Following the news that there can be a possible ban on trading of cryptocurrencies in South Korea, there was a major fall in the value of all of the major virtual coins including bitcoin, ripple and etehreum on Thursday. According… Read More ›
Regulations & Legal
Sherpa and ActionAid-Peuples drag Samsung Electronics to court over deceptive marketing practices in France
The complaint comes in the wake of France adopting a law which states that MNCs that sell their products in the country must respect the human rights of its employees as well as their work environment. On Thursday, two rights… Read More ›
South Korea planning to ban cryptocurrency exchanges in the country
The move has widespread geo-political and geo-economic implications, including for its neighbor North Korea which is increasingly banking on such currencies to flush its economy with cash. On Thursday, South Korea’s Justice Minister disclosed that it is preparing a law… Read More ›
Italy and Iran set to sign investment accord on Thursday
Clamped down by U.S. led economic sanctions, Iran remains an untapped and politically volatile market. Iran and Italy are set to sign a framework for credit agreement worth 5.0 billion euros on Thursday which will facilitate investments by Italian companies… Read More ›
China to place an order for 184 A320 narrow-body jets from Airbus: French President Emmanuel Macron
Although a formal deal is yet to be signed, Chinese President Xi Jinping has confirmed the placement of the order. On Wednesday, French President Emmanuel Macron disclosed that the purchase of 184 A320 narrow-body jets from Airbus by China is… Read More ›
Trian Fund Management will collaborate with management: Nelson Peltz
Billionaire investor Nelson Peltz on U.S. activist investors, conflict of interest at proxy advisory firms, U.S. tax reforms. Nelson Peltz, the billionaire investor has a message for CEOs in America – you do not have to fear for your jobs… Read More ›
Bayer AG and Johnson & Johnson get court reprieve in $27.8 million lawsuit
The verdict piles on top of 3 previous verdicts which have acquitted the drugmakers in lawsuits related to the drug Xarelto. The ruling could add as a precedent to the 21,400 lawsuits that J&J is facing in federal and state… Read More ›
Altice NV to spinoff US business, simplify operations
Analysts view the move as largely benefiting the conglomerate since it essentially assigns economic values to two distinct business verticals, de-linking its European operations with that of its U.S. business and at the same time boost liquidity. In a strategic… Read More ›
Chances of a coalition government led by Angela Merkel increases in Germany
While Merkel’s conservative party has come to an understanding with the SPD on tax related matters. The lack of a government in Germany, despite an election in September 2017, has weighed on Europe’s largest economy. On Monday, a source disclosed… Read More ›
Sugar Tax In UK Forces Coca-Cola To Make Bottles Smaller And Prices Higher
There is increasing fear among consumers in Scotland that its national soft drink – Irn-Bru would be ruined by a new lower sugar version, resulting in a backlash from consumers. And amidst such an environment, Coca Cola is planning to… Read More ›
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