The development comes midst questions being raised by major investors over the future leadership at Germany’s biggest bank. On Wednesday, Germany’s largest lender, Deutsche Bank stated John Thain, a veteran U.S. banker is being nominated to its supervisory board. The… Read More ›
Key personnels from cement maker LafargeHolcim are set to step down from its board at its 2018 AGM. On Wednesday, Cement maker LafargeHolcim stated Thomas Schmidheiny, its largest most influential shareholder who has been the driving force behind merger which… Read More ›
A range of U.S and European companies, are likely to be affected by this measure, including DowDuPont, Equistar, BASF, Eastman, Sasol and Ineos. On Wednesday, China’s Ministry of Commerce said, Beijing will raise anti-dumping tariffs on diethylene glycol and ethylene… Read More ›
The lawsuit is drawing loads of eyeballs since it could set a precedent for MNCs over their transfer pricing mechanism. In a lawsuit, closely watched by tax experts, that marks a growing signs of tension between the U.S. Internal Revenue… Read More ›
Beijing move will impact $3 billion U.S. exports to China. China’s finance ministry stated, Beijing has imposed additional tariffs of up to 25% on 128 U.S. products including including certain nuts, wine and frozen pork, in response to U.S. duties… Read More ›
Although Christian Strenger has a a small stake in VW, as the ex-CEO of DWS, Deutsche Bank’s asset management arm, and being the founding member of Germany’s Corporate Governance Commission, he has a prominent voice. German newspaper Frankfurter Allgemeine Sonntagszeitung… Read More ›
As per news reporting service Axios, Trump is considering ways to rein in Amazon’s power. In the second instance of its kind, U.S. President Donald Trump came down heavily on Amazon.com Inc accusing it of benefiting unfairly from cheap rates… Read More ›
The authorities of South Korea’s capital city are demanding that workers there work less and not more – unlike some employers. And to prevent workers from working too much, the authorities are even planning to switch off lights and are… Read More ›
If a deal was to materialize, Walmart will have to navigate the complex U.S. healthcare industry while meeting the challenges of a rapidly changing retail market. As per sources familiar with the matter at hand, Walmart Inc, the world’s… Read More ›
In an interesting turn of events U.S. District Judge Valerie Caproni dismissed Exxon Mobil Corp’s lawsuit against the Attorney General of NY and Massachusetts on the grounds of Exxon’s arguments being “implausible”. In a setback to U.S oil giant Exxon… Read More ›
