Oppositions to Barry Myers’ nomination stem from the fact that in 2005, AccuWeather working with then-Senator Rick Santorum had backed, unsuccessfully, a proposal that would have limited dissemination of National Weather Service forecasts on websites. If it would have gone… Read More ›
Regulations & Legal
Trump Administration proposes John Rood as the undersecretary of defense for policy
His past experience includes working as an analyst in the CIA for 11 years tracking missiles programs in foreign countries. The White House has disclosed President Donald Trump plans on naming a senior executive from Lockheed Martin Corp as the… Read More ›
NAFTA and its implications for U.S. & Mexican businesses
Here’s how the Trump Administration protectionism could impact the North American economy as a whole. Here’s how protectionism is relevant in an increasingly inter-connected world economy. According to Business leaders attending the U.S. – Mexico CEO conference whose agenda focuses… Read More ›
Compliance on Intellectual Property remains a sticky issue with China
Theft of intellectual property has been a touchy issue with Beijing: with allegations that it forces companies to hand over intellectual property as a price of doing business in the country to outright theft of software and ideas from U.S…. Read More ›
The prospects of a currency swap deal between China and South Korea appear to be “optimistic”
The $56 billion swap deal is South Korea’s largest ever currency swap deal, accounting for nearly 45% of its swap arrangements. The deal is likely to cement economic ties and act as an additional layer of a safety net. A… Read More ›
Brazil seeks to impose exemplary fine of $12.7 billion on Andrade Gutierrez SA
The construction and engineering conglomerate is being probed by Brazilian authorities into alleged payoffs to politicians and government officials by the company to win government contracts, including for Petroleo Brasileiro SA. Brazilian daily, O Globo has reported citing calculations from… Read More ›
Boeing had financed Britain’s Monarch Airlines in 2016: Financial Times
The funds were channeled through Monarch’s offshore holding company, Petrol Jersey in several tranches. On Monday, as per a report by the Financial Times, Boeing Co had sunk in $130 million (100 million pounds) into Britain’s now collapsed Monarch Airlines…. Read More ›
Honeywell International considers spinning off its non-core assets as part of streamlining its business
As per sources, the Honeywell is mulling the creation of at least two new public limited companies as a result of the spin-off, one of which could include its aerospace business. GE is also in the process of spinning-off or… Read More ›
Exiled Chinese Billionaire Warns Of Spy Infiltration In US As His Home Country Seeks His Arrest
Warnings of a wave of Chinese spies being dispatched to the United States in recent months were issued by a controversial Chinese billionaire in self-imposed exile who also added that the a small clique of corrupt “kleptocrats” running China, while blasted… Read More ›
Elliott Management stalled at its acquisition of Gigamon
Having acquired a stake of 15.4%, Elliott Management’s bid for Gigamon has currently stalled due to its offer price being below Gigamon’s currently traded share price of $43.55. As per sources familiar with the matter at hand, Elliott Management’s attempt… Read More ›