Theresa May sees a friend in Polish Prime Minister Beata Szydlo since Poland too has called for reforms within the EU; Poland has ~830,000 citizens living in in Britain who have been harassed following Britain’s historic vote. British Prime Minister… Read More ›
Regulations & Legal
Parliamentary approval must for Brexit – British think-tank
The British government has gone on appeal on a London High court ruling which stated that parliamentary approval will have to be required before she triggers Article 50 of the Lisbon Treaty. In what can be stated to be the… Read More ›
Samsung Group to decide today whether it will split into two
The proposal had been put forward by Hedge fund activist Elliot Management. Seoul Economic Daily has reported today citing a source that Samsung Electronics will consider splitting into two, as suggested by U.S. activist hedge fund Elliott Management. A split… Read More ›
Johnson & Johnson approaches Actelion for a takeover
Of late Johnson & Johnson has been very active in the M&A sector. A significant portion of its earnings have been derived from acquired products. Bloomberg has reported citing sources familiar with the matter at hand, that Johnson & Johnson… Read More ›
EU-US agree on data sharing deal on security and terrorism
6 years in the making, the deal comes in the wake of mass surveillance by the U.S. in 2013. It now grants EU citizens the same rights as those enjoyed by American citizens. Lawmakers from the European Parliament has backed… Read More ›
Trump casts his shadow over the FCC
Donald Trump’s appointments to his tech policy transition team raise questions over the future of the FCC. With Republican President-elect Donald Trump naming two advisers to his tech policy transition team, there is widespread speculation as to what it would… Read More ›
Hackers gain access to data of 134,386 current and former sailors: U.S. Navy
An investigation by the U.S. Navy is in full swing. It wouldn’t be surprising if the findings of the investigation point a finger at the usual suspects. In a major security breach, hackers managed to gain sensitive information, including Social… Read More ›
China’s Ctrip acquires Scotland’s Skyscanner for $1.74 billion
Skyscanner is hugely popular among travelers and has an active customer base of 60 million users. Scotland-based travel search company Skyscanner Holdings Ltd has agreed to be bought over by China’s biggest online travel company, Ctrip.com International Ltd. Ctrip has… Read More ›
Airbus granted 2nd license for sale of 100 civilian aircrafts to Iran
While Republican President-elect Donald Trump equation with Iran is well known, the move to disallow and cancel such sale would draw heat from U.S. partners who were party to the nuclear agreement. Furthermore, if the move to cancel the agreement… Read More ›
Toyota recalls 838,000 Sienna minivans
They have an issue with their sliding doors. Toyota Motor Corp has disclosed that it would be recalling 838,000 Sienna minivans in order to fix an issue with its sliding doors. As per Toyota’s spokesman, the recall will effect 744,000… Read More ›