15 U.S. States, headed by the Attorney General of New York and California, have filed a lawsuit against the merger saying it is anti-competitive and will raise costs by more than $4.5 billion annually for residents. In a significant development,… Read More ›
Meng Wanzhou’s extradition to the United States has clearly touched a nerve for Beijing. Although Huawei keeps chanting the mantra that it is not tied to the Chinese government, Beijing’s violent reactions however are indicative otherwise. Canada’s Foreign Minister Chrystia… Read More ›
Among the things she is likely to discuss with China’s President Xi Jinping and Premier Li Keqiang are, potential upgrade to the 2008 FTA and NZ’s transparency on blocking Huawei Technology’s bid to create a 5G network in the country…. Read More ›
Following the ruling, UPS said it is seeking $1.99 billion (1.74 billion euros) in damages. In a development that potentially opens up the possibility of potential litigation against the European Commission, on Wednesday, the European Court of Justice annulled a… Read More ›
The acquisition comes in the wake of the U.S. Federal Energy Regulatory Commission blocking income tax claims of fees charged to shoppers as part of their fees. After this move, many pipeline companies have reorganized their business structure. Canada’s… Read More ›
From a purely commercial perspective, blocking China Mobile from accessing the U.S. market is unlikely to make any material impact since the bulk of its income is derived from the domestic market. A post by the U.S. National Telecommunications and… Read More ›
Investor appetite in commodity-linked currencies is thin midst the series of body blows from the U.S. that is acting as shock waves to global trade. On Monday, a rally in the Euro gave way to the dollar, which edged up,… Read More ›
Judge Richard Leon is expected to take a decision on the proposed merger by June 12. As per a court filing, AT&T wants a federal judge to reject any request by the U.S. Justice Department which compels it to divest… Read More ›
While a sweeping investigation by Portland officials has not resulted in any fines and/or penalties, a criminal investigation by the DoJ is still on. As per officials from the city of Portland, Oregon, a sweeping investigation into Uber Technologies Inc’s… Read More ›
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