For the first time in 20 years, anti-dumping duty and countervailing duty cases against China have been self-initiated by the U.S. Commerce department which has used its discretionary powers to do so. Imports worth $600 million of common alloy aluminum… Read More ›
Regulations & Legal
Nestle deepens its investments in Cuba, lays foundation for $55 million coffee and biscuit factory
Being Nestle third joint venture, this new factory has the potential to double Nestle current turnover of $135 million in the near term. In a significant development, Nestle laid the foundation stone for a $55 million coffee and biscuits factory… Read More ›
Roark Capital Group acquires Buffalo Wild Wings for $2.4 billion
The development marks the latest purchase of a restaurant, in a streak of acquisitions by privately held firms in this industry. On Tuesday,, following Roark Capital Group’s disclosure that it will be purchasing Buffalo Wild Wings Inc for $2.4 billion,… Read More ›
Investors increasingly gravitating towards crypto-currencies
Although the issuance of initial coin offerings (ICO) have under regulatory scrutiny in the U.S, investors are expertly straddling borders with ease and are flocking to offshore destinations to raise millions in a matter of minutes. Interestingly, investors who are… Read More ›
Britain wants to see sustainable tech companies grow
The Nobel Sustainable Trust along with Sustainable Technology Investors Ltd (STIL) have created a venture fund aiming to tap this new source of funding, which, in turn, is aimed at fighting the effects of climate change. Whoever said green technology… Read More ›
Japanese Prime Minister Shinzo Abe to beef up economy after election win
The Japanese government is set to pump in more funds into its economy. Its best to read this report in the context of Trump’s America first policy and U.S.-Japan trade. As per sources within the Japanese government, in the wake… Read More ›
Brexit talks set to enter crucial phase on physical border between Ireland and Northern Ireland
Any kind of disturbance or instability could potentially muddy the waters of Brexit negotiations which are set to enter a critical phase. Pushing for increased stability, Simon Coveney, Ireland’s Foreign Minister, underscored the fact that the country does not need… Read More ›
Dec 4 meeting of Jean Claude Junker with British Prime Minister Theresa May likely to set the pace & tone for further negotiations
With Theresa May’s eroding leadership back home, she is hard pressed to portray that enough ground has been covered to label them as sufficient progress. The Brexit negotiations, one of the most complex since WW2, will determine Britain’s economic future…. Read More ›
Saudi Arabia to buy smart ammunitions worth $7 billion from U.S.
The deal is likely to face strong headwinds in the U.S. Congress stemming from civilian deaths in Saudi Arabia’s campaigns in Yemen. According to sources familiar with the matter at hand, Saudi Arabia has agreed to purchase precision guided munition… Read More ›
Data falsification in Quality Assurance standards engulfs Mitsubishi Materials Corp
The latest QA related scandal revolves around Japan’s Mitsubishi Materials Corp’s O-Ring sealents which impacts the aircraft and aerospace and nuclear industries. In yet another instance of a quality assurance scandal, Japan’s Nikkei financial daily reported, citing multiple sources, that… Read More ›