Following the ruling, UPS said it is seeking $1.99 billion (1.74 billion euros) in damages. In a development that potentially opens up the possibility of potential litigation against the European Commission, on Wednesday, the European Court of Justice annulled a… Read More ›
Banks shares have risen modestly giving hopes of a compromise Plan B for Brexit. On Wednesday, the share prices of British banks witnessed heavy losses in the wake of the parliamentary vote on the Brexit deal which saw one of… Read More ›
In recent times, social media platform Facebook has been criticised of its role in causing an erosion of the news business worldwide and hence the company would be investing $300 million over a three year period in local news globally… Read More ›
May’s Brexi deal faces strong headwinds in parliament. Today’s vote will not only decide her May’s career but also chart Britain’s economic and geo-political future in the days to come. On Tuesday, in a historic vote in the British parliament… Read More ›
Sri Lanka is struggling to repay its foreign debt which is at a record $5.9 billion. The current amount of $300 million can be expanded to $1 billion. On Tuesday, in a move that deepens China’s grip on the island… Read More ›
Britain’s economic future will be decided today in Parliament. Options range from reversing Brexit to a cliff hanger Brexit. As per a report from British tabloid ‘The Sun’, Prime Minister Theresa May is likely to force a second parliamentary vote… Read More ›
The options Air Canada is looking at includes Airbus A321XLR and the Boeing 737 MAX. A senior executive from Air Canada disclosed, the airlines is interested in further developing the usage of narrowbody aircraft for its transatlantic market and is… Read More ›
According to media reports published in the United States US President Donald Trump’s daughter and adviser Ivanka and former US Ambassador to the UN, Nikki Haley are the names that are making the rounds to be set up for the… Read More ›
The largest producer by output in the world would be created following the acquisition by Newmont Mining of its smaller rival Goldcorp. Newmont announced that the deal would be valued at $10 billion. This is the second large reorganization in… Read More ›
While for the entire of 2018, the trade surplus of China with the United States got bigger, there was a drop in the imports and exports of the country in December potentially because of the trade war and tariffs which… Read More ›
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