Amnesty International wants battery makers to source minerals responsibly. Extraction of minerals for use in batteries have been linked to human right abuses. With all due respect to Amnesty, it should redirect its focus on the blatant harvesting of human… Read More ›
Regulations & Legal
Memory market likely to recover this year: Micron Technology
Although its second quarter profits have beaten analysts’ estimate, its profit forecast for the third quarter is well below Wall Street’s expectations. U.S. chipmaker Micron Technology Inc stated, it sees a recovery in the memory chip market in the coming… Read More ›
South Korean antitrust regulator KFTC lowers decade old fine on Qualcomm to $200 million
The cut in the fine comes in the wake of a Supreme Court ruling. The Korea Fair Trade Commission has made it clear that it will not tolerate a “monopolist enterprise’s abuse of its market position …” On Thursday, South… Read More ›
Disney Closes Its $71Bn Acquisition Of 21st Century Fox
A media house whose scale can only be imagined is not far off as Disney has closed the acquisition of Rupert Murdoch’s entertainment business deal worth its $71bn. The deal includes franchises such as Cinderella, The Simpsons and Star Wars,… Read More ›
Most banks short of compliance under Basel rules
Basel rules were created so as to avoid a scenario wherein taxpayer’s money is used to bail banks in case of a financial crisis. On Wednesday, financial regulators warned, top international banks will collectively require $34 billion (30 billion euros)… Read More ›
$1.32 trillion to leave London ahead of Brexit: EY
Asset managers, banks, and insurers in London are expanding their European operations or opening new offices there to avoid a disruption from Britain’s potentially chaotic departure from the European Union. On Wednesday, in a significant development, Earnest and Young (EY)… Read More ›
OECD Report Claims Fake Goods Sale Rising Due To Rise Of Online Retail
A report from the Organisation for Economic Co-operation and Development (OECD) and the European Union’s intellectual property office (EUIPO) has found that there has been a rapid increase in the amount of fake merchandise sold around the world because of… Read More ›
Huawei’s cheap 5G equipment come with massive security implications
Apart from the asymmetry between the access that Chinese firms enjoy in foreign markets and the access China provides foreign companies in its markets, the real threat to national security is that China’s 2017 cybersecurity law obliges and forces citizens… Read More ›
Neuroscience-Based Videogames Being Tested By JP Morgan For Recruiting Interns
A unique method of recruitment of interns is being used by United States based investment bank JPMorgan Chase & Co. The bank is in the process of testing out video games based on neuroscience for the recruitment. This is part… Read More ›
OPEC Keeps Output Cut In Place But Scraps Crucial April Meeting
The scheduled meeting in April of the Organization of the Petroleum Exporting Countries (OPEC) is set to be cancelled. The meeting was called to estimate the possible impact when, in June, the full impact of the United States sanction on… Read More ›