Theresa May’s majority in parliament could see her plans sail through without being materially affected. The British Prime Minister Theresa May’s plan on sticking to her scheduled withdrawal from the European Union is likely to survive intense parliamentary scrutiny, starting… Read More ›
Regulations & Legal
Britain in dire straits for a deal with the U.S.
Theresa May knows her legacy depends on walking on the middle path: cosying up to Trump will not put her in the good graces of her neighbours; revealing her “Hard Brexit” stance has already pushed her against the wall. Desperate… Read More ›
Tesla’s former head of its Autopilot system caught poaching engineers from Tesla
Sterling Anderson former head of Tesla’s Autopilot system, and Chris Urmson, ex-head of Google’s self-driving program, have launched a startup in Silicon Valley by the name of Aurora Innovation. Tesla has sued the former head of its Autopilot system, which… Read More ›
Police Warning to Hong Kong’s Shoppers after Sixfold Surge in Seizures of Bogus HK$100 Banknotes
The Singapore police force has warned the public to watch out for fakes in the run-up to Lunar New Year after a sixfold surge in seizures of bogus HK$100 banknotes was recorded last year, according to police figures. Police said… Read More ›
UK’s car industry reels under Brexit heat
A clean break with EU’s single market will leave the UK’s car industry high and dry. It is no wonder that car manufacturing companies in the country have lobbied hard against Brexit. Brexit has not only put London’s financial credentials… Read More ›
As Lawmakers Challenge Her Power, U.K.’s May Faces Brexit Revolt
U.K. Prime Minister Theresa May’s talks over leaving the European Union is getting complicated as she is battling a rebellion from her own lawmakers. Demanding that May publishes an official government document detailing her negotiating goals, at least six Conservative… Read More ›
Cisco acquires appmaker AppDynamics for $3.7 billion
Although analysts have stated that the acquisition “appears to be high”, most view the development in positive light since it could boost Cisco’s revenues. With Cisco Systems Inc looking to expand beyond its core networking business, the computing giant announced… Read More ›
To Reduce Cyber Risks, EU Mulls Banking Stress Tests as Attacks Grow
As concerns grow about the industry’s vulnerability to hacking, European Union officials and sources said that the bock is considering testing banks’ defenses against cyber attacks. With criminals finding new ways to target banks beyond trying to illicitly obtain details… Read More ›
Britain must get parliament’s approval for triggering Article 50 – UK’s Supreme Court
While this ruling was expected by analysts and lawmakers, it could complicate if not delay Theresa May’s 12-point plan of focusing on global trade. In a landmark ruling that could set Britain’s tone for Brexit, the UK’s Supreme Court has… Read More ›
Britain’s Supreme Court to decide whether parliamentary nod required to trigger Brexit
Analysts and lawmakers expect the Supreme Court’s ruling to go against the government. British Prime Minister Theresa May will find out today whether she will need the British parliament’s approval to trigger article 50 of the EU-Lisbon treaty. Britain’s Supreme… Read More ›