The move has the twin objectives of cushioning Britain in case of a cliff-hanger Brexit as well as provide sufficient room for maneuvering to British lawmakers who are yet to hammer out a Brexit deal with the EU. In a… Read More ›
Regulations & Legal
Allegation Of Climate Change ‘Fraud’ Brought Against Exxon In The US
ExxonMobil has been accused of misleading investors about the risks that are associated with its business and climate change. This emerged after a legal action was taken by the state of New York against the oil major. It has been… Read More ›
New York sues Exxon Mobil Corp for misleading investors on the risks posed by climate change
Cities across the U.S. as well as countries are suing oil companies for misleading investors for years on the risks posed by climate change on their businesses. The state of New York has sued Exxon Mobil Corp alleging that it… Read More ›
UK’s Business With Saudi Arabia And Possible Impact Of US Sanctions
A lot apparently is at stake for the United Kingdom – Saudi Arabia relations if the Middle Eastern country has to face sanctions – especially from the United States in relation to its role in the murder of veteran journalist… Read More ›
The Economic Outlook For Asia In The Eyes Of The IMF And World Bank
With the world economy being clouded by dark undercurrents of trade tensions and turmoil in some of the financial markets, one could assume that the recently held annual meetings of the IMF and the World Bank in Bali last week… Read More ›
Following Detaining Of Its Employee, Some China Travel Curbs Placed By UBS
Following the detaining of an employee of the UBS Group in China, restrictions on staff travel to China have been imposed by two large global wealth managers. The incident underscores the challenges that are faced by foreign businesses of doing… Read More ›
China slaps anti-dumping tariffs on hydroiodic acid from Japan and the United States
The tariffs will kick in on October 16, 2018. On Monday, China’s Ministry of Commerce stated, Beijing will slap anti-dumping tariffs on the imports of hydroiodic acid from Japan and the United States. The tariffs, will go into effect from… Read More ›
Eddie Lampert, Sears Holdings Corp’s CEO steps in for bankruptcy financing
Eddie Lampert, Sears Holdings Corp’s largest shareholder and lender, is hoping to use the proceedings to help Sears tide over liquidation ahead of the crucial holiday shopping season. According to sources familiar with the matter at hand, Eddie Lampert, Sears… Read More ›
No-deal Brexit most likely outcome: Ashley Fox
Ashley Fox on Brexit and why the ‘No-Deal’ scenario is the most likely outcome. As per a report by The Observer which cites a leaked e-mail, the head of the Northern Irish party whose support is instrumental to British Prime… Read More ›
USMCA does not impact bilateral agreement: Mexican Foreign Minister Luis Videgaray
Although U.S. Commerce Secretary Wilbur Ross had termed a provision of the USMCA as a “poison pill”, Mexico and China have agreed to interpret it differently: they have emphasized that it does not impact bilateral trade relations between countries that… Read More ›
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