One of the burrs that needs to be ironed out is Lower Saxony’s influence: not only is the state VW’s second biggest shareholder it is also its home state; Brexit related scenarios are also likely to add to the existing… Read More ›
Regulations & Legal
Mario Draghi, ECB’s president, hints at possible interest rate hike in future
ECB’s decision to extend its bond buying program up to Sept. 2018 is strategic. On Friday, Mario Draghi, the president of the European Central Bank, stated the central bank’s decision to extend its bond-buying program upto September 2018 is central… Read More ›
Mattel has rejected Hasbro’s new takeover bid: Sources
The traditional toy industry is facing a struggle for surival. Facing fierce competition from online stores and with children’s preference moving to electronic toys over traditional ones, the toy industry will have to diversify and expand if it has to… Read More ›
Appeal process for Uber could take years: London Mayor Sadiq Khan
Uber can continue to operate in London until this due process of law is expired. On Thursday, London Mayor Sadiq Khan stated Uber’s appeal against London’s transport regulator ban could go on for years. In September, Transport for London stripped… Read More ›
News Report States Facebook And Google To Face Tax Bills By Israel
Adding to the attempts by a number of countries that include the European Union, in internet companies Google and Facebook are most probably going to be slapped with tax bills within a year by Israel which is planning and preparing… Read More ›
Airbus likely to land orders for 400 jets from Indigo Partners: Sources
Bill Franke, owner of Phoenix-based Indigo Partners, and Airbus’ John Leahy are likely to be the star of the Dubai Airshow. Bill Franke, a veteran investor in the airlines sector, is set to place a historic $40 billion order for… Read More ›
Australia to enact law to safeguard its institutions against foreign influences
China has been accused, although it has promptly denied, of trying to influence Australia’s political system and systemic government institutions. On Tuesday, Australia said it plans on introducing reforms, by the end of this year, to combat covert political influence… Read More ›
Bitcoins thrives on anonymity: Larry Fink
Here are potential reasons why the bitcoin is facing headwinds in its efforts to join as a mainstream currency, despite its underlying technological strength. While shedding light on why bitcoin is facing headwinds on joining the mainstream, BlackRock’s Chief Executive,… Read More ›
Mexico preparing contingency plans if Trump exits NAFTA
The IMF has suggested that Mexico should go ahead with structural economic reforms, including diversifying its economy. Currently 80% of Mexican exports are shipped to the U.S. A Macro-economic response that reassures investors appear to be Mexico’s best bet out… Read More ›
SoftBank weighing its options for investing in Uber
Given Masayoshi Son’s vision of a future driven by AI and interconnected vehicles and its spread of investments in ride hailing and ride sharing companies in major markets of the world, including in India’s Ola and China’s Didi, and given… Read More ›