In a filing, Raytheon has disclosed, it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) related to an investigation into the possibility of improper payments made for contracts in certain Middle East countries since 2014. The… Read More ›
Regulations & Legal
UK’s Regulator Ofcom Will Now Regulate Social Media In The Country
The United Kingdom based watchdog Ofcom will now be handed over new powers to ensure that social media companies are forced to take action against harmful content. This is the first time that such a step is being taken for… Read More ›
Loss Of Nature Will Cause Big Hit To Global Economic Growth, Says New Report
The World Wildlife Fund has warned that about £368bn a year will be wiped off global economic growth by 2050 because of loss of nature. One of the major losers in this will be the United Kingdom which will see… Read More ›
Oil traders pour funds into green initiatives in search of sustainable business model
With oil traders seeking to match profits they make from trading oil from climate friendly projects, they are pouring hundreds of millions of dollars into such projects which include wind farms, blue hydrogen and cow manure plants. As a result… Read More ›
There Will Be Trade Barriers After Brexit, Says UK’s Michael Gove
Those businesses of the United Kingdom who trade with Europe will need to prepare themselves for “significant change” with “inevitable” border checks for “almost everybody” who wants to imports products from the European Union starting next year, Michael Gove, the… Read More ›
At Least A Year Before Any Coronavirus Vaccine Can Be Available In The Market, Says UK Scientist
People should not expect a vaccine to the dreaded coronavirus to be available in the market at least until next year even though there has been advancement made in recent times on the vaccine, said British scientist Dr. Robin Shattock… Read More ›
Zero Growth In UK Economy In The Last Quarter Of 2019
There was virtually no growth in the economy of the United Kingdom in the fourth quarter of the 2019 primarily because of a contraction during the quarter, the third straight quarter of contraction, while there has also been a slowdown… Read More ›
UK Confident Of A Trade Deal With US Despite Issues Over Huawei
The United Kingdom is confident that it will be able to strike up a trade deal with its trusted ally United States despite the disagreement between the two over the issue of including the Chinese tech giant Huawei in the… Read More ›
Sony And Amazon Not To Participate In Major Tech Show Due To Coronavirus Scare
While the fast spreading coronavirus in China has affected global supply chains of largest of the tech companies, the latest tech companies to pull out of the one of the world’s largest tech shows to concerns and risks of the… Read More ›
Closure Of Chinese Factories Continues To Stress Global Supply Chains
Thousands of the companies all across the world are waiting for reopening of factories and production units in China starting Monday. However if the closures continue over concerns of spreading of coronavirus, many of the major brands of the world… Read More ›