The move, which is expected to cost the U.S. nearly $1 trillion over the next 30 years. Comes midst the Trump Administration’s drive to overhaul and boost the defense industry of the country. In a significant development the Pentagon has… Read More ›
U.S
CEFC China Energy in preliminary talks to acquire a stake in Russian oil giant Rosneft
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 ›
Placing a nuclear warhead on an ICBM missile would be crossing a red line: South Korea’s President Moon Jae-in
This is the first time that the South Korean President has clarified on this matter. North Korea will now know there’s no turning back the clock if it were to continue doing its Don Quixote act. On Thursday, South Korea’s… Read More ›
U.S. Fintech firm Fiserv offers to acquire UK-based Monitise for $98 million
Fiserve has managed to secure a significant 9.9% of Monitise’s issued share capital in its bid, thus ensuring that the bid is likely to sail through. Fiserv, a U.S. fintech company has upgraded its offer to $98 million (75 million… Read More ›
Toyota Motor Corp to set up auto assembly plant in US in joint collaboration with Mazda
Toyota’s fuel efficient sedans and SUVs caters to design-conscious consumers in the US. As per a sourced briefed with the matter at hand, Toyota Motor Corp and Mazda Motor Corp are set to collaborate on developing a $1.6 billion U.S… Read More ›
Uncertainty in the healthcare business making insurers nervous
The political rumble and the lack of clarity in the future course of the U.S. healthcare system is unnerving insurers. Having repeatedly urged Republican senators to try and undo his predecessor’s healthcare law, in a tactical shift U.S. President Donald… Read More ›
Trump not likely to assert executive privilege for blocking Comey’s Testimony
The former director of the FBI is scheduled to testify before the Senate Intelligence Committee this coming Thursday. The New York Times has reported citing two senior officials in the Trump Administration who spoke on the condition of anonymity, U.S…. Read More ›
U.S. withdrawal from Paris Climate Agreement could lead to increased litigation and reduced FDI inflows to the U.S.
The investor-state dispute settlement (ISDS) has gained notoriety since it provides companies the means to sue governments in ad hoc arbitrations if they feel their rights have been abused through a change in the legal basis on which their investment… Read More ›
U.S. withdrawal from 2015 Paris Agreement will hurt U.S. jobs and its economy: U.S blue chip companies
Many U.S. companies, including those from the oil industry, see the step as regressive. American companies seem to disagree with U.S. President Donald Trump’s decision to withdraw from the landmark Paris climate accord, which can stave off an economic crisis… Read More ›
Trump tightens visa rules to curb extremists entering the U.S.
State Department officials have stated the new visa rules will kick in mostly when applicants become a person of interest. In what could amount to proactive action, the Trump administration is asking U.S. visa applicants worldwide to provide biographical information… Read More ›