The challenges that are faced by India in setting right the government funded and debt-ridden airline Air India through sell off became evident after the government did not manage to find a single buyer by the end of the deadline… Read More ›
Regulations & Legal
U.S. introduces bill to force software makers to disclose third party source code reviews
The National Defense Authorization Act aims to limit the basket of vulnerabilities, adversaries of the United States can use to perpetrate cyber attacks on U.S. interests. On Thursday, in a development that has significant strategic ramifications across U.S. industries, a… Read More ›
U.S. regulators propose rewriting and simplification of financial rules
The proposal aims to simplify and ease some of the overreaching aspects of the rule which places undue and excessive burden on financial compliance. With the Federal Reserve, along with other U.S. regulators, proposing to rewriting the “Volcker Rule” that… Read More ›
AirAsia’s Expansion Plans In India Hit By Probe Against Its Boss
Allegations of possible bribery to change local airline policy in India are being investigated by security agencies in India against Tony Fernandes, the chief of AirAsia Group. According to media reports in India quoting an official from the Central Bureau… Read More ›
Washington to impose export control norms on China: White House
The United States will announce details of the export control mechanism later today and the final tariff list expected to be published by June 15. In a stern warning to China, the United States made it lucidly clear, it will… Read More ›
Plastic Cutlery, Straws And More Is Planned To Be Banned In Europe
With the aim of cleaning up the oceans, a ban on single-use plastic items such as cutlery, straws and cotton buds is being proposed by Europe. 10 items have been identified by the European Commission for banning which accounts for… Read More ›
U.S. wants improve market access for its poultry exports to China
The issue is likely to be among the top priorities of U.S. Under Secretary of Agriculture Ted McKinney, who is scheduled to visit Beijing later this week to hold trade talks with his counterpart. According to three sources briefed on… Read More ›
Saudi Products Banned From Being Sold In Qatar
Retailers in Qatar have been asked not to sell any products that come from Saudi Arabia and all of the other countries that had banned Qatar and broken off their relations with it almost a year ago. Accusing Qatar of… Read More ›
Trading suspended in Samsonite’s stock
Samsonite, the world’s biggest luggage maker, has been accused of indulging in questionable accounting practices and poor corporate governance. On Monday, following the accusation of a short seller that Samsonite has been party to poor corporate governance and had engaged… Read More ›
Regulations should facilitate cross-border mergers in Europe: ECB’s Francois Villeroy de Galhau
Reduced regulatory hurdles could spur more growth in the M&A scene in the EU. On Monday, CEB’s Francois Villeroy de Galhau, who is also the Governor of the Bank of France, stated, it is of prime importance that regulatory hurdles… Read More ›
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