Following a number of incidents of cyber hacking from by elements in Russia and China that have caused an obvious alarm among European governments, the European Union now wants to respond to them and is will conduct a war games… Read More ›
Regulations & Legal
UK Could Be Short Of Natural Gas Supply After Brexit
After Brexit, there could be shortage in supply of gas to the UK along with a potential rise in prices, warned an industry leader of the nation. In the eventuality of EU nations prioritizing their own countries during winter cold… Read More ›
IBM’s Acquisition Of Red Hat Approved Unconditionally By European Regulator
The landmark acquisition of open source vendor Red Hat worth $34 billion has been approved unconditionally by the European Commission (EC). The evaluation and approval process of the deal by the executive arm of Europe took just nine weeks to… Read More ›
Carlos Ghosn cancels news conference following concerns raised by his daughters
Although Ghosn’s lawyers did not specify the reasons for cancelling the news conference, earlier in April he had been rearrested after scheduling a news conference. On Friday, lawyers of Carlos Ghosn, the former Chairman of the Renault-Nissan alliance stated, he… Read More ›
Hong Kong steadily losing wealth to Singapore
The steady stream of wealth that is being moved out of Hong Kong to Singapore is due to China’s aggressive posturing on the former British isle. According to sources familiar with the matter at hands, many foreign wealth managers are… Read More ›
China’s Dajia Insurance Group to take over the assets of Anbang Insurance Group
Dajia Insurance Group has a registered capital of $2.97 billion. According to a Chinese government document, Beijing has formed a new company called Dajia Insurance Group in order to take over the assets of Anbang Insurance Group. According to a… Read More ›
Japan Wants Next British PM Should Not Go For No-Deal Brexit
The United Kingdom should not go out of the European Union without a trade deal, Japan has urged to the two Prime Minister hopefuls Boris Johnson and Jeremy Hunt, when either of them becomes the UK prime minister. That request… Read More ›
US Urged By China To Remove Ban On Huawei
China has demanded that the sanctions imposed on the Chinese tech company Huawei by the United States should removed with immediate effect. This demand was made by a spokesman for the country’s commerce ministry on June 27 even as US… Read More ›
Real-Time Payments For EU Banks To Speed Up Due To Competition From Facebook And The Likes
According to officials of the finance industry, by 2020, there can be in place a an instant payments system shared by all banks in the euro zone. This would be driven by greater competition being faced by banks from services… Read More ›
Huawei Technologies loses trade secret lawsuit against CNEX Labs Inc
According to Paul Shere, CNEX’s spokesman, Huawei’s lawsuit was an effort to acquire “CNEX’s advanced semiconductor technology” through a court action. In a setback to China’s Huawei, a A U.S. has cleared semiconductor designer CNEX Labs Inc of stealing trade… Read More ›
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