The U.S lawsuit, filed in a Chicago federal court, was filed by Musoni’s three minor children, who are Dutch citizens residing in Belgium. A lwuaist has been filed against airplane maker Boeing Co in a U.S. federal court in what… Read More ›
Strategy
British parliament to vote on May’s diluted Brexit package today
May’s floundering efforts to get her Brexit deal approved has resulted in a few diplomats opining that Britain was most likely headed for chaotic tumble out of the EU. The bloc is likely to push ahead with contingency preparations next… Read More ›
White Nationalism And Separatism Would Be Banned From Facebook
Starting next week, all comments and posts on Facebook and Instagram that “praise, support and representation of white nationalism and separatism” would be blocked, Facebook has said. It has also promised to enhance its capabilities to increase the potential for… Read More ›
Innovation, Flexibility Needed By Businesses To Face Challenges: ILO-IOE Study
Global companies and businesses would be facing huge changes as providers of jobsand need to innovate and become flexible to tackle those challenges, concluded a new study report that was released Wednesday jointly by the International Labor Organization (ILO) and… Read More ›
Trade deals only for those who are signatory to Paris climate accord: Nathalie Loiseau
Nathalie Loiseau quit her job as European affairs minister and is running for the European Parliament. On Thursday, Nathalie Loiseau, the leader of French President Emmanuel Macron’s European election campaign, stated she opposes trade deals with countries who are not… Read More ›
Office Depot & Support.com Inc to pay total fine of $35M to FTC
While Office Depot will pay $25 million, Support.com will be paying $10 million. The U.S. Federal Trade Commission stated, Office Depot Inc and Support.com Inc, a software firm, have agreed to pay $35 million to settle its charges that they… Read More ›
EU’s securities and markets watchdog imposes $5.78M fine on Fitch
20% of Fitch subsidiaries in France, Britain, and Spain had been affected by the conflict of interest. On Thursday, the European Union’s markets watchdog, the European Securities and Markets Authority (ESMA), has fined credit rating agency Fitch a record $5.78… Read More ›
Merck KGaA Puts For $5.9 Bln Hostile Takeover Bid For Versum
A hostile bid acquisition offer for Versum Materials worth a total of $5.9 billion all-cash deal was launched by German pharma group Merck KGaA on Tuesday as the German firm attempts to increase its presence in the semiconductor materials market…. Read More ›
Report Finds That Too Much Power Was Concentrated In Former Nissan Chief Ghosn
The former disdained chairmen of Nissan Motor Corp – Carlos Ghosn was given too much authority, claims the outcome of an external report comprising of a panel of experts. The aim of setting up the panel by the company was… Read More ›
Volkswagen strikes strategic partnership with Amazon for industry cloud
Volkswagen’s tie up with Amazon will help improve production at its factories. According to a report by Germany newspaper Sueddeutsche, the European Union’s biggest carmaker Volkswagen has struck a strategic partnership with Amazon.com Inc to create a kind of “industry… Read More ›