Recent Posts - page 339

• Bigger mergers will attract higher fees after this proposed bill becomes law

  By admin1 on June 9, 2021 • ( 0 )

  

  In a significant development, the U.S. Senate has passed a bill that aims to increase the fees that companies would have to pay government antitrust agencies in case of large mergers. As a result, these government agencies will also have… Read More ›

• Chinese grocery app Dingdong Maicai files for US IPO

  By admin1 on June 9, 2021 • ( 0 )

  

  Sequoia Capital and Tiger Global Management-backed Chinese grocery app Dingdong Maicai has filed for a U.S. initial public offering. The coronavirus-induced COVID-19 pandemic has fueled online demand for fresh produce in China, with e-commerce companies including Alibaba Group, Dingdong, and… Read More ›

• Alibaba Launches Slew Of Cloud Products, Including Livestream Shopping To Rival Amazon

  By admin2 on June 8, 2021 • ( 0 )

  

  With the Chinese e-commerce giant Alibaba planning to expand its reach and business across Asia, a range of new cloud computing products was launched by it recently. The company has been aggressively boosting its presence outside of China in the… Read More ›

• Nvidia Files Application With Chinese Regulators For Approval Of $40bn Arm Deal

  By admin2 on June 8, 2021 • ( 0 )

  

  Eight months ago the acquisition of United Kingdom based chip designer Arm by the United States based Nvidia worth a $40bn deal was announced while the US firm has now submitted an application to Chinese competition regulators for reviewing of… Read More ›

• Probe On Casinos Expanded By Australian Financial Crime Watchdog

  By admin2 on June 8, 2021 • ( 0 )

  

  Amid the casino industry in Australia struggling with the Covid-19 pandemic and heightened regulatory scrutiny, the anti-money-laundering agency of the country expanded a probe into due diligence at casinos which includes the three biggest operators of the industry and increasing… Read More ›

• Financial Industry Regulatory Authority proposes increased clarity on short positions

  By admin1 on June 8, 2021 • ( 0 )

  

  In a significant development, Wall Street’s self-regulatory body, the Financial Industry Regulatory Authority (FINRA), has proposed changes to its short-interest reporting requirements. The added disclosure is aimed at making the information more useful. The proposal seeks to amend changes to… Read More ›

• US listed companies should disclose greenhouse gas emission data, worker demographic info: Eric Pan, president of the Investment Company Institute

  By admin1 on June 8, 2021 • ( 0 )

  

  In a significant development, an investment industry leader has urged U.S. regulators to require U.S. listed companies to disclose greenhouse gas emissions data and worker demographic information, in efforts to make such details available to ordinary shareholders. This call from… Read More ›

• Hong Kong extends bridging loan facility to Cathay Pacific Airways to June 2022

  By admin1 on June 8, 2021 • ( 0 )

  

  On Tuesday, in a statement Cathay Pacific Airways Ltd said, the Hong Kong government had permitted the extension of the drawdown period for its $1.01 billion (HK$7.8 billion) loan facility by a year to June 2022. The development will help ease… Read More ›

• Governor of Lebanon’s cenral bank under suspected money laundering investigation

  By admin1 on June 7, 2021 • ( 0 )

  

  In a report, Agence France-Presse said, French prosecutors have started a preliminary investigation into suspected money laundering operations by the governor of Lebanon’s central bank. Riad Salameh has come under investigation for conspiracy and organised money-laundering, said the report citing… Read More ›

• National Australia Bank under investigation for suspected breach of anti-money laundering and counter terrorism laws

  By admin1 on June 7, 2021 • ( 0 )

  

  On Monday, the National Australia Bank disclosed it is under investigation for suspected non-compliance to anti-money laundering and counter-terrorism laws, sparking concerns of higher compliance costs and potential fines. According to Australia’s financial crime regulator, there were “areas of serious concern”… Read More ›

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