Although the measures adopted by the FRC are strong, in comparison to penalties imposed by Britain’s Financial Conduct Authority they are still small. On Monday, in a significant development, the Financial Reporting Council (FRC) disclosed that it has accepted the… Read More ›
Strategy
Deutsche Bank appoints Christian Sewing as its Chief Executive Officer
Christian Sewing has been a member of the bank’s management board since 2015; he was responsible for overseeing its private and commercial bank division, which includes the Postbank retail banking unit. In a significant development, Deutsche Bank, Germany’s biggest lender,… Read More ›
Novartis to acquire AveXis for $8.7 billion
The acquisition will add AveXis top drug to its repertoire of drugs, which has a significant market in the U.S. for spinal muscular atrophy. On Monday, Switzerland-based healthcare giant Novartis announced its $8.7 billion deal to acquire AveXis; Novartis will… Read More ›
India The New Battle Ground For Amazon Vs Walmart War?
Things have changed dramatically in the Indian e-commerce industry since 2009 when the total volume of the market was less than $50 million and the modern supermarkets were still trying to become stable business models. While Amazon.com was still far… Read More ›
Ford’s wholly owned subsidiary receives license to set up a bank in Germany
Ford Credit Europe (FCE), a wholly owned indirect subsidiary of Ford can now continue to service business customers, dealers, fleets and retailers, in Britain and other countries in Europe. A spokesman for Ford stated, its application to set up a… Read More ›
Hong Kong-based Modern Dental Group sees business opportunity in U.S. China trade conflict
With the United States slapping tariffs on Chinese imports, there is a growing market opportunity for rivals to Chinese companies to increase their market share in their respective segments and expand their foothold in the U.S. Modern Dental Group Ltd,… Read More ›
The United States threatens to impose tariffs on Chinese imports worth at least $100 billion
The U.S. tariffs are aimed at forcing China to modify and suitably change its coercive trade policy of forcible transfers of U.S. intellectual property to its domestic companies and gain technological advantage. U.S. President Donald Trump has directed official to… Read More ›
USDA looking for ways to shield farmers from U.S. – China trade conflict
Although the U.S. Department of Agriculture (USDA) has a range of options under which U.S. farmers could be protected, it is evaluating its options and gauging the market’s reaction. As per an official from the U.S. Department of Agriculture (USDA),… Read More ›
Risks And Opportunities For South American Countries Posed By U.S.-China Trade Rivalry
Economies in Latin America have been left analyzing the risks and opportunities that could come their way because of the rising trade tensions between the United States and China. The two countries moved a step closer towards full blown trade… Read More ›
Apple’s Attempt To Rejuvenate Siri Makes It Poach Google’s AI Head
Apple Inc. is clearly attempting to fix the problems with its AI program in order to gain back the market dominance that it had during the early days of the AI industry and this was exhibited once again as John… Read More ›