As per a report from The Information, Broadcom Inc has come under scrutiny from the U.S. Federal Trade Commission (FTC) following complaints that it is forcing exclusive agreements with customers. As per the report, the FTC is in the early stages… Read More ›
As per three sources familiar with the matter at hand, regulators at the European Union have told some banks to scrutinise transactions by all Russian and Belarusian clients, including EU residents, in order to ensure that they are not used… Read More ›
In a significant development the U.S. Justice Department announced, it has selected an experienced computer crimes prosecutor to lead its new national cryptocurrency enforcement team and said the FBI is launching a unit for blockchain analysis and virtual asset seizure…. Read More ›
Alphabet Inc, Google’s parent company, is close in to join its peers, Microsoft Corp and Apple Inc in the elite $2 trillion market valuation club with the search engine giant’s shares surging more than 8% following a better than expected quarterly results…. Read More ›
The European Commission is taking a closer look into Microsoft Corp’s $16 billion acquisition of transcription technology company Nuance Communications Inc and has asked customers and competitors to draw up a list of concerns. The outreach is the most extensive scrutiny by… Read More ›
On Monday, in a statement Britain’s Financial Reporting Council said, 125 companies, including Fidelity, BlackRock, M&G, Legal & General, have endorsed Britain’s tougher best practice code to stop “greenwashing” assets, with 64 companies failing to make the cut. Among the… Read More ›
E-cigarette maker Juul Labs Inc stated, its co-founder James Monsees plans on stepping down from the company as an adviser and member of its board. In an internal memo, Monsees, who had previously been the company’s chief product officer, said… Read More ›
Midst tumbling valuations and frosty political climate, large investment banks are backing out of Chinese IPOs on Wall Street, and are forced to slash the size of their deals. In the last few months, big banks including Bank of America,… Read More ›
The development signals a growing move by Britain’s financial watchdog to scrutinize audits conducted by the Big Four accounting firms. Following a collapse of travel giant Thomas Cook, Britain’s Financial Reporting Council has begun an investigation into the travel company’s… Read More ›
One of the strategies adopted by Boeing to mitigate aspects from its high-profile scrutiny, is reshuffling of executives in its commercial airplanes business, as it increases its focus on responding to the snow-balling situation. With U.S. lawmakers calling on Boeing… Read More ›
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