On Thursday, leaders from the European Union said, they are weighing options which include seeking a summit with Russian President Vladimir Putin as part of a strategy to manage relations with Moscow and exit the current “negative spiral”. On Wednesday,… Read More ›
president
Biden scheduled to meet financial regulators on Monday
U.S. President Joe Biden is scheduled to meet financial regulators on Monday for an update on the country’s financial systems and institutions, said press secretary Jen Psaki in a statement. “The meeting will cover regulatory priorities including climate-related financial risk and… Read More ›
Biden renews partnership with EU allies, cools off trade tensions
In a significant development, U.S. President Joe Biden is aiming to intensify efforts to renew transatlantic relations. On Tuesday, he will be meeting leaders from the European Union to cool off trade tensions and join forces to defeat the coronavirus-induced… Read More ›
US listed companies should disclose greenhouse gas emission data, worker demographic info: Eric Pan, president of the Investment Company Institute
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 ›
Biden Administration expands ban list prohibiting US entities to invest in Chinese companies
In a development that marks the expansion of the scope of the previous US Administration, US President Joe Biden banned US entities from investing in a couple of Chinese companies with alleged links to the Chinese military, through an executive… Read More ›
DOJ’s Antitrust Division and the Justice Department’s budget gets boost from the President
In a significant development U.S. President Joe Biden has proposed a hike of 11% in budgetary funding for the Federal Trade Commission and the Justice Department’s Antitrust Division, both of which have filed major lawsuits against big tech companies in… Read More ›
UK’s backing of global corporate tax contingent on White House’s support on cracking down on US tech giants: UK Treasury
A report from The Telegraph stated, the UK treasury may back a global overhaul of corporate tax as outlined by U.S. President Joe Biden if the White House supports its demand to crack down on U.S. tech giants. Britain has… Read More ›
EU willing to discuss US-backed proposed to waive IPR on Covid-19 vaccines
On Thursday, in a significant development, European Commission president Ursula von der Leyen said the European Union is willing to discuss a US-backed proposal to waive intellectual property rights for COVID-19 vaccines. “The EU is also ready to discuss any… Read More ›
Walt Disney Co in final stage of negotiating ABC News president
On Friday, according to a media reports, Kimberly Godwin, the executive vice-president of CBS News, is in the final stages of negotiations with Walt Disney Co to become president of ABC News. Godwin, a 14-year veteran of CBS, could potentially… Read More ›
Regulatory framework on climate risk disclosures will act as catalyst for massive green investments: John Kerry
In a statement U.S. climate envoy John Kerry said, a regulatory requirement on companies and financial institutions requiring them to disclose climate change related risks will spark huge investment flow in green capital investments across the world; he went on… Read More ›