15 U.S. States, headed by the Attorney General of New York and California, have filed a lawsuit against the merger saying it is anti-competitive and will raise costs by more than $4.5 billion annually for residents. In a significant development,… Read More ›
Regulations & Legal
Austrian sensor specialist AMS triggers bidding war for Osram
The acquisition makes sense for AMS since it sees synergy with Osram sensor solutions and photonics businesses especially in the emerging self-driving market. Austrian sensor specialist AMS’ offer to acquire Germany’s Osram has trigerred a bidding war for the German… Read More ›
As Latest Trump Tariffs Set To Be Imposed, Analysts Look For Signals Of Consumer Pressure
Investors in the United States and elsewhere would be keeping a close watch on the quarterly results of US retailers that would start coming starting next week as well as the release of key consumer sentiment and retail sales data,… Read More ›
Indonesia-EU Trade Dispute Could Be The Next Trade War
While the global markets, economists, investors and analysts are busy closely watching the developments of the trade war between the United States and China, there is another potential trade war that is brewing the European Union and the commodity giant… Read More ›
Latest US Sanctions Against Venezuela Criticized By UN Human Rights Head
The sanctions by the United States against the South American country Venezuela has been severely criticized by the heads of the United Nations Human Rights. The latest sanctions have been called as “extremely broad” and they have the potential to… Read More ›
Shrinkage In UK Economy – First Since 2012
There is shrinkage in the United Kingdom economy in for the first time in almost seven year and it could be pushed into a recession because of Brexit. The Office for National Statistics said Friday that there was a contraction… Read More ›
SEC proposes changes in Regulations S-K to ease compliance in regulatory filings
The move is part of a broader plan to modernize the compliance regime. In a significant development, the U.S. Securities and Exchange Commission has proposed changes to rules governing how publicly-traded companies disclose business, legal, and risk factors in regulatory… Read More ›
U.S. trade action hammer’s China’s producer price Index to lowest in 3 years
While China’s producer price index (PPI) fell to its 3 year low, the consumer price index (CPI) rose by 2.8% in July. On Friday, in a development that underscores the effectiveness of Washington’s trade action against Beijing, China’s factory gate… Read More ›
Bayer proposes to pay $8 billion to settle 18,000 U.S. lawsuits over Monsanto’s Roundup weedkiller
Bayer’s strategic could potentially significantly reduce headwinds revolving around lawsuits stemming from Monsanto’s glyphosate-based weedkiller – Roundup. On Friday, shares of Bayer surged by 11% following a report from Bloomberg that it has proposed to pay $8 billion in order… Read More ›
No Deal Brexit Could See Weeks Of Fresh Food Shortage In UK
If there is no deal between the United Kingdom and the European Union before the Britain leaves the block, UK consumers could go for weeks, or even months without some of their favourite fresh foods, warned UK’s food and drink… Read More ›