During his tour, Johnson is set to announce a $371 million new funding package as he tries to goad leaders to accept his no-deal strategy. On Monday, with Boris Johnson making his first official visit to Scotland as Prime Minister,… Read More ›
Strategy
24 out of 27 British sectors unprepared for no-deal Brexit: Confederation of British Industry
The lack of preparedness will significantly impact the majority of British sectors in the event of a no-deal Brexit, according to a report from the Confederation of British Industry. In a significant development, the Confederation of British Industry (CBI), a… Read More ›
China launches anti-dumping probe of meta-Cresol from the U.S., EU and Japan
Meta-Cresol is an organic compound typically extracted from coal tar that is used to make pesticides and other chemical products. On Monday, China said it has launched an anti-dumping investigation into the import of meta-Cresol, an organic compound typically extracted… Read More ›
Scientists Say Current Rate And Extent Of Climate Change Not Seen In 2000 Years
Researchers say that the speed and extent at which the world is heating up because of global warming is unparalleled as a geological event in the past 2,000 years. There is no comparison between the scale of warming seen over… Read More ›
Australian Regulator To Scrutinize Algorithms Of Facebook And Google
Australia’s strategy for better regulating United States technology giants will now see the country establishing a dedicated office – the first of its kind in the world, which would police Facebook Inc and Google. Analysts say that this effort could… Read More ›
3M discloses potential violation of U.S. Foreign Corrupt Practices Act in regulatory filing
3M chanced on certain funding and marketing related efforts in business groups in China, in its own internal investigation. It is cooperating with the U.S. Department of Justice and the Securities and Exchange Commission. In a significant development, 3M Co… Read More ›
Trump target China’s ‘developing nation’ at the WTO
How can China be a developing nation when its GDP is the second largest in the world ? In a development that will have major repercussions on the Chinese economy, U.S. President Donald Trump has pressed the World Trade Organization… Read More ›
U.S. Justice Department approves T-Mobile’s merger with Sprint
T-Mobile’s $26 billion bid to acquire rival Sprint Corp has been approved by the U.S. Justice Department. The breakthrough comes after the deal was caught for more than a year in regulatory limbo. In a significant development, the U.S. Justice… Read More ›
U.S. regulators increases oversight on resolution plans for foreign banks
Resolution plans, also known as living wills, require large banks to detail how they could be unwound in cases of bankruptcy with minimal disruption to the financial system. In a significant development, U.S. bank regulators stated they have not found… Read More ›
Samsung To Launch Foldable Phone Galaxy Fold In September After Screen Fix
The initial launch of Samsung’s first foldable smartphone was delayed after some technical issues were discovered in it. Now the company says that the problems have been fixed and the phones would be available for sale in the market form… Read More ›