Trump’s move has divided corporate America. Following U.S. President Donald Trump’s decision to withdraw the United States from the landmark 2015 Paris Agreement, Tesla Inc’s Chief Executive Officer, Elon Musk and Walt Disney Co’s CEO Robert Iger stated they would… Read More ›
Regulations & Legal
U.S. withdrawal from 2015 Paris Agreement will hurt U.S. jobs and its economy: U.S blue chip companies
Many U.S. companies, including those from the oil industry, see the step as regressive. American companies seem to disagree with U.S. President Donald Trump’s decision to withdraw from the landmark Paris climate accord, which can stave off an economic crisis… Read More ›
EU Says Removal Of Online Hate Speech Enhanced By Social Media Firms
In response to pressure from the European Union to do more to tackle the issue, both the speed and number of removals of hate speech on their platforms have been sped up by social media companies like Facebook, Twitter and… Read More ›
Trump tightens visa rules to curb extremists entering the U.S.
State Department officials have stated the new visa rules will kick in mostly when applicants become a person of interest. In what could amount to proactive action, the Trump administration is asking U.S. visa applicants worldwide to provide biographical information… Read More ›
Inflows into “green” mutual funds reflect growing investor optimism in renewable energy
The support for renewable energy in the Trump Administration is bipartisan. U.S. President Donald Trump’s winning last year’s U.S. elections had largely resulted in investors pulling out nearly $68 million from “green” mutual funds, reflecting the belief that his pro-coal… Read More ›
Uber fires its self-driving tech chief – Anthony Levandowski
In a strategic legal move, by firing Anthony Levandowski from Uber Technologies, the company is aiming to protect itself from Waymo’s lawsuit which revolves arounds Levandowski illegally downloading 14,000 documents, Waymo’s trade secrets, before he left his job at Waymo…. Read More ›
Toshiba retains traction: AGM to be held on June 28
With the AGM under its belt, the doubts surrounding the company are likely to be cleared. Toshiba Corp has stated it would hold its AGM on June 28 and discuss the status of the auditing process, its earnings outlook and… Read More ›
In Money Laundering Probe Of Malaysian Development Fund, Singapore Slaps Fines On Credit Suisse And UOB
For breaches relating to the scandal-hit Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB), Singapore’s central bank has fined Credit Suisse and United Overseas Bank (UOB), it said in a statement on Tuesday. A 700,000 Singapore dollars ($505,000) fine on Credit Suisse and a 900,000 Singapore… Read More ›
U.S. – South Korea conduct joint air drill to avert war with North Korea
The joint drill, a stark warning to North Korea, is pregnant with economic consequences for North Korea’s immediate neighbours. In what is likely to be a veiled warning to its warring neighbor, On Tuesday, South Korea disclosed that it had… Read More ›
The UK is at an economic crossroad with Britons deciding which path it will take on June 8
The surprise revelations of her tax strategy vis-à-vis the elderly in Britain is telling. It is better for Britons to know all of her Trojan Horse revelations before the polls then after. In an interesting turn of events, British voters… Read More ›