Beijing move will impact $3 billion U.S. exports to China. China’s finance ministry stated, Beijing has imposed additional tariffs of up to 25% on 128 U.S. products including including certain nuts, wine and frozen pork, in response to U.S. duties… Read More ›
Strategy
Christian Strenger, founding member of Germany’s Corporate Governance Commission calls investors to vote against Wolfgang Porsche’s re-election to VW’s board at its AGM
Although Christian Strenger has a a small stake in VW, as the ex-CEO of DWS, Deutsche Bank’s asset management arm, and being the founding member of Germany’s Corporate Governance Commission, he has a prominent voice. German newspaper Frankfurter Allgemeine Sonntagszeitung… Read More ›
Trump’s attack on Amazon.com leads to $24 billion loss in market capitalization
As per news reporting service Axios, Trump is considering ways to rein in Amazon’s power. In the second instance of its kind, U.S. President Donald Trump came down heavily on Amazon.com Inc accusing it of benefiting unfairly from cheap rates… Read More ›
Seoul Authorities To Shut Light And Worker’s Computers To Prevent Working Late Hours
The authorities of South Korea’s capital city are demanding that workers there work less and not more – unlike some employers. And to prevent workers from working too much, the authorities are even planning to switch off lights and are… Read More ›
A Trash Now Has Been Embedded With Self Driving Car Technology To Empty Itself
After autonomous cars, now it is the turn of refuse to turn robotic. The design of an autonomous refuse robot has been released by Canada’s pioneering robotics and artificial intelligence research company – AI Incorporated. The autonomous robotic refuse is able… Read More ›
Walmart Inc takes the fight to Amazon.com Inc: explores close ties with health insurer, Humana Inc
If a deal was to materialize, Walmart will have to navigate the complex U.S. healthcare industry while meeting the challenges of a rapidly changing retail market. As per sources familiar with the matter at hand, Walmart Inc, the world’s… Read More ›
U.S. District Judge Valerie Caproni dismisses Exxon Mobil Corp’s lawsuit against NY and Massachusetts
In an interesting turn of events U.S. District Judge Valerie Caproni dismissed Exxon Mobil Corp’s lawsuit against the Attorney General of NY and Massachusetts on the grounds of Exxon’s arguments being “implausible”. In a setback to U.S oil giant Exxon… Read More ›
Amazon fires two lobbying firms, hires two more in replacement
The ouster of Akin Gump Strauss Hauer & Feld LLP and Squire Patton Boggs is likely to be related to U.S. President Donald Trump’s tweet that the Amazon is not paying enough taxes. On Friday, as per a report from… Read More ›
Facebook’s Latest Privacy Move, Keeping Distance From Data Brokers
All of the third-party companies that collect data from Facebook are being pushed away by the social media company through limited dealings with them. As tool that allows advertisers to target Facebook users with the usage of data garnered from… Read More ›
Record Welfare Costs & Rise In Military Spending Sees Record-High FY 2018 Budget For Japan
The Japanese government enhanced budgetary allocations to record levels in social security costs and military spending in its fiscal budget for 2018 which comprised a total budget of 97.71 trillion yen (926 billion U.S. dollars) and passed by the country’s… Read More ›