May’s counter to this development needs to be weighed in, since irrespective of grant of an exception to extend Brexit, there is no change in the decision itself – No Brexit, No deal or deal. An attempt by British lawmakers… Read More ›
Regulations & Legal
EU finance ministers reject easing out liquidity rules for trading in bullion in Basel III
Basel III regulations are slated to come into force in 2022. While he London Bullion Market Association (LBMA) wants the net stable funding ratio (NSFR) to be at the 50% mark, EU finance ministers want it secured at 85%, to… Read More ›
Balancing national particularities and importing new products: the Wonderbox secret.
Companies which initiate international expansion will inevitably encounter the same conundrum: how to remain within their area of expertise and respect their own processes on the one hand, and not disrupt local customs on the other. French gift box company… Read More ›
Economic growth in U.S., Europe to slowdown in 2019: Ray Dalio
Here is what the founder of hedge fund Bridgewater Associates had to say at the World Economic Forum at Davos. Ray Dalio, founder and chairman of Bridgewater Associates, a hedge fund, opined at the World Economic Forum, he sees significantly… Read More ›
KPMG under second investigation over Carillion’s collapse
Carillion’s collapse has angered lawmakers who called on the FRC to consider breaking up the “Big Four” accountants in order to increase competition and audit quality. On Tuesday, Britain, financial watchdog, the Financial Reporting Council (FRC) stated, it has opened… Read More ›
Britain’s Jeremy Corbyn more appreciative of the merits for a new referendum
Does it always have to be May’s way or the highway? Britain’s economy lies in the balance. In a significant development, Britain’s opposition party leader Jeremy Corbyn has moved a step closer to paving the way for a second referendum… Read More ›
Britain’s competition authority likely to rule on Sainsbury’s-Asda $66 billion merger in early March
With Britain’s Competition and Markets Authority taking on a more active interventional approach in its latest ruling, the Sainsbury’s-Asda deal, which could create Britain’s biggest retailer, faces headwinds from multiple angles. Although Mike Coupe, Asda’s CEO was taped on camera… Read More ›
Japan has begun importing Iranian crude
Japan forms part of a list of countries that have been exempted from U.S. economic sanctions on Iran. Countries on this exemption list are allowed to import Iranian oil for another 180 days. On Monday, the governor of Iran’s central… Read More ›
Investor Resolution Urging Amazon To Stop Selling Facial-Recognition Tech To The Government
Amazon is being urged by its investors to stop selling its facial-recognition software to government agencies because of concerns among them that such technology can be used to trample rights of people. A group of Amazon shareholders brought together a… Read More ›
Banning Huawei From 5G Network Construction Being Considered In Germany
If media reports are to be believes, Huawei could soon be banned from another Western market of significance – Germany. Recent reports state that the government in Germany is considering methods that it can use to prevent the Chinese tech… Read More ›
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