In a development with potentially big consequences, Scottish leader Nicola Sturgeon has told British Prime Minister Boris Johnson that a second referendum on independence was inevitable following a resounding election victory by her party. Johnson’s Conservative Party is strongly opposed… Read More ›
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Japan seeing rise of shareholder activism
On Thursday, Toshiba Corp shareholders voted in favor of an independent investigation into allegations of investors being pressured ahead of last year’s annual general meeting. The development could potentially spur more shareholder activism. This is the fourth time a shareholder… Read More ›
Federal prosecutors to probe ‘substantial allegations of voting and vote tabulation irregularities’: U.S. Attorney General William Barr
In a significant development, U.S. Attorney General William Barr authorized federal prosecutors to pursue investigations into “substantial allegations of voting and vote tabulation irregularities,” while urging prosecutors not to chase “fanciful or far-fetched” claims. Barr’s letter to prosecutors marks the… Read More ›
EU members states to decide on consensus candidate for IMF
EU members will decide today on who will represent the block at the IMF. On Friday, European Union member states are set to vote on who will represent the bloc in the International Monetary Fund following a missed opportunity to… Read More ›
Boris Johnson heads to Scotland and Wales in his push for no-deal Brexit
During his tour, Johnson is set to announce a $371 million new funding package as he tries to goad leaders to accept his no-deal strategy. On Monday, with Boris Johnson making his first official visit to Scotland as Prime Minister,… Read More ›
Occidental Petroleum Corp increases cash component of its bid, eliminates risk of voting down its bid
The strategic move, which essentially place Occidental Petroleum ahead of Chevron, risks a potential clash with Carl Icahn. In a significant development, Occidental Petroleum Corp increased the cash component of its $38 billion bid to acquire Anadarko Petroleum Corp thus… Read More ›
British parliament to vote on May’s diluted Brexit package today
May’s floundering efforts to get her Brexit deal approved has resulted in a few diplomats opining that Britain was most likely headed for chaotic tumble out of the EU. The bloc is likely to push ahead with contingency preparations next… Read More ›
Brexit slashes Britain’s economic growth to lowest in a decade
The British Chambers of Commerce (BCC) has warned of greater economic harm if the geo-political scenario does not quickly get a more stable footing. As per the British Chambers of Commerce (BCC), companies across industry segments are looking to cut… Read More ›
May grows more cautious for Tuesday’s Brexit vote in parliament
Tomorrow’s vote will depend on whether May has the numbers backing the deal. On Monday, Britain’s Foreign Minister Jeremy Hun stated, the Britain’s government will only hold another meaningful vote on Prime Minister Theresa May’s Brexit deal on Tuesday provided… Read More ›
Brexit can be reversed: Jeremy Hunt
In the event May’s deal is voted down on Tuesday, as is very likely, parliament will vote on Wednesday whether it should leave without a deal; if that measure is also voted down, parliament will then take up the issue… Read More ›