Pakistan has been ordered to halt the execution of a former Indian naval officer by thee International Court of Justice till the final decision is arrived by the court. In a case that has raised tensions between the nuclear-armed South… Read More ›
Regulations & Legal
Fiat Chrysler in trouble over excess diesel emissions
Lawsuits, in the pipeline, will come into play depending on the outcome of ongoing negotiations between the DoJ and FCA. Two sources familiar with the matter at hand have revealed that the U.S. Justice Department plans on filing a civil… Read More ›
Investors getting increasingly trepid on ‘Trump Trade’
The firing of the former FBI Director, James Comey, by U.S. President Donald Trump, has unleashed a wave that is threatening to drown the Trump’s presidency. The resulting economic uncertainties is what the market is worried about. With U.S. President… Read More ›
New accounting standard for insurance companies will usher in a wave transparency in the sector
While end users will benefit, insurers will have to bite the bitter pill of additional costs. With the introduction of uniform international book-keeping standard, details of which are to be published on Thursday, slated to take place from January… Read More ›
Investors and lobbyists are increasingly worried on the Trump’s Administration’s ability to push legislative agendas
This essentially sums up the mood “less drama from the White House”. With U.S. President Donald Trump increasingly getting tangled in scandals and controversies, Republican lawmakers and lobbyists are of the view that the prospects for passing sweeping tax cuts,… Read More ›
Trump extends sanctions relief to Iran under U.S.-Iran nuclear deal
Trump has however sanctioned a Chinese man and three Chinese companies along with two senior Iranian defense officials for supporting Iran’s ballistic missile program. In a move that has caught many by surprise, U.S. President Donald Trump has extended wide… Read More ›
Dave Lesar to head Haliburton Co once Jeff Miller retires on June 1
Lesar will have to bridge low oil prices with demands for increased profitability. Halliburton Co has disclosed that Jeff Miller will be replacing Dave Lesar, its current CEO who is set to retire on June 1. Lesar has been a… Read More ›
Monte Paschi Fraud Case Sees Deutsche Bank Woes Deepening
Accusations that it was running an international criminal organization at the time must be faced by Deutsche Bank AG, on trial in Milan for allegedly helping Banaca Monte dei Siena SpA conceal losses. The circumstances were aggravated to the charges the German… Read More ›
Capitol Hill witnesses a flurry of activities as the Trump Administration prepares to trigger NAFTA renegotiations
Although Commerce Secretary Wilbur Ross prefers bilateral deals with Mexico and Canada, senate participants have disclosed that things are leaning towards trilateral negotiations. Several members of the Senate Finance Committee have disclosed that the Trump administration aims at keeping the… Read More ›
IEX Group’s Investors’ Exchange will compete with NYSE and NASDAQ
The fact that the NYSE has copied some of IEX’s features show IEX’s threat potential. The SEC has given the New York Stock Exchange the green signal for implementing what is known as a speed bump on one of its… Read More ›
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