The move underscores Nestle’s desire to reshape its business to new consumer trends and healthcare as it finds ways to boost returns of investment to shareholders. On Monday, Nestle disclosed it has sold two of its tea brands in North… Read More ›
Regulations & Legal
U.S. taxpayers rush to file their tax returns before December 31, 2017
With the Republican-led U.S. tax overhaul slated to successfully pass through the U.S. Congress by this week, taxpayers and accountants are working overtime to optimize the impact of the revised U.S. tax code on their tax profile. With the Republican… Read More ›
Trump’s new national security strategy identifies China as its main competitor
China’s trade practices, especially its over production and dumping policy, which has increasingly drawn flak across major economies including the EU, India and U.S., is likely to face further hurdles and heightened scrutiny. On Monday, with U.S. President Donald Trump… Read More ›
Net Neutrality Rules In The U.S. Repealed By The F.C.C.
American’s online experiences would potentially be reshaped by the powers that have now been granted by the Federal Communications Commission to broadband companies by the removal of regulations that define the internet businesses – known better as net neutrality. The… Read More ›
Initial Coin Offerings Can Be Illegal, Warns U.S.’S SEC
U.S. federal securities law may potentially be violated by trading and the public offerings of cryptocurrencies, warned the chairman of the U.S. Securities and Exchange Commission (SEC) and added that the it would be potentially dangerous to put money into… Read More ›
Walt Disney acquires 21st Century Fox Inc for $52.4 billion
The deal, representing on the biggest in the movie and television industry in recent years, should be seen in the context of viewers migrating to technology companies such as Amazon.com and Netflix for their on-demand, anywhere, anytime access features. No… Read More ›
U.S. moves to protect Taiwan, brushes off Chinese protest
The development underscores U.S. efforts at bolstering Taiwan’s independence and securing its economy, the 7th largest in Asia, from Beijing, which has laid claims on the island as its own. Given the geopolitical scenario in the Korean peninsula, the development… Read More ›
Airbus is considering limiting the A380 program to just 6 a year
Ongoing negotiations with Saudi Arabia’s Emirates carrier, which is likely to place an order for 36 A380s, is likely to play a significant role in the future of the A380. A top executive from Airbus SE disclosed the airplane maker… Read More ›
Delegation from Russia’s defense minitry lands in Pyongyang
Having demonstrated its military prowess by largely wiping out the foes of Syrian President Bashar al-Assad and with the U.S. tasting limited success in its aims to engage North Korea’s leadership, Russia is once again flexing its diplomacy-backed military muscles… Read More ›
France’s Unibail-Rodamco acquires Australia’s Westfield Corp for $24.7 billion, including debt
The combined company has properties strategically located in 27 of the world’s most alluring retail markets. In what is said to be the biggest takeover of an Australian company to date, France’s Unibail-Rodamco has agreed to acquire shopping mall owner… Read More ›