Luxury car maker Ferrari has unveiled a different from of luxury car compared to the typical ones that people generally associate with the company. This is powered by electricity, makes very little noise and yet can reach top speeds of… Read More ›
Regulations & Legal
Australian wealth manager facing yet another class-action lawsuit
Allegations of AMP Ltd charging “unjustifiably” high fees for an extended period of time had surfaced in 2018. On Thursday, Australian wealth manager AMP Ltd stated it would defend itself against a new class-action lawsuit filed on behalf of pension… Read More ›
UK Body Suggests Wider Immigration To Tackle Worker Shortage
Advisers to the British government have suggested that to tackle shortages of workers in a wide range of occupations – from archaeologists and architects to vets and web developers, it is imperative that the UK ensures arrival of a wider… Read More ›
Study Indentifies UK & Its Territories As ‘Greatest Enabler’ Of Tax Avoidance
Result of a new research has shown that the greatest enabler of corporate tax avoidance in ethw world is the UK and its “corporate tax haven network”. Among the top 10 places that have been most active to “proliferate corporate… Read More ›
Indian Shifting To Export Driven Economy Due To Slowing Domestic Consumption
Asia’s third largest economy India – which is critically dependent on consumption, is facing the challenge of a fall in consumption which is indicated by dropping sale figures in some of the key sectors. As a solution, the economy –… Read More ›
Hong Kong Warned By US Not To Allow A Tanker That Breached US Sanctions On Iran
Hong Kong has been threatened by the United States of severe penalties being impose against it if it carries out any sort of business with an oil tanker that has allegedly the US sanctions on Iran and is heading to… Read More ›
Canada takes steps to ratify USMCA ahead of U.S. VP Mike Pence’s visit
For the USMCA, which will replace NAFTA, to become law, it has to be ratified by lawmakers from the U.S., Canada and Mexico by the end of this summer. In a significant development, Canada took the first step toward ratifying… Read More ›
Trump Wants A Trade Deal With Japan By August This Year, Japan Denies Any Knowledge
An announcement for a US-Japan trade agreement could be made in August, said the United States president Donald Trump which is an indication that he would want to push Japan for the trade deal well before the six month period… Read More ›
UBS Says Not ‘Enough Pain’ Being Faced By US & China Currently To Strike A Trade Deal
After United States president Donald Trump implemented an increase in trade tariffs on Chinese products and included Chinese telecom manufacturer Huawei in its so called’ entity list’ that banned it from doing business in and with US companies, thye high… Read More ›
China’s banking regulator takeover Mongolia-based Baoshang Bank
The development underscores the prevalence of unmanageable debt, which poses a systemic risk in China’s financial system. On Monday, in a significant development, the takeover of Inner Mongolia-based Baoshang Bank by by China Banking and Insurance Regulatory Commission (CBIRC), jolted… Read More ›
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