Privacy advocates and conscientious citizens are advised to provide comments “on whether a codified no-blocking rule is needed to protect such freedoms.” On Thursday, FCC Chairman Ajit Pai released a 58-page draft document that details the reversal of the landmark… Read More ›
Regulations & Legal
Boeing petitions U.S. government to launch anti-dumping probe against Bombardier
The move underscores the ferocity of the competition in the booming airlines industry. On Thursday, Boeing asked the U.S. Commerce Department to investigate into alleged unfair pricing and subsidies received by Canadian airplane manufacturer Bombardier, thus adding to the growing… Read More ›
Transitory regulatory framework required: ABPI
The British industry is hoping to closely coordinate and work with the European agencies to retain their edge. However unless they can work up a miracle and secure passporting rights, access to the bloc’s single market will be elusive. Pharmaceutical… Read More ›
Trump Administration launches probe into dumping of cheap aluminum imports citing national security concerns
The probe has the potential to impact China’s economy. No wonder they are concerned at the development. In a significant development with broad implications, the U.S. Commerce Department has launched an investigation to determine whether China and other countries are… Read More ›
Exxon fined $19.95 million for Texas refinery pollution
Exxon is mulling its legal options. U.S. District Court Judge David Hittner has ruled that ExxonMobil Corp will have to pay $19.95 million as a penalty for pollution released from its Baytown, Texas, refining and chemical plant complexes between 2005… Read More ›
One of Europe’s strongest economies still prefer the safety of cash
While many European, American and Australian respondents of the Ipsos survey conducted on behalf of ING bank website eZonomics prefer going cashless, the survey shows that Germany has recognised the dangers of slipping into a cashless society, despite its lucrative… Read More ›
Toshiba considering second-tier accounting firms as it auditor, to replace PwC Arata
Within less than a year Toshiba has had a turnover of 2 auditors. Japan’s business daily, the Nikkei has reported that Toshiba Corp will be replacing its auditor PriceWaterhouseCoopers (PwC) Arata. The development comes in the wake of Toshiba struggling… Read More ›
The Trump administration likely to protect semiconductor, ship building and aluminum industries citing national security concerns
The Trump administration is leaving no stone unturned to ensure that American business interests are protected from those trying to exploit loopholes and weaknesses in existing treaties. Wilbur Ross, the U.S. Commerce Secretary has told the Wall Street Journal that… Read More ›
Cybercrimes raises its ugly head in Germany
In 2016 German law enforcement agencies have filed 253,290 cases related to cybercrimes. As per a German newspaper, Germany’s law enforcement agencies in 2016 had registered 82,649 cases of espionage, computer fraud and other cybercrimes in 2016, an increase of… Read More ›
FCC moves quickly to replace net neutrality rules
A consortium of internet giants, including Alphabet, Amazon, Facebook and others have made it lucidly clear to the FCC that “the internet industry is uniform in its belief that net neutrality preserves the consumer experience, competition, and innovation online”. In… Read More ›