The development is loaded with geo-political nuances and is strategically important for China. As per three sources with direct knowledge of the discussion, CEFC China Energy, is in preliminary talks with Russian state oil giant Rosneft in order to acquire… Read More ›
Europe
The majority of British companies have yet to make changes in their strategic planning vis-a-vis Brexit
The result of a survey conducted by Thomson Reuters on British CFOs is intriguing. As per the results of a survey conducted by Thomson Reuters on British CFOs, the vast majority of British businesses are not in synch… Read More ›
Netflix zooms past analysts’ expectation riding on cable business alliances
Alliances with former foes have been instrumental in its phenomenal growth in the U.S. and overseas. In a development that underscores a tactical shift in the U.S. cable business, a growing number of operators are forming business alliances with their… Read More ›
VW’s diesel cars lacking retrofitting updates will lose registration and be fined
If you own a diesel car from VW’s stables, you are likely to benefit reading this. The owners of Volkswagen vehicles that have been affected by the diesel emissions scandal please perk up and pay attention. The refusal to… Read More ›
Softbank, Greylock Partners, GM and others invest in Silicon Valley self-driving startup Nauto
Nauto has had the distinction of attracting big names from the auto industry in its funding rounds. Palo Alto-based Nauto, a Silicon Valley startup which develops software for self-driving vehicles, has disclosed it closed a $159 million series B funding… Read More ›
Fake online stores exploit loopholes in banking system to process illegal banking transactions
This shadow banking system is used to launder billions of dollars. Here is how it functions. An examination by Reuters has opened a can of worms: a network of dummy online stores selling household goods have been used as a… Read More ›
The UK is at an economic crossroad with Britons deciding which path it will take on June 8
The surprise revelations of her tax strategy vis-à-vis the elderly in Britain is telling. It is better for Britons to know all of her Trojan Horse revelations before the polls then after. In an interesting turn of events, British voters… Read More ›
U.S. crude touches new high of $50 a barrel
With the ‘summer driving’ season set to officially kick off on Memorial Day holiday, U.S. crude futures are peaking. However the international benchmark Brent crude futures prices have largely remained unaffected by this localised event. With a strong start to… Read More ›
British Airways still experiencing disruptions: Heathrow Airport
The airlines has advised passengers to not travel to the airport unless they were rebooked on other flights. On Monday, London’s Heathrow Airport disclosed that some flights of British Airways are still affected by the global computer system failure. British… Read More ›
A bull in a China shop
With the U.S. embracing increased protectionism despite its posturing in the G7 meet, German Chancellor Angela Merkel has voiced the markings on the wall. The executive summary of last week’s G7 and NATO meeting, comes down to just one line,… Read More ›