A court order against Uber Technologies that was delivered by a court in Colombia has forced the ride hailing company to stop operating in Colombia at the end of this month. The company made the announcement this week while calling… Read More ›
Regulations & Legal
Rising Demand For iPhones In China Bring Good News For Apple
It was just about a year ago that iPhone maker Apple has issued a warning to investors about a a serious slow down in its business in China. A year later, that very market is apparently demanding more of the… Read More ›
Proposed 100% US Tariff On European Wine Same As Prohibition, Say US Wine Sellers
Wine makers and merchants in America were almost wiped out of business a cebntruy ago because of new restrictions. And according to the American wine industry, a similar threat is poised by the decision of the United States president to… Read More ›
Introduction Of Carbon Labeling By Quorn, The First Major Brand To Do So
The alternate meat maker Quorn will become the first major brand that will display the carbon labels on its products. The company said that this effort by it was aimed to help customers to better understand the environmental implications of… Read More ›
As Samsung Boss Faces Bribery Trial, The Group Sets Up A Anti-Corruption Panel
External experts have been appointed to a new oversight panel to stamp out criminal conduct by South Korea’s Samsung Group even as its corporate leader is set to face a trial in relation a bribery scandal involving former president Park… Read More ›
Warning On 2020 Global Growth Issued By World Bank
The World Bank has said that if everything goes just right, there can be a modest rebound this year in the global economy after its weakest performance in 2018 since the global financial crisis. The global financial body has identified… Read More ›
Easy access cash savings products needs overhaul: Britain’s Financial Conduct Authority
On Thursday, in a move that is likely to bump up interest rates for consumers, Britain’s markets watchdog has proposed a single interest rate for cash savings products. The Financial Conduct Authority (FCA) stated, competition in cash savings products needs… Read More ›
Chinese Vice Premier Liu Hu to visit Washington next week for signing Phase 1 trade deal
On Thursday, China’s commerce ministry stated, Vice Premier Liu He, who heads China’s negotiation team in the U.S.-China trade talks, will be visiting Washington next week to sign the “Phase 1” trade agreement. Liu’s Washington visit will be for the… Read More ›
Hard Brexit or no-deal Brexit would either way damage the economy: Klaas Knot
On Wednesday, Klaas Knot, governor of Netherland’s central bank, who also sits on the European Central Bank’s Governing Council stated, in the event of a hard Brexit in 2020, the damage to the economy would be as great had Britain… Read More ›
Ukrainian International Airlines 737 crashes in Iran
On Wednesday, following the crash of an Ukrainian International Airlines 737 with at least 170 people on board, Boeing Co stated, it is aware of media reports and was gathering more information. According to a news bulletin by Iran’s official… Read More ›
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