South Korean officials have seized the vessel Lighthouse Winmore which they say transferred oil to North Korean vessels at mid-sea. An official from South Korea’s foreign ministry stated it has seized a Hong Kong flagged vessel suspected of transferring oil… Read More ›
This marks the highest levels since the 2007-2009 financial crisis. Analysts opine that after the passing of the U.S. Tax bill, M&A activity could pick up in 2018. 2017 has been a strong year for the M&A scene with activity… Read More ›
Despite China’s talk, the South Korean news report reiterates suspicion by Tokyo, Seoul and Washington that China has been actively aiding, bolstering and conducting business with its ally – North Korea. Following a South Korean news report that Chinese vessels… Read More ›
Here are the findings of Reis Inc, a real estate research firm, for the fourth quarter of 2017; the report also includes its projections for 2018. As per a report by Reis Inc, the apartment vacancy in the U.S. has… Read More ›
Its tentative schedule of production is mid-2019. Tesla’s CEO, Elon Musk stated it will soon build a pickup truck after producing the Model Y, an electric crossover vehicle. “I promise that we will make a pickup truck right after Model… Read More ›
Here are the findings of the committee constituted by Mitsubishi Materials Corp on the data fabrication scandal. On Thursday, Japan’s Mitsubishi Materials Corp stated the push for market share had driven its subsidiary to fabricate fake product specification which led… Read More ›
While investors had hoped that Trump’s tough talk on illegal immigrants will result in CoreCivic Inc and Geo Group Inc winning government contracts for building prisons, but with fewer illegal immigrants taking the risk to cross over from Mexico to… Read More ›
Significantly, its Tier 1 capital ratio is also impacted by the overhaul. British lending giant Barclays disclosed that it expects to write-down nearly $1.34 billion (1 billion pounds) from its annual post-tax profit as a result of the U.S. tax… Read More ›
GE will buy the outstanding shares from those owned by Elliott Management and the Polygon Investment Group. On Wednesday, GE disclosed it will increase its stake in Arcam AB, a Swedish 3D printer maker, to more than 90%, from 77%…. Read More ›
The lawsuits, affecting the iPhone 6, iPhone 6s, iPhone SE and iPhone 7, seek unspecified damages, and in some cases reimbursement and even barring Apple to throttle the performance of its iPhones. Following Apple’s admission of slowing down ageing iPhones,… Read More ›
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