By routing these ‘financial reforms’ through regulatory agencies rather than the U.S. Congress, the Trump Administration is loosening the regulatory scrutiny that was placed on big banks following the 2007-2009 financial crisis. With the U.S. Treasury Department unveiling sweeping reforms… Read More ›
The rule had come under attack from corporate trade groups and in contrast was championed by unions. On Thursday, in a major step, the U.S. Labour Department has rescinded a rule that require corporate employers and their lawyers to provide… Read More ›
Much like the June 23 referendum, the British elections could yield some rather unexpected results. With the British elections appearing not to provide a single party a clear majority, investors who had already weathered major risks in Europe and in… Read More ›
The $300 million factory is likely to be completed by 2019. South Korean newspaper, Korea Economic Daily has reported citing anonymous sources, Samsung Electronics Co Ltd plans on investing $300 million in the United States to build an appliances factory…. Read More ›
She had made significant inroads in reducing abusive litigations by “patent trolls”. On Tuesday, a spokesman from the U.S. Patent and Trademark Office stated that its Director, Michelle Lee, who won lavish praise from tech companies for taking steps to… Read More ›
The model is contingent on the turnaround of select groups of voters on election day. As per a model created by businessman and former Conservative Party donor Michael Ashcroft, British Prime Minister Theresa May could potentially win a 64-seat majority… Read More ›
The FIA has called for market forces to determine the location of the euro clearing from its current London location. The Futures Industry Association, (FIA) an industry body, underlined the fact that forcing banks to shift the clearing of euro… Read More ›
The move aims to upgrade America’s ageing air traffic control systems which date back to world war two. However, the issue is not as simple as it appears …
The Labour Party is fast catching up with May’s Conservative party. Resuming his election campaign after the London terror attacks, Jeremy Corbyn, Britain’s opposition leader, has stated Britain will need to have “difficult conversations” with Saudi Arabia and other Gulf… Read More ›
Goldman Sachs bought PDVSA’s oil bonds for pennies. As per a senior White House official, the Trump administration is concerned about any action by U.S. companies that provides a financial lifeline to Venezuela’s government. The U.S. government stance may have… Read More ›
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