Even after 11 months of investigation by half a dozen of the world’s investigative agencies, no suspect has been arrested in a case that has highlighted vulnerabilities in SWIFT. According to Mohammad Shah Alam, a deputy inspector with the Bangladesh… Read More ›
After the report of a small bomb explosion, it wasn’t a mistake to tell people in Bangkok to mark themselves as safe, Facebook Inc. said. How much more common the social network’s “safety check” alerts are going to become is… Read More ›
Takata’s inflator for airbags affect 42 million vehicles in the U.S. alone. This will make it the largest ever recall in U.S. history. Japanese airbag manufacturer Takata whose defective air bags have been linked to 11 deaths in the United… Read More ›
Increased competition and its focus on brick-and-mortar stores instead of online shopping models could be some of the reasons for its lackluster performance. Its underpriced shares have attracted sharks, with hedge funds stating that it could make a good acquisition…. Read More ›
Without this divesture, there is likely to be reduced competition among vaccine manufacturers in the U.S. and EU. The divesture is key to their $13.5 billion deal. So as to streamline Boehringer Ingelheim acquisition of Sanofi, the German pharmaceutical maker… Read More ›
The popular models have had to face the brunt of investigations in the past. Now investigators are probing potential braking issues with these models. U.S. safety regulators have begun investigating Ford Motor’s Mercury Milan and Fusion sedans made from 2007… Read More ›
Qualcomm’s business model under legal scrutiny from regulators across the globe. In a significant development, South Korea’s antitrust regulator have fined Qualcomm $854 million for unfair business practices related to its patent licensing and modem chip sales. This is the… Read More ›
Odebrecht is facing a ban in winning future contracts in Panama unless it cooperates with Panamian authorities. With Brazil’s Odebrecht having admitted to bribing officials in Panama and other countries to snag government contracts, Panama has stated it will now… Read More ›
The move has been initiated by Volkswagen voluntarily. Volkswagen has decided to recall 4,481 Jetta and Golf cars in Russia to mitigate a possible fault in them. Rosstandart, Russia’s standards agency has stated that Volkswagen has voluntarily recalled the affected… Read More ›
Following the partial lifting of U.S. led sanctions, Iran presents itself as a huge economic opportunity. While Boeing’s deal has been made possible by outgoing U.S. President Barrack Obama, President-elect Donald Trump is a huge critic of the U.S-Iran nuclear… Read More ›
