The yet to be officially announced move is aimed at offsetting regulatory cost pressures. On Friday, as per a report from Bloomberg, French bank Societe General SA, plans on trimming thousands of jobs at its global banking and investor solutions… Read More ›
Having met its targeted inflation level of 2%, Japan’s central bank has stated it would end its loose monetary policy. In an interview to Bloomberg, Haruhiko Kuroda, the Governor of the Japan’s central bank stated, the Bank of Japan is… Read More ›
Yet another high profile executive leaves Tesla Inc…Perhaps few can withstand the pressures at the high profile company as it pushes to bring luxurious clean energy powered mass market EVs to the market. Pioneers never had it easy. Liam O’Connor,… Read More ›
The development will further weaken foreign investment in Iran. Bloomberg has reported, citing a U.S. official familiar with the matter at hand saying, Volkswagen AG will put an end to the bulk of its operations in Iran. The Trump administration… Read More ›
South Korea’s financial regulators have fined Samsung Securities Co for its $105 billion ghost stock error. On Friday, Koo Sung-hoon, Samsung Securities Co’s CEO resigned from his job following the imposition of a 144 million won fine on the company…. Read More ›
In recent times there has been a flurry of senior executives leaving Tesla. These departures come at a time when the company is looking to ramp up the production of its Model 3 sedan. Tesla Inc lost two major executives,… Read More ›
While this will bring much needed closure to the case, Toshiba can now allocate more resources to its other disputes including the potential delisting of its stock from the Tokyo Exchange. According to a Bloomberg report, Western Digital Corp and… Read More ›
The embattled Canadian train and plane maker is weighing its options to reduce its footprint from the aerospace market. It is eyeing a sale as well as potential partnerships. Bloomberg reported, Canadian airplane and train maker Bombardier Inc is exploring… Read More ›
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