch, who is the… Read More ›
U.S. Treasury Secretary Steven Mnuchin to lead U.S. delegation to Israel, UAE and Bahrain
In a statement the U.S. Treasury Department said, Treasury Secretary Steven Mnuchin will lead a U.S. delegation to Israel, Bahrain and the United Arab Emirates on October 17 to 20. The visit comes in the wake of the UAE and… Read More ›
Citadel Securities sues SEC over IEX’s “D-Limit” order
In a significant development, Citadel Securities has sued the Securities and Exchange Commission (SEC) over its decision to approve a new mechanism for trading stocks at IEX Group Inc. “The SEC failed to properly consider the costs and burdens imposed… Read More ›
Almost 90% Of Workers Want To Have Option To Work From Home: Cisco Survey
A new study from Cisco Systems has revealed that after the easing of restrictions on workplaces due to Covid-19, 90 per cent of the workers want to be able to choose whether to work from home or the office and… Read More ›
Blackstone divests BioMed Realty for $14.6 billion
In a statement the Blackstone Group said, its unit Blackstone Real Estate Partners along with co-investors have agreed to divest BioMed Realty for $14.6 billion to a group led by existing BioMed investors. In 2015, Blackstone had acquired BioMed Realty,… Read More ›
European Union to impose tariffs on Chinese on aluminum extrusions
In a statement, the European Commission stated, the European Union will impose duties of up to 48% on imports of aluminum extrusions from China, citing exports of the same at unfairly low prices. According to an EU official, duties, ranging… Read More ›
Microsoft signs MOU with Equinor for undersea carbon dioxide storage facility
In a significant development, Microsoft Corp has signed a memorandum of understanding with Norway’s Equinor to explore the use of a carbon dioxide storage facility with Microsoft seeking to significantly reduce its carbon footprint. In January, Microsoft, the world’s largest… Read More ›
Trump Administration mulling options to include China’s Ant Group to Entity List
According to two sources familiar with the matter at hand, the U.S. State Department has submitted a proposal to the Trump administration to add China’s Ant Group to its Entity List. The development comes at a time when when the… Read More ›
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