With Comcast’s bid winning the auction, a rare event, the U.S. Cable-TV giant now enjoys the spoils of owning Europe’s biggest pay-TV group. Early trade on Monday saw shares of Sky jump by 9% to 17.22, slightly below the 17.28… Read More ›
Regulations & Legal
All options on the table, including second Brexit referendum: Jeremy Corbyn
Britain’s Brexit negotiations promises to reach charismatic climax typically seen in the Mission Impossible series of movies. BBC’s political editor, Laura Kuenssberg’s tweet states, the Labour Party wants all options on the table. Apart from the obvious political impact, the… Read More ›
China to publish white paper on trade war with U.S.
Xinhua’s report has not provided any details other than the the time the report is set to be published and that it will include “facts and China’s position”. On Monday, China’s official Xinhua news agency reported that Beijing’s state council… Read More ›
British PM Essentially Rejects EU Brexit Proposals Following EU Meeting in Salzburg
British Prime Minister Theresa May clearly refused any proposal by the European Union which would effectively translate into creating a North Ireland border which would make it a part of the EU rules and regulations The proposal by the EU… Read More ›
India – The Next Big Battle Ground For Walmart And Amazon
Billions were spent by the US based global retailing giant Walmart to set foot in the Indian retailing market with acquisition of the largest Indian retailer Flipkart earlier this year which pit it directly against largest e-retailer in the world… Read More ›
Up To 10% Employee Reduction Planned By Wells Fargo
More than 26,000 employees at the loss making US bank Wells Fargo could be impacted by a restructuring plan that is being deliberated by it according to reports. The major focus of the re\structuring effort is implementing a steep cut… Read More ›
Argentine Economic Crisis Results In Contraction Of Its Economy In 2nd Quarter
Argentina noted a very significant contraction in the second quarter in its gross domestic product following huge losses to its agriculture sector because of a severe and long lasting drought this year. The situation was so severe that the country… Read More ›
Report Says New Petrol And Diesel Car Sales In EU Should End By 2030 To Meet Climate Goals
According to a new analysis on global warming and climate change, for the global auto sector to play a vital role on the issue of global warming and keeping the rise in global temperature at the Paris agreement’s 1.5C goal,… Read More ›
British carmaker Aston Martin preparing for October IPO worth $6.7 billion
According to Aston’s Martin’s CEO, Andy Palmer, investor interest in the IPO is high. The IPO will mark the 1st time a British carmaker has tapped the primary market in decades. On Thursday, British luxury carmaker Aston Martin stated, it… Read More ›
Volkswagen to pull out of Iran: Bloomberg
The development will further weaken foreign investment in Iran. Bloomberg has reported, citing a U.S. official familiar with the matter at hand saying, Volkswagen AG will put an end to the bulk of its operations in Iran. The Trump administration… Read More ›
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