Dell Technologies Inc and HP Inc both computer makers warned that the on going global shortage of computer chips could have an impact on the ability of the companies to meet the demands for laptops this year even as both… Read More ›
Regulations & Legal
DOJ begins investigation into Archegos Capital Management’s collapse
The U.S. Department of Justice has begun an investigation on the collapse of Bill Hwang’s Archegos Capital Management, which cost large global banks more than $10 billion in losses. To this end, federal prosecutors in Manhattan have sent requests for… Read More ›
US Senate Finance Committee advances bill which increases tax credits for EVs, with riders
In a development aimed at further boosting the adoption of electric vehicles the U.S. Senate Finance Committee has advanced legislation aimed at boosting the tax credits for electric vehicles to as much as $12,500, as long as they are assembled… Read More ›
Washington faces very large challenges in economic relationship with Beijing: USTR
In a development that buttresses the previous U.S. Administration’s point of view, U.S. Trade Representative Katherine Tai stated, the United States faces “very large challenges” in its economic relationship with China; the challenge requires the Biden Administration’s full attention across… Read More ›
Taiwan Accuses China Of Blocking A Covid-19 Vaccine Deal With BioNTech
China was accused by Taiwan directly for the first time of blocking a deal of the island with Germany’s BioNTech SE for Covid-19 vaccines further escalating a war of words since Beijing offered the vaccine shots to the island through… Read More ›
India Govt. Sued By WhatsApp Over New Media Rules Which It Says Break Privacy
Social media messaging app WhatsApp has filed a lawsuit against the Indian government in Delhi seeking court intervention to prevent implementation of regulations that came into force on Wednesday which, according to experts, would force the California-based Facebook unit to… Read More ›
German Economy Could Rebound In Summer After Covid-19 Contraction
The German economy is headed for a swift recovery from the Covid-19 pandemic this summer following a more than expected shrinking of the economy ion the first quarter. This optimistic picture of the German economy is based on better German… Read More ›
IAEA Chief Concerned About Iran’s Level Of Uranium Enrichment
Expressing alarm over the nuclear program being carried out by the Iranian government, the chief of the International Atomic Energy Agency spelled out why he was so concerned in an interview with the Financial Times this week. The situation was… Read More ›
Consolidation In Aircraft Leasing Industry To Be Accelerated By Covid-19
The Covid-19 pandemic is likely to accelerate the consolidation of the aircraft leasing industry, believes the head of major lessor SMBC Aviation Capital. The aircraft leasing industry has control of more than 40 per cent of the total global passenger… Read More ›
Report Finds Corporate America Appointed More Black Directors Last Year Following Social Justice Protests
A new report published by consultancy ISS Corporate Solutions has revealed that since the killing of George Floyd last year at the hands of Minneapolis police, there has been a significant rise in the number of African-American directors who have… Read More ›