With evolving times, the newspaper industry is facing severe headwinds against the digital print industry, and the sale is largely reflective of that struggle. As per a source familiar with the matter at hand, Tronc Inc, owner of Los Angeles… Read More ›
Calling on regulators to learn from Monday’s market turmoil, the world’s largest asset manager, asked that they be labeled differently from plain-vanilla ETFs such that investor can better associate risks pertaining to them. Following Monday’s steep decline in financial instruments… Read More ›
The move would have profound implications for Britain’s economy and could potentially trigger customs check at EU borders, including the one between Northern Ireland and the Republic of Ireland. The move is also likely to rid Britain from EU’s single… Read More ›
Rising worries among investors that the price of bitcoin was being manipulated in a major exchange and concerns about stricter regulatory frameworks resulted in investors losing confidence in the virtual currency and consequently more than $100 billion was struck off… Read More ›
A new red line was set for U.K> Prime Minister Theresa May and the negotiations with the European Union as well as within her own party by British Trade Secretary Liam Fox after he said after Britain leaves the EU,… Read More ›
Yoshida, was the brains behind many of Sony’s strategic decisions, including its decision to focus on image sensors and smartphones, which have won over investors. On Friday, Sony Corp stated Kenichiro Yoshida, its Chief Financial Officer, will replace Kazuo Hirai… Read More ›
The $70 million penalty is for attempted manipulation of the USD ISDAFIX from January 2007 to May 2012. The U.S. Commodity Futures Trading Commission stated that it has ordered a filing and settling charges against Deutsche Bank Securities Inc, a… Read More ›
Russian stocks have largely shrugged off the risks of new U.S. sanctions which center around this list. On Tuesday, Kremlin’s spokesman Dmitry Peskov stated that with Washington choosing to place people close to the Kremlin as part of an ‘oligarchy… Read More ›
With consumers preferring cameraphones rather than compact cameras, Canon has diversified its products to cater to corporates clients; its operating profits have surged to record levels. On Tuesday, Canon Inc stated, it expects its operating profit to rise by 27%… Read More ›
The move underscores SAP core strategy of leaning on cloud-based solutions to drive up its margins and revenues. On the sidelines of SAP, Europe’s top tech company, posting results that were on the lower side of market expectations, the firm’s… Read More ›
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