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 ›
Regulations & Legal
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 ›
Dish Network closing on $6 billion deal for T-Mobile-Sprint Corp’s assets
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 ›
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 ›