In a legal blow to German chemical giant Bayer’s Monsanto unit lost a final appeal in a marathon legal battle in France in which it has been held liable for the accidental inhalation of a weedkiller by a crop farmer. In… Read More ›
Regulations & Legal
Allegations Of Charging ‘Excessive’ Fees Levelled Against Visa And Mastercard In The UK
Retail companies in Britain have alleged that Visa and Mastercard have benefitted during the novel coronavirus pandemic by charging “excessive fees”. Over the last two years, the two companies have almost doubled the scheme fees charged, said British retail groups…. Read More ›
Berkshire Hathaway Inc pays $4.14M to settle non-compliance to U.S. sanctions against Iran
In a statement the U.S. Treasury Department said, Berkshire Hathaway Inc had agreed to pay a sum of $4.14 million to settle civil allegations that its Turkish subsidiary had made “egregious” violations and was non-compliant with U.S. sanctions against Iran…. Read More ›
Britain-U.S. trade negotiations intensify ahead of critical U.S. Presidential elections
In a significant development, British trade minister Liz Truss said, Britain and the United States are intensifying trade negotiation. The announcement comes ahead of the start of the fifth round of negotiations focused on goods tariffs. Britain has placed a… Read More ›
Washington starts anti-dumping probe on aluminium foil from Armenia, Oman, Brazil, Turkey and Russia
In a statement, the U.S. Department of Commerce stated, it will commence investigation into the import of aluminum foil from countries incluing Armenia, Oman, Brazil, Turkey and Russia, for potential dumping or unfair subsidies. It went on to add, the… Read More ›
U.S. automakers preparing for potential Biden win
Automakers are gearing up for tough new vehicle emissions rules and policies favoring electric vehicles if Democratic presidential candidate Joe Biden wins the White House. Both, U.S. President Donald Trump and Biden need the votes of auto workers in Midwestern… Read More ›
ConocoPhillips To Acquire US’s Shale Producer Concho Resources For $9.7 Billion
Even as the global price for fuel continues to be very low, the process of consolidation in the energy sector continued with ConocoPhillips agreeing on Monday to acquire the United States based shale oil producer Concho Resources in a deal… Read More ›
UK Firms Told To Prepare For No-Deal Brexit As ‘Time Is Running Out’
Business in the United Kingdom are being asked to put in pace preparations for a no deal Brexit after the transition period ends at the end of the current year as a campaign to this effect says that “time is… Read More ›
Chinese Economy Grew At 4.9i% In The Third Quarter
According to data from the National Bureau of Statistics of HCina, the country has managed to stage a recovery from the economic impact of the novel coronavirus pandemic during the third quarter. A year on year GDP growth of 4.9… Read More ›
Major Economic Upset Can Result From ‘Thin’ EU Deal Being Sought By UK: Experts
According to the former boss of the Brexit department, Britain’s ability to trade will be faced with a “dead weight” because of the narrow EU deal sought by Boris Johnson. There are concerns that Britain is not at all prepared… Read More ›
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