The fire power of Republican attorney generals could protect Exxon Mobil against probing questions of whether it willfully violated consumer protection laws. As per a filing in the U.S. District Court in Manhattan, a group of eleven state attorneys general… Read More ›
Regulations & Legal
U.S. Federal Reserve fines Deutsche Bank $156.6 million for violating forex rules
Transcript of traders communicating in online chat rooms, which had led Deutsche Bank to settle in an earlier probe by Brazil’s antitrust watchdog Cade in December, show that banks had worked together to manipulate forex rates. The U.S. Federal Reserve… Read More ›
Trump pulls up China over cheap steel import
The Trump administration has taken China to task for its strategy of dumping cheap imports, in this case steel, into other countries as a policy. Citing national security concerns, U.S. President Donald Trump has launched a probe against exporters of… Read More ›
Companies Plot Their Plan B As Uncertainty Looms over French Presidential Elections
Amid the growing prospect that Marine Le Pen or Jean-Luc Melenchon could win the presidency on platforms of raising trade barriers and potentially exiting the euro currency bloc, French companies are stealthily preparing for the worst. In the case of a… Read More ›
Brexit is more than just what meets the eye
Here are the views of EU’s foreign policy chief on Brexit during her visit to Beijing. Federica Mogherini, the European Union’s foreign policy chief, has stated that Britain is set to lose more than just its membership in the EU… Read More ›
Jeremy Corbyn to take on UK’s ‘cosy cartel’ which protects the weathy
“These rules have created a cosy cartel which rigs the system in favor of a few powerful and wealthy individuals and corporations… But things can, and they will, change.” – Jeremy Corbyn Jeremy Corbyn, Britain’s opposition leader has vowed to… Read More ›
General Motors may have to write off its investments in Venezuela
General Motor’s factories in Venezuela have been seized by the government. Crisis laden leftist-ruled Venezuela has seized a plant belonging to General Motors. The American company stated that Venezuelan authorities had illegally seized its plant in the industrial hub of… Read More ›
Products Tested On Animals Are Being Sold By Big Cosmetic Firms In China
The Chinese government mandate of animal testing for imported cosmetics and skincare products made entrepreneur Phoebe Song stop cold after she had launched her organic, vegan skincare line that she had planned to sell around the world, including in China, the… Read More ›
Scotland could rewrite the UK’s history
If Scotland’s SNP party, headed by Nicola Sturgeon wins the UK’s June 8 general elections, it could potentially ensure Scotland’s stay in the EU. Nicola Sturgeon, Scotland’s First Minister has asked Scottish voters to vote for her Scottish National Party… Read More ›
Baidu joins the race for tomorrow’s self-driving cars
It has appointed Qi Lu, a former executive at Microsoft Corp as its chief operating officer. China’s Baidu Inc has disclosed it will be launching its self-driving car technology designed for a restricted environment later this year in July. It… Read More ›