Sabre reacted to the verdict stating that it believes that it has operated “fairly and lawfully.” It will go on appeal. On Tuesday, in a landmark ruling, the American Airlines Group Inc. (AIG) won nearly $15.3 million in an antitrust… Read More ›
Strategy
Alternative Investment Management Association outlines its wishlist before Brexit negotiations
European Securities and Markets Authority gives a preview of how British hedge funds and private credit assets could tap EU’s single market bloc after Brexit. Before Brexit negotiations begins, a British hedge fund group has laid out its wishlist, which… Read More ›
France’s DCNS wins Australian contract to build a fleet of submarines
DCNS bagged the contract having beaten competition from Germany’s ThyssenKrupp AG and Japan’s Kawasaki Heavy Industries and Mitsubishi Heavy Industries. In a significant development, France and Australia have signed a deal worth $36.3 billion in which French naval contractor will… Read More ›
Sweden eyes U.S. white goods market
The U.S. is a major export market for Sweden’s home appliances. Swedish white goods products have registered a 4.8% growth in November, whereas the white goods market in the U.S. have risen by 14.7%. Swedish News Agency, Direkt, has reported… Read More ›
Apple considering manufacturing in India: WSJ
This strategic move aims to tap Indian Prime Minister, Narendra Modi’s ‘Make in India’ incentive which states that foreign retailers will have to manufacture 30% of goods sold in stores locally. Local manufacturing could boost Apple’s market share in the… Read More ›
Goldman Sachs settle class action lawsuit with $56.5 million
The lawsuit involves several leading banks which have conspired to rig rate benchmarks, commodities and securities prices. The remaining defendants in the lawsuit are HSBC Holdings Plc, BNP Paribas SA Morgan Stanley, UBS AG, ICAP, Wells Fargo & Co and… Read More ›
EU close to sealing free trade pact with Japan
The United States’ loss is Europe’s gain.
Renault, Nissan and Mitsubishi to have a common platform for EVs
As a result of this collaboration, the prices of their offerings could drop by as much as 1/5 of Nissan’s leaf price tag. As per Japanese business daily, the Nikkei has reported that Renault, Mitsubishi Motors Corp and Nissan Motor… Read More ›
Scotland prefers to remain within the EU
On Tuesday the Scottish government will examine various proposals on how it can remain within the EU. These proposals could potentially deliver a body blow to the UK’s posturing of a united front. In the coming week, Scotland is set… Read More ›
Fake News Tackled by Facebook
The social media giant Facebook unveiled some new steps on Thursday that it’s taking to address hoaxes and fake news as the IT giant faces ongoing questions about the role that fake news played in the election — and criticism… Read More ›
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