If all goes well with the potential deal, worth possibly more than $1 billion, an announcement could be made later this month. According to sources familiar with the matter at hand, Principal Financial Group Inc is in advanced talks to… Read More ›
HR & Organization
5,000 Jobs In Germany And More In UK To Be Cut By Ford
With the aim of reducing operational costs in Europe, United States based car manufacturer Ford has announced on Friday that it would cut about 5000 jobs in Germany and more in the In recent years, the performance of the company… Read More ›
Volkswagen And Its Ex-CEO Sued By US SEC Over Diesel Scandal
Volkswagen and its former chief executive is being sued by the US Securities and Exchange Commission. The charges placed against the parties is that they had defrauded investors by making claims about the environmental impact of its cars that were… Read More ›
Macron pushes France’s strategic interests in Kenya
French President Emmanuel Macron’s visit to Kenya has major geostrategic and economic implications. A strong bi-lateral relation between the two countries could largely offset China’s growing clout in the region. On Thursday, in a development that marks a deepening of… Read More ›
EU updates blacklist of tax heavens, adds 10 jurisdictions
The United Arab Emirates, Oman, Aruba, Belize, Barbados, Fiji, Bermuda, Vanuatu, Marshall Islands, and Dominica have now been added to the list. In a significant development, the European Union has broadened its blacklist of tax havens and has added ten… Read More ›
Danske Bank nominates Bente Avnung Landsnes to its board
Bente Avnung Landsnes’ experience in working with Denmark’s financial watchdog is likely to be an important factor in her candidacy. The Board of Directors of Danske Bank, has nominated Bente Avnung Landsnes, the CEO of Oslo Bors ASA, as its… Read More ›
British lawmakers throw Britain in Chaos
Investors and analysts expect British lawmakers to firmly reject a no-deal Brexit; this opens up the possibility of a second referendum, a delayed Brexit or even a snap election. British lawmakers struck yet another blow to Prime Minister Theresa May’s… Read More ›
Russia shrugs off U.S. boycott threat of its International Economic Forum
Foreign investors, including U.S. companies, are nervous over the arrest by U.S. investor Michael Calvey by the Kremlin. On Tuesday, Russia downplayed the risks of a possible boycott by U.S. companies of the Kremlin’s International Economic Forum over the arrest… Read More ›
Attorney General Geoffrey Cox holds the keys to a smooth Brexit
The clincher to May’s deal is Attorney General Geoffrey Cox’s opinion on the legal tenability of the new assurances. On Tuesday, Britain’s former Brexit Secretary David Davis said, British Prime Minister Theresa May’s Brexit proposal could be acceptable once the… Read More ›
China suspends commercial operations of Boeing 737-8 aircraft
The similarity of the plane models, 737-8, and of the circumstances of the crash, while take off, has led to the grounding of all commercial operations. On Monday, following a crash of the Boeing 737-8 aircraft belonging to the Ethiopian… Read More ›
