Like much of the British car industry, the uncertainty surrounding Brexit negotiations is pushing companies to invest overseas rather than expand production facilities in the country. On Friday, Britain’s Jaguar Land Rover picked China for its first overseas engine plant… Read More ›
Advocacy group, Consumer Watchdog has alleged that Amazon’s deceptive pricing strategy is making the prices of its products look like a bargain. It has asked the FTC to stop Amazon’s acquisition of Whole Foods while its deceptive discount continues. According… Read More ›
The lawsuit states that the underwriters had failed to do their due diligence. A U.S. pension fund has sued Chinese courier ZTO Express and its underwriters alleging that the company has significantly hiked its profit margins to attract investors for… Read More ›
France’s dynamic new president will push its fastest growing fintech sector up the global rankings the sector is optimistic. But even if they have French roots, startups based in London do not yet seem ready to swap that key hub… Read More ›
The former banker has pleaded guilty in aiding U.S. citizens hide their assets in Switzerland, evading U.S. taxes. On Wednesday, a former banker from the Credit Suisse Group AG pleaded guilty to participating in a wide-ranging scheme that was designed… Read More ›
Under pressure to divest, Scripps has held talks with Viacom. This is the third time it is holding merger talks with Discovery Communications. If the deal were to go through it would create a $19 billion cable network company. … Read More ›
The new rule limits the ability of consumers to sue financial companies. This should be read in the context of the Trump Administration trying to repeal the Dodd–Frank Wall Street Reform and Consumer Protection Act. A rule that was years in the making, intended… Read More ›
The plan envisages a repeal of many safe-guard laws whose provisions increase the compliance cost for big businesses. In a first step towards U.S. tax reforms, the U.S. House of Representatives has released budgetary proposals for the fiscal year 2018… Read More ›
As per the U.S. hedge fund, Toshiba’s shares have the potential to touch 400 yen once it manages to overcome its legal battle with Western Digital Corp. In a significant development, U.S. hedge fund Greenlight Capital has disclosed, it has… Read More ›
An attorney for the Electronic Frontier Foundation disclosed that the decision to appeal to the U.S. Supreme Court is open and has yet to be taken. In a ruling that has dealt a blow to privacy advocates, a U.S. federal… Read More ›
