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 ›
Regulations & Legal
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 ›
CRC set to buy Banca Carige’s consumer credit business
Banca Carige has to decide the matter by tomorrow and close the sale by December 6. On Wednesday, as per a source familiar with the matter at hand, Christofferson Robb & Company (CRC), a U.S. hedge fund, has presented an… Read More ›
The International Trade Commission recommends imposing steep import duties on LG and Samsung washing machines
The development is likely to trigger more investment from the duo, in the form of opening factories in the state, which is likely to create more jobs and funnel in more investment, as a way to mitigate this order. … Read More ›
Broadcom intends to make significant changes in Qualcomm’s patent licensing system
Qualcomm’s patent licensing system is the root cause of much dispute. By targeting changes in it, Broadcom can win over antitrust regulators and Apple. In a development pregnant with possibilities, a source familiar with the matter at hand has stated,… Read More ›
Italy’s Enel plans strategic shift to more mature markets
The utility giant is eyeing the expansion of its footprint in the U.S., Spain and Italy. In a development that underscores Italy’s biggest utility Enel pushing strategically to make its network more digital, the firm has disclosed that it plans… Read More ›
Not much progress expected during fifth round of NAFTA talks
Despite the general lack of progress, the 2018 Mexican election promises to instill some fire into the negotiations. On Tuesday, negotiators from Canada, Mexico and the U.S., completed their fifth round of negotiations aimed at reworking the North American Free… Read More ›
Gig Economy Crackdown Called For Afresh In UK
British MPs are of the view that workers are being left worse off as the loopholes in employment law are being exploited by firms in the “gig economy”. Two Commons committees say that an “unacceptable burden” of having to prove… Read More ›
Collapse of 3-way negotiations in Germany will have widespread economic consequences for Europe
With major issues facing Germany and the European Union at this critical juncture in history, it is critical that Germany maintains a stable economic outlook. On Monday, German Chancellor Angela Merkel stated, her efforts at forming a three-way coalition has… Read More ›