Nexstar Media Group Inc and Tribune Media Co will have to divest TV station in 13 markets so that their $6.4 billion deal satisfies antitrust concerns. The U.S. Justice Department told Nexstar Media Group Inc and Tribune Media Co that… Read More ›
Regulations & Legal
Grounding Of Boeing 737 Max To Hit Cash Flow, Warns GE
The global grounding of all the aircraft of Boeing’s 737 Max has hit the cash flow of General Electric. The United States based manufacturer of the engines that also supplies to this popular aircraft model from Boeing warned that the… Read More ›
Samsung Q2 Profits Fall 56%, Warns Of ‘Challenges’ Ahead In Chip Business
A global price decline for its memory chips and consequently revenues apparently has caused a 56 per cent drop in the second quarter operating profits for the biggest smartphone maker of the world and the South Korean tech giant Samsung…. Read More ›
Saudi Arabia Urged By Football World To End Football Match Broadcasting Piracy
Saudi Arabia has been called on to take action to prevent the illegal broadcasting internationally of foot ball matches by a sophisticated, homegrown pirate TV and streaming service in the country. This appeal to the Middle Eastern country was made… Read More ›
Roche extends $4.3 billion takeover offer for Spark Therapeutics to September 3
The decision comes in the wake of continuing regulatory scrutiny by antitrust regulators in the UK and U.S. over its takeover offer. Following a continuation of regulatory reviews in the United States and Britain, Roche and Spark Therapeutics announced another… Read More ›
Decision on license to U.S. companies for doing business with Huawei by next week: Wilbur Ross
The U.S. is likely to grant special licensees to U.S. companies who are seeking to maintain non-national security related business ties with China’s Huawei. According to a statement by U.S. Commerce Secretary Wilbur Ross, the Trump administration may respond by… Read More ›
Huawei Sees Trouble Ahead Despite Revenue Rise
Despite the ban on it by the United States government which prevented the Chinese telecom and tech giant Huawei from accessing products form a host of its suppliers in the US, the company has reported a sharp increase in its… Read More ›
For Environment Activists, The Deadliest Country In The World Is The Philippines
According to a new research, for people defending their land and environment, the most dangerous place in the world now is the Philippines and has replaced Brazil in this notoriety. This study squarely reflects that type of administration that is… Read More ›
Colorado agrees to adopt California’s zero-emission vehicle norms
This is a milestone for the electric vehicle industry in the U.S. In a significant development, there has been a breakthrough in talks with major automakers agreeing to a deal with the state of Colorado wherein the state will adopt… Read More ›
£1bn Forex Rigging Case Filed In UK Against Barclays, RBS And Other Banks
Investors are suing five British banks, including Barclays and Royal Bank of Scotland, in a legal suit worth about £1 billion over allegations that the banks had rigged the foreign exchange market. Experts view this law suit as an attempt… Read More ›
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