Europe

Italy Arrests Russian Businessman Accused of Helping Son of Putin Ally Escape From House Arrest

Italian authorities have arrested a Russian businessman accused of assisting the son of a Putin ally in escaping house arrest in Italy.


Germany Urges China to Make 'Serious' Move on Issue of EV Tariffs

Germany is urging China to take decisive steps regarding tariffs on imported electric vehicles (EVs)...

Starbucks, Coca-Cola Seek Trademark Renewal in Russia

Coca-Cola and Starbucks have sought to re-register their trademarks in Russia to protect their intellectual property rights...

Meta Halts EU AI Model Rollout Amid Privacy Concerns, Regulatory Pressure

Meta Platforms has postponed the European launch of its AI models after the Irish privacy regulator advised against using data from Facebook and Instagram users...


Latest News

Canadian Pension Fund to Acquire 40% Stake in Agriculture Unit of Glencore For $2.5 Billion
Glencore is possibly nearer to a deal with Canda’s largest pension fund to sell 40% stake in its agriculture business. CPPIB has agreed to pay $2.5 billion against a total valuation of $6 billion. How
Scandinavian FSAs Summon Banks To Explain Their Accounts Against Panama Papers’ Allegations
Nordea Bank of Sweden and DNB ASA of Norway, largest lenders of the respective countries, have been accused of aiding in tax dodging by the leaked ‘Panama Papers’. DSAs of the respective countries hav
Prosecutors Around The Globe Initiate Probe Over Tax Dodging Leaked Through Panama Papers
Following the leak of documents related to tax dodging by a Panamanian Firm, governments around the globe has initiated probe in this regard. Tax payers are righteous to know the state actions in unea
UK finance chiefs put hiring, investment plans on hold amid Brexit concerns
UK's financial chiefs are concerned about impact of Brexit, postponing their key decisions on hiring and investments. The British industry and business segments are in wait and watch mode until refere
IMF Chief Lagarde Vows To Speedy Conclusion In Greek Bailout Review
In response to a letter from the Greek Prime Minister Alexis Tsipras, Christine Lagarde, the IMF chief, has binned the Wikileaks’ transcript. Since IMF doesn’t act on leaks, she decided to allow the I
Finnish FM Faces Party Leadership Challenge From Right Wing MP
Elina Lepomäki, a right wing MP from National Coalition Party, has announced vying for party leadership with Alexander Stubb, the Finnish Finance Minister. In Finland, party leaders generally steps do
Trial for Five Former Barclays Bankers on Libor Rigging Case to Start Monday
After a series of setbacks, UK's Serious Fraud Office will start the third trial on Libor rigging case. Five former bankers in Barclays will stand accused as conspirators.
Societe Generale SA to Cut 128 Jobs in Its Global Banking Division
The third largest bank in France will continue its cost cutting plan. Through the year 2020 the bank will cut 550 jobs in its retail operation.
Prime Minister Cameron Denied Brexit Has Divided His Cabinet
Cameron accused journalists are getting over excited to hunt news on political rift. While five of his cabinet members are opposing him, and one had resigned.
GSK Got Positive Recommendation for Its Gene Therapy for Bubble Boy Disease, Expecting Approval Soon
A gene therapy for Bubble Boy Disease has received positive evaluation from European regulatory panel, paving a way for official approval. Currently, there’s no gene therapy for the disease, and the t
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