Bombardier and Mitsubishi have agreed that the latter will purchase Bombardier’s CRJ regional jet program. Details of the deal have not yet been disclosed. In a statement, Mitsubishi said, Bombardier’s trade secrets lawsuit against its aircraft unit has been “stayed”… Read More ›
Regulations & Legal
Hard Brexit border to cost 50K pounds a minute in border delays: British car industry body
Boris Johnson and rival Jeremy Hunt, have both said they are prepared to take Britain out of the EU without a deal on Oct. 31, 2019, although this is not their preferred option. In a statement, Britain’s car industry warned… Read More ›
US-China To Restart Trade Talks, But China Claims Its Demand Must Be Met
With reference to the revamped trade negotiations between the United States and China – being seen as advance talks prior to a meeting between Presidents Donald Trump and Xi Jinping next week in Japan, Chinese officials said that they hoped… Read More ›
FedEx Admits New “Mistake” About Huawie Package, Says Will Not Delivery Huawei Mail
Admission for another “mistake” related to a Huaqwei delivery by FedEx Corp has drawn the ire from China. Even though the United States based courier company apologized for the mistake, the Chinese state media has suggested that such mistakes can… Read More ›
Trademark Infringement Case Filed Against Walmart By Jetblue
A legal suit of trade mark infringement has been filed against Walmart Inc by JetBlue Airways Corp. The aim of the suit is to prevent the largest retailer of the world from making use of the Jetblack which is used… Read More ›
Companies In Facebook’s Libra Project Could Have Excess Power, Says Facebook Co-Founder
Those corporations who would get involved with the project of the digital currency called Libra being planned to be launched by the social media company Facebook could get undue advantage to getting greater power than the nation states, warned one… Read More ›
Report Predicts Growth For Cannabis Infused Products Market
A new report from Standard & Poor’s predicted that more companies would be implementing plans to enter the global cannabis market which is estimated to be valued at $150 billion and develop and offer products ranging from cannabis infused as… Read More ›
Facebook And eBay Asked To Combat Fake Reviews By UK Regulatory Body
The existence of a thriving marketplace for fake and misleading online reviews has been noted by the Competition and Markets Authority (CMA) of the United Kingdom. The agency said that their conclusion was based on evidences for the same that… Read More ›
Economic impact of no-deal Brexit should be known before Britain opts for it: Bank of England Governor
A vote for a No-deal Brexit option should have “absolute clarity” on what it would mean for the British economy. In a significant development, Mark Carney, Bank of England’s Governor made it lucidly clear that Britain could opt of a… Read More ›
Deutsche Bank AG probed for compliance to money laundering laws and other financial crimes
U.S. federal authorities are probing to trace and map the flow of illicit funds through the U.S. financial system. According to a report from the New York Times which cites 7 sources familiar with an enquiry, U.S. federal authorities are… Read More ›