20% of Fitch subsidiaries in France, Britain, and Spain had been affected by the conflict of interest. On Thursday, the European Union’s markets watchdog, the European Securities and Markets Authority (ESMA), has fined credit rating agency Fitch a record $5.78… Read More ›
Regulations & Legal
Merck KGaA Puts For $5.9 Bln Hostile Takeover Bid For Versum
A hostile bid acquisition offer for Versum Materials worth a total of $5.9 billion all-cash deal was launched by German pharma group Merck KGaA on Tuesday as the German firm attempts to increase its presence in the semiconductor materials market…. Read More ›
Report Finds That Too Much Power Was Concentrated In Former Nissan Chief Ghosn
The former disdained chairmen of Nissan Motor Corp – Carlos Ghosn was given too much authority, claims the outcome of an external report comprising of a panel of experts. The aim of setting up the panel by the company was… Read More ›
Need For Evolving Oversight For Aircraft Security Certification, FAA Says: Reuters
According to a report published on Tuesday by the global news agency Reuters, a congressional panel of the United States was told by the acting head of the U.S. Federal Aviation Administration that there needs to be some evolvement of… Read More ›
No shift in DUP stance over May’s Brexit deal: BBC’s political editor
The DUP plays a pivotal role in supporting May’s minority government. According to Laura Kuenssberg, BBC’s political editor, the leader of the Northern Irish Democratic Unionist Party, Arlene Foster, has not shown any change to her opposition to British Prime… Read More ›
Brexit – A Shakespearean tragedy starring Theresa May
British Prime Minister Theresa May is a puppet at the hands of the rebel lawmakers, including ones from her own Conservative Party, as well as that of the Northern Irish Democratic Unionist Party (DUP), which props up her minority government…. Read More ›
Bank of Japan’s quantitative and qualitative easing has boosted productivity: Yutaka Harada
Yutaka Harada, a member of Japan’s central bank – the Bank of Japan, is known for advocating aggressive monetary easing policies. On Monday, Yutaka Harada a board member from the Bank of Japan defended the central bank’s asset-buying spree program,… Read More ›
Trump has broad support for his trade reform push against China
Trump is determined to fix China’s trade relationship with the U.S., an issue that he has railed against for years, long before he even stood for the U.S. Presidency. Although U.S. President Donald Trump’s “America First” policy has angered many… Read More ›
Italy First G7 Country To Join China’s New Silk Road Project
The first developed economy of the west to agree to be a part of the global investment programme of China is Italy. This decision by the European Member country has however raised concerns among the western ally’s of Italy. During… Read More ›
Uber Drivers File Case Against Company Alleging GDPR Rule Violation
A lawsuit is being filed against ride hailing company Uber by his drivers alleging that the company gas been repeatedly violating European data protection regulations. Alleging that Uber has been “failing to honour its obligations” according to the EU’s General… Read More ›