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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
Following the confirmation of talks of a merger by Deutsche Bank and Commerzbank, there were voices of concerns arising out of workers unions, Chancellor Angela Merkel’s office and top shareholders on Monday. A warning from the unions feared job loss… Read More ›
