The Scottish proposal will add to the geopolitical dynamics and carries the pregnant ideas of independence for Northern Ireland as well as for the Republic of Ireland from the United Kingdom. With British Prime Minister taking a hardline on Brexit,… Read More ›
Regulations & Legal
No evidence of product safety found in Tesla Model S – U.S. Regulators
In September 2016, Tesla upgraded its Autopilot system, and added new limits on hands-off driving and other features which Elon Musk said would most likely have prevented the accident. In a significant development, U.S. auto safety regulators have disclosed that… Read More ›
Viacom’s Paramount Pictures signs a $1 billion deal with Huahua Media and Shanghai Film Group
Through these partnerships, Chinese companies are getting two birds with one stone: while on one hand they are quickly learning the tricks of the trade of great film making, these investments also make business sense in terms of return on… Read More ›
Apple and Amazon scrap their exclusive agreement for the sale and distro of audio books
The deal had earlier prompted lodging of a complaint by the German Publishers and Booksellers Association to the European Commission and the German Federal Cartel Office thus triggering an investigation by the German Enforcer. Both regulators have now welcomed the… Read More ›
VR Allegations Dismissed by Mark Zukerberg
Seemingly apparently unfazed by accusations his company stole innovative virtual reality technology, Facebook founder Mark Zuckerberg appeared in court – all suited and booted. Apart from confirming that Facebook’s deal to buy VR company Oculus was even more expensive than… Read More ›
Britain’s “Hard Brexit” strategy could trigger independence of Scotland, Northern Ireland and the Republic of Ireland
Hammering out a swift trade deal with the U.S. promises to be the easy part, Brexit negotiations and dealing with its geopolitical fallout is likely to pose significant challenges to the United Kingdom. Britain’s Prime Minister, Theresa May has finally… Read More ›
Blockchain technology could provide a saving of $12 billion a year – Accenture
Accenture’s report is based on concrete estimates based on the analysis of actual cost data from 8 of the world’s 10 biggest banks. Going by a report prepared by Accenture, the world’s biggest investment banks could trim their infrastructure costs… Read More ›
U.S. eyeing Britain’s market with a quick deal after Brexit
After Brexit with a disconnected Britain peering for a major trading partner, Donald Trump aims to fill that void with U.S. manufactured goods. U.S. President-elect Donald Trump has shot off yet salvo, saying ultimately Brexit will turn out to be… Read More ›
Essilor’s 46 billion euro merger with Luxottica creates ripples in the global eyewear market
The combined company will be headquartered in Paris and will be listed in the Paris Stock Exchange. As per two sources familiar with the knowledge at hand, France’s Essilor and Italy’s Luxottica have agreed to combine forces in order to… Read More ›
Allianz scouring Europe and U.S. insurance market for potential takeovers
Potential European targets include Swiss insurance giant Zurich. German news daily, Sueddeutsche Zeitung has reported that insurance giant, Allianz is scouring the U.S. market for potential takeovers of big companies. “Only a big takeover would help us. Buying smaller companies… Read More ›