According to a report from the Financial Times, the EU’s new trade chief has told the United States to remove the imposition of tariffs on more than $7 billion EU products or face additional duties on exports to Europe, in… Read More ›
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Deutsche Bank pays $16 million settlement for non-compliance to U.S. corruption laws
Deutsche Bank has now taken several remedial measures to mitigate the issues revolving around its hiring practices and internal accounting controls. In a statement the Securities and Exchange Commission (SEC) stated, Deutsche Bank has agreed to pay more than $16… Read More ›
Siemens well placed to win majority of contracts for rebuilding Iraq’s power infrastructure
Since the defeat of ISIS in Syria in March, Iraq has become an investment opportunity for countries, including Saudi Arabia and the United States, as they seek to counter Iran’s growing influence in the region. At a joint press conference… Read More ›
Britain should not go soft on economic crimes post Brexit: TSC
A report from the British Parliament’s Treasury Select Committee (TSC) has called for improving anti-money laundering standards post Brexit. On Friday, a panel of British lawmakers stated, Britain should not go soft on anti-money laundering standards in order to win… Read More ›
Monsanto wins court battle in India for its GM cotton seeds
The ruling from India’s highest court assumes significance since India is the world’s No. 1 cotton producer. On Tuesday, India’s Supreme Court ruled in favor of Monsanto and allowed it to claim patents on its genetically modified cotton seeds, said… Read More ›
Boeing Co wins orders for 14 777 freighter worth $4.7 billion
The Farnborough Airshow is an opportunity for both, Boeing Co and Airbus SE, to garner fresh orders. Although Boeing landed the first order from the show, Airbus is likely to soon catch up and zoom ahead. On Monday, at the… Read More ›
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