Yahoo believes that its system which stores debit/credit card and other banking related transactions have not been affected by the hack. It would be prudent for Yahoo account holders to take immediate precautionary measures to safeguard their financial transactions regardless… Read More ›
Regulations & Legal
Uber launches a fleet of self-driving cars in San Francisco
Its cars have a driver and an engineer seated in the front seats of the car, ready to take over whenever the situation so requires. Despite facing a backlash from regulators in the state of San Francisco, Uber Technologies Inc.,… Read More ›
Snap Inc. and Uber technologies to lead IPO wave in U.S. in 2017
Although IPOs in the U.S. fell by more than a third in 2016, compared to 2015, the IPO scene is set to get a boost now that the uncertainty of the presidential elections is over. Fueled by a stronger economic… Read More ›
Britain to trigger Article 50 before March 2017
With Theresa May’s government advancing the date by when she intends on triggering Brexit talks, clearly she has a strategy in mind and is keeping her cards very close to her chest. While her flamboyant Brexit minister generates enough noise… Read More ›
Clarity required on how Britain will access EU’s single bloc market – Bank of England
As per the Deputy Governor of the Bank of England, the lack of clarity on how Theresa May’s government plans on accessing EU’s single market bloc could have serious consequences for Britain’s famed financial district.
VW dismisses EU Lab test results
Although lab tests by the European Commission’s Joint Research Center show that Audi models have spewed out toxic gasses almost double than the permissible limit, VW has trashed the report saying, the tests did not factor in key parameters, including… Read More ›
China flexes economic muscles, reminds Trump of its economic might
Beijing is stating rather bluntly that resetting ties with Taiwan has an economic cost attached. In a tit-for-tat move, Beijing’s China Daily newspaper has quoted a senior state planning official as saying the country will soon slap a penalty on… Read More ›
Google makes in-roads in Cuba
In a move that has geo-economic and geo-political implications, the parent of search engine giant Google Inc. has expanded its footprint in the Americas by signing a deal with the Cuban government which allows improved internet access to Cuban citizens… Read More ›
British pension funds weigh in on Fox-Sky deal
British pension funds are stating that a respectable premium be paid for Sky by Fox. If Fox were to prolong negotiations such that the acquisition takes place after Theresa May’s government invokes article 50 of the EU Lisbon Treaty in… Read More ›
Qatar sovereign fund to invest $10 billion in U.S. infrastructure projects
It is yet to be clarified whether this sum is in addition to Qatar’s $35 billion earlier commitment. Qatar’s sovereign wealth fund has disclosed that it will be investing upto $10 billion in infrastructure projects in the United States. This… Read More ›