China has been struggling with overcapacity, especially in the steel sector. The European Commission has announced that it could change the way it calculates unfair subsidies and dumping in response to China’s demand that it be treated like a normal… Read More ›
Regulations & Legal
1st quarter profits have beaten analysts’ expectations – VW
Improvement in the European car market has helped the company’s bottom line. Despite being hit by diesel emission scandal, Volkswagen’s first quarter results have beaten analysts’ expectations. Europe’s biggest car manufacturer achieved this admirable feat by strategic cost cutting. Rising… Read More ›
Unilever set to acquire Dollar Shave Club
Although this deal will increase Unilever’s footprint in the personal care product sector, it will also inherit Gillette’s lawsuit against Dollar Shave Club. In a strategic development in the corporate sector, Unilever Plc is all set to acquire Dollar Shave… Read More ›
Investors sue Chesapeake Energy Corp for rigging oil and natural gas leases
Tom Ward, the former CEO of SandRidge has also been sued. This lawsuit could potentially impact his new venture – Tapstone Energy. Investors who had erstwhile sold natural gas and oil land leases to now bankrupt SandRidge Energy Corp and… Read More ›
Safety and Advisory Tips for Pokemon Go Gamers Issued by Spanish police and Middle East Countries
Following the release and the instant and magnanimous popularity of Pokemon Go, guidelines on how to safely use augmented-reality video games were issued for the public by the Spanish police on Monday. Tips like users and players of such games… Read More ›
Autonomous Cars in Germany Need to be Installed with a ‘Black Box’
All cars with an autopilot function would now be manufactured in Germany would be required to be equipped with black boxes. According to a news report published by news agency Reuters citing sources in the transport ministry of the country,… Read More ›
NY, Massachusetts and Maryland plan on suing VW
Despite having reached a partial settlement earlier last month, of which these three states were a part, they have again filed fresh lawsuits. Despite of having announced settlements plans with embattled auto manufacturer in June, three U.S. states plan on… Read More ›
Softbank set to acquire ARM Holdgins PLC for $32 billion
If the deal goes through, it will mean Softbank paying a premium of more than 40% over Friday’s closing rate of the pound at 11.89. Softbank will pay 17 pounds in cash for each ARM Holdings’ shares. According to a… Read More ›
Xerox rejects RR Donnelley’s bid
This only provides room for more potential bidders. According to the Wall Street Journal, Xerox Corps has rejected RR Donnelley & Sons Co’s bid to merge its document business with their financial printing. Ever since Xerox announced its plans to… Read More ›
2nd U.S. Circuit Court of Appeals in Manhattan passes landmark ruling favouring Microsoft
The ruling provides further clarity into the scope of the Stored Communication Act, 1986 based on which search and seizure warrants are issued in the U.S. In a ruling that could set a major precedent, a federal appeals court has… Read More ›