Failing to provide a contingency plans would amount to a serious dereliction of duty.
HR & Organization
AIA’s CEO joins embattled HSBC as non-executive Group Chairman
The move comes in the wake of HSBC’s lawyers urging a federal appeals court to not to reveal Michel Cherkasky’s reports. In a telling development, Hong Kong-based AIA Group’s President and CEO has stated that he will be leaving the… Read More ›
China’s HNA Group seeks to boost stake in Deutsche Bank
For the Chinese, this is likely to be a strategic investment to get a foothold in the European financial sector. Two sources with knowledge of the matter have revealed that the Chinese conglomerate, the HNA Group, is seeking to increase… Read More ›
Tesla offers Australia a helping hand to solve its massive power outages
Australia desperately needs within the next 2 years more installations of wind and solar energy plants to avert severe blackouts. Elon Musk, Tesla’s CEO, has offered to save Australians from their dependency from the state by installing battery storage worth… Read More ›
VW set to plead guilty to emissions in the U.S.
While there have been hundreds of articles saying how much pollution VW has caused with its cheating scandal for which it has now agreed to pay up to $25 billion in fines in the U.S. alone, with the Trump administration… Read More ›
Trump Administration could reset U.S. Japan relations back to the 1980s
While the U.S. government may want Japan to open up its agricultural sector, Japan would prefer that the talks revolve around issues such as foreign direct investment, infrastructure and energy. Japan has outright rejected U.S. demands for more access to… Read More ›
EDF Energies Nouvelles in the fray for purchasing SunPower’s 100MW El Pelicano solar plant
The solar industry in Chile is in the midst of a consolidation. As per two sources with knowledge of the process have disclosed that SunPower Corp has placed the 100-megawatt El Pelicano solar plant up for sale, as part of… Read More ›
Resurgence of U.S. shale oil changes the balance of power with traditional oil producers
U.S. shale producers realise that with great power comes great responsibility. In what could potentially offset OPEC’s move to cut oil productions so as to reduce the glut in the global oil pool, U.S. shale oil producers are plotting an… Read More ›
Uber shutdowns the usage of its ‘Greyball’ tech
In a blog post Uber’s Chief Security Officer stated that the company “expressly prohibits” the usage of the tech to evade local regulators. In a significant development, Uber Technologies Inc has made it amply clear that it does not… Read More ›
Likelihood of SEC approving U.S ETF high
Although many investors have are hoping that the SEC will approve the creation of the United States’ first bitcoin exchange-traded fund, a few cautious ones, such as Michael Venuto, chief investment officer at Toroso Investments prefer to avoid the volatility… Read More ›
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