The potential deal could be formally announced later this week. According to a report from Bloomberg which cites sources familiar with the matter at hand, satellite TV provider Dish Network Corp is in talks to purchase the wireless assets of… Read More ›
Regulations & Legal
Swedbank suspends Estonian heads in Danske Bank probe
The suspensions are aimed at helping Swedbank with discussions with authorities in the ongoing Danske Bank probe. In a significant development, Swedbank has suspended, with immediate effect, the two most senior executives at its Estonian business, which is being investigated… Read More ›
Economic impact of China’s extradition law with Hong Kong
According to Kevin Yam, a prominent Hong Kong-based lawyer, high net-worth individuals from Hong Kong are taking steps to relocate their assets to Singapore. China’s aggressive push towards Hong Kong is starting to have repercussions. According to lawyers, bankers, and… Read More ›
Bayer to invest $5.6 billion in new weed killer
It appears that Bayer intends on creating another line of weedkillers other than Monsanto’s RoundUp, which is causing it lots of grief stemming from thousands of U.S. lawsuits. RoundUp contains glyphosate, which according to plaintiffs, causes cancer. On Friday, in… Read More ›
T-Mobile-Sprint Corp merger deal set for pre-trial hearing on June 21
10 states, led by California and New York, have filed a lawsuit to stop the merger saying it would increase subscriber’s costs. The judge hearing a complaint from state attorneys general who are aiming to stop the $26 billion merger… Read More ›
Canada rejects suggestion of halting Meng Wanzhou’s extradition to the United States
Meng Wanzhou’s extradition to the United States has clearly touched a nerve for Beijing. Although Huawei keeps chanting the mantra that it is not tied to the Chinese government, Beijing’s violent reactions however are indicative otherwise. Canada’s Foreign Minister Chrystia… Read More ›
British Regulators Fine Audit Firm PwC £4.55 Million Over Audit Of Redcentric
The global audit firm Price Waterhouse Coopers (PwC) had failed to challenge the management of the IT services company Redcentric. It was later found that the there was a 20 million pound in the company accounts. This was the charge… Read More ›
Women’s Earnings Peak 11 Years Earlier Than Men, But Get $35,000 Less: Survey
The peak earning potential for working women in general is reached by them about 11 years prior to men. Additionally, women get $35,000 less in the average salary compared to their male counterparts, found a recent study. The study which… Read More ›
Tariff As Tool For Foreign Relations Defended By Trump
His strategy of using trade tariffs as a tool for gaining strategic advantages in trade relations with other countries was defended by the United States president Donald Trump on Tuesday even as its trade war target China pledged to reciprocate… Read More ›
European Union poised to extend tariffs on Chinese bicycles
The bicycle industry has been identified as a key industry in China’s current five-year plan and its Made in China 2025 initiative. Thus it is very likely that the state-backed producers would return to selling them at high volumes and… Read More ›