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 ›
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 ›
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 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 ›
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 ›
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 ›
According to a study conducted by data firm Chainalysis, during 2018, bitcoin was used as a mode of payment on the darknet market sites in double the amount that it was used a year earlier. The darknet is a place… Read More ›
Amazon.com has asked British businesses that use its platform for trading to initiate measures so that they would be able to continue trading on the e-commerce platform to the customers in the European Union in the case of a no… Read More ›
The United States saw “modest to moderate” economic growth from December to January even though the corporate turned out to be less optimistic because of multiple downside risks, said the U.S. Federal Reserve. The economic reports from 12 federal reserve… Read More ›
Despite getting the backing of the German and the French government, the deal hangs in the balance on concerns from anti-trust regulators that it could stifle competition in the rail sector. As per sources familiar with the matter at hand,… Read More ›
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