An attorney for the Electronic Frontier Foundation disclosed that the decision to appeal to the U.S. Supreme Court is open and has yet to be taken. In a ruling that has dealt a blow to privacy advocates, a U.S. federal… Read More ›
Strategy
More Of Tourists Who Act Like Australians Is Desired By Thailand
Thailand expects almost 35 million foreign tourists — equivalent to half the country’s population, tourists to visit the country this year. And the government is shifting strategy as the influx gets harder to manage. Tourism Minister Kobkarn Wattanavrangkul said that… Read More ›
Trian Fund Management LP seeks a seat at P&G’s board
The fund aims to boost shareholder’s value in the company. A regulatory filing has revealed that activist investor Trian Fund Management LP is seeking a board seat for Nelson Peltz at Procter & Gamble Co. Trian Fund Management LP,… Read More ›
The ECB is likely to launch ownership control procedures for 2 of the top Deutsche Bank’s share holders
The fact that the Europe’s central bank is considering to investigate China’s & Qatar’s holdings is telling. As per a regulatory source within Europe’s top banking regulator, the bloc’s central bank is considering carrying out a review of Deutsche Bank’s… Read More ›
China forces Uber to close shop in Macau
By imposing steep fines on its drivers Chinese-ruled Macau has ensured that the company’s services comes to an end in the region. In what has been described to be a blow to embattled ride services giant Uber Technologies Inc, the… Read More ›
Takata’s bankruptcy creating legal history
Takata’s bankruptcy proceedings on novel ground given the number of parties involved and the quantum of the recall. With last week’s global recall of Takata Corp’s defective air bags being widened, the bigger worry, as per legal experts, is the… Read More ›
A $2 billion private hedge fund is now worth pennies
As per WSJ’s report, Houston-based EnerVest Ltd stands out because only 7 private-equity funds worth more than $1 billion have ever lost money for investors. As per a report filed by the Wall Street Journal, a number of lenders, including… Read More ›
Wells Fargo divesting businesses following fake account scandal
Wells Fargo is restructuring itself to make it leaner and more efficient. The Financial Times has reported citing Wells Fargo’s CFO, John Shrewberry as saying, it will be spinning off a number of its products “worth hundreds of millions of… Read More ›
Michel Barnier and David Davis officialy kickstart Brexit negotiations today
While Barnier and Davies thrash out the larger issues, working groups on either side will focus on issues, including, recovering Britain’s budgetary dues to the EU, citizen’s rights, and other tidbits. On Monday, when Britain’s Brexit Secretary David Davis meets… Read More ›
In A Bid For Aramco Prize, Britain Floats New Sovereign IPO Rules
Just as the London Stock Exchange is trying to win the IPO of Saudi Arabian oil giant Saudi Aramco, a potentially huge but controversial prize, Britain has proposed a loosening of rules on stock market listings by state companies. Even as exchanges… Read More ›
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