In an increasingly interconnected world, where countries across continents have come together to collaborate and knit closer ties, the move to focus, and concentrate economic resources and energies could turn out to be regressive. In a strategic shift, U.S. President… Read More ›
Claiming that the world’s biggest economy would continue to need crude from abroad, OPEC’s two biggest suppliers to the U.S. shrugged off a vow by President Donald Trump to end dependence on the group’s oil. While the Venezuelan Energy and… Read More ›
Before too much is read into this move, Wells Fargo’s spokesman has clarified that it wasn’t in response to its December resolution planning process failure. The third largest U.S. bank by assets, Wells Fargo & Co, has disclosed that it… Read More ›
Mallinckrodt Pharmaceuticals was caught raising prices of medicines for infants of less than a year old to skyrocketing prices. Mallinckrodt Pharmaceuticals, a drug manufacturer, has settled a lawsuit for $100 million with the US Federal Trade Commission (FTC) for having… Read More ›
The Scottish proposal will add to the geopolitical dynamics and carries the pregnant ideas of independence for Northern Ireland as well as for the Republic of Ireland from the United Kingdom. With British Prime Minister taking a hardline on Brexit,… Read More ›
If Japan’s Canon were to buy Toshiba’s stake, the business would maintain its Japanese profile. Japan’s Kyodo news agency has reported, without citing any sources, that Canon Inc is weighing its investment options in Toshiba Corp. The report comes in… Read More ›
In September 2016, Tesla upgraded its Autopilot system, and added new limits on hands-off driving and other features which Elon Musk said would most likely have prevented the accident. In a significant development, U.S. auto safety regulators have disclosed that… Read More ›
Through these partnerships, Chinese companies are getting two birds with one stone: while on one hand they are quickly learning the tricks of the trade of great film making, these investments also make business sense in terms of return on… Read More ›
The deal had earlier prompted lodging of a complaint by the German Publishers and Booksellers Association to the European Commission and the German Federal Cartel Office thus triggering an investigation by the German Enforcer. Both regulators have now welcomed the… Read More ›
Although Toshiba is yet evaluating its options, the move will boost its capital base. As per a source who has been briefed on the discussions, Toshiba Corp is in talks to sell its minority stake in its flash memory business… Read More ›
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