Keith Noreika, a banking lawyer at Simpson Thacher & Bartlett LLP, is being considered as an acting comptroller. The Wall Street Journal has reported that the Trump administration plans on replacing Thomas Curry as the Comptroller of the Currency. Although… Read More ›
HR & Organization
Public records show public investments funds flowing into Trump’s business interests
With this potential violation of the U.S. constitution, Trump appears to be risking everything by choosing not to divest. As per two senators, U.S President Donald Trump is setting a unparalleled precedent by flirting with potential violations to the U.S…. Read More ›
The U.S. International Trade Commission will probe patent violations over usage of thermoplastics by Japanese and German automakers
If it is of any indication, shares of companies against whom the complaint has been filed by Intellectual Ventures II, have largely remained unmoved. Trade authorities in the United States have disclosed that they will soon begin an investigation into… Read More ›
Fox and Blackstone Group to bid for Tribune Media Co
Their joint bid comes in less than 2 weeks after the U.S. Federal Communications Commission voted to lift the 2016 limit on the number of television stations broadcasters can buy. Sources familiar with the matter at hand have disclosed that… Read More ›
Germany to help transform Saudi Arabia’s economy
Oil-exports-dependent Saudi Arabia is pushing to diversify its economy. With German Chancellor Angela Merkel’s visit to the country, Saudi Arabia has let it be known that it wants to partner German companies, including, Siemens and SAP, to further the kingdom’s… Read More ›
Boeing wins $541 million defence contract: Pentagon
The contract is for building CH-47F choppers for Netherlands The Pentagon has disclosed, Boeing Co has won a contract worth $541 million for CH-47F helicopters for the Netherlands.
Apple proposes stronger, stricter norms of data collection for self-driving cars
Apple appears to be creating an ecosystem for the self-driving car market and is seeking greater clarity for its parameters. In a strategic move which has immense significance for companies in the crowded self-driving car market, Apple Inc has urged… Read More ›
A delegation of high level Foxconn executives visit the White House
Foxconn, the world’s largest contract manufacturer, has loads to talk to the White House. Here’s why … As per footage shown on Taiwanese television, top executives from Foxconn, including founder and chairman Terry Gou, visited the White House on Thursday…. Read More ›
James von Moltke appointed as Deutsche Bank’s new CFO
Coming from a distinguished lineage, James von Moltke’s appointment comes at a time when Germany’s prime lender is facing reputational challenges and a fledging securities trading business in the U.S. As per a source close to the matter at hand,… Read More ›
United Ireland will leave Britain to join the European Union
This is the position taken by legal experts and is accepted by the current British government led by Theresa May. According to diplomats attending a Brexit summit, the EU leaders should give a formal undertaking to ensure that the British… Read More ›