US Sues Volkswagen and ex-CEO for Fraud over Dieselgate
The diesel emissions scandal, better known as ‘Dieselgate’, threatened to engulf Volkswagen, one of the biggest car manufacturers in the world. Although the car maker may have left it behind…
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Qualcomm Owes Apple $1billion Rebate Payment
A preliminary ruling was issued by a U.S. federal judge that states that Qualcomm Inc has to pay Apple Inc. nearly $1 billion as patent royalty rebate payments. However, with…
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One in Five of UK Big Companies Have No Women on Their Board
Some of the biggest companies in the United Kingdom have zero or very few women board members and have been put on notice by a trade body of the fund…
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Pound Falls, Asian Stocks a Mixed Bag at the End Of Day
Asian stocks rallied as new data was published on the Chinese economy. The pound also reduced as investors waited to see the developments in Brexit. In the markets: Stocks Asia…
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Palm Oil in BioFuels: EU Trying to Prevent Another Trade War
In a bid to appease both the palm oil producers and the environmentalists, the European Union set new criteria for the use of palm oil in biofuels. Palm oil producers…
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Big Tariff Cuts and No Irish Border Checks in the Event of No Deal Brexit
With Prime Minister Theresa May struggling to push her Brexit deal through the Parliament, it is increasingly looking likely that on the 29th of March this year, the United Kingdom…
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Cathay Pacific Swings Back to Profit After Two Years
Hong Kong based Cathay Pacific had been in the doldrums as it posted losses in each of the past two years, but it seems that a range of cost cutting…
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Business Groups Upset as Brexit Deal is Rejected Again
As far as businesses are concerned, the spectre of Brexit has proven to be a huge stumbling block and the uncertainty over the past few months has made life even…
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US-China Trade Talks to Conclude Soon
The most talked about even in the world economy, the U.S. – China trade talks were going fine when the Washington officials last talked. But, now U.S. Trade Representative Robert…
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BOE Policymaker Jonathan Haskel: Brexit Likely to Affect Britain For Many Years
The newly joined policy maker Jonathan Haskel in his maiden speech after joining the monetary policy committee said that the chilling effect on Britain’s economy will last longer than expected.…
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