Franklin Templeton has launched a new fund range in Luxembourg which provides local investors access to U.S. based fund managers. In a significant development, asset manager Franklin Templeton disclosed, following the launch of a new fund range in Luxembourg, it… Read More ›
The development signals a growing move by Britain’s financial watchdog to scrutinize audits conducted by the Big Four accounting firms. Following a collapse of travel giant Thomas Cook, Britain’s Financial Reporting Council has begun an investigation into the travel company’s… Read More ›
The appointment comes midst a string of profit warnings. WPP, the world’s biggest advertising agency, has appointed John Rogers, the CEO of retailer Sainsbury’s Argos as its new director of finance. Rogers will be taking over from outgoing Paul Richardson… Read More ›
In case of major disruption to business because of a no deal Brexit, unpaid leave for two weeks or more would be forced on its workers at its Mini plant in Oxford in the United Kingdom, said BMW. The company’s… Read More ›
The US state of California has passed a legislation that would allow workers in the gig economy to demand holiday and sick pay. This is considered among first legislations in the world that can upend and significantly affect the business… Read More ›
Britain is staring at a cliffhanger Brexit. On Friday, according to a statement from Irish Foreign Minister Simon Coveney, the British government has yet to make credible and concrete proposals on replacing the mechanism known as the Irish backstop in… Read More ›
The SEC had found Juniper Networks Inc to be non-compliant with provisions of the Foreign Corrupt Practices Act (FCPA). The U.S. Securities and Exchange Commission stated, it has fined and settled with Juniper Networks Inc, a sum more than $11.7… Read More ›
The depreciation of the Renminbi has led to a jump in import costs. On Friday, U.S. electric vehicles maker Tesla Inc stated, it has raised the price of some of its models in China. The development comes in the wake… Read More ›
Japan is taking steps to improve the monitoring of the ownership of its companies in industries which it considers as critical to its national security. According to two officials with knowledge of the matter at hand, Japanese officials are considering… Read More ›
There is renewed interest among U.S. Treasury officials in ultra-long bonds. As per a report from Bloomberg, U.S. Treasury Secretary Steven Mnuchin is seriously weighing the possibility of issuing ultra-long U.S. bonds. According to the report, the matter is “under… Read More ›
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