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Legal & Regulatory

IRCC Promulgates Forward Projections For Immigration Regulations

IRCC Promulgates Forward Projections For Immigration Regulations

The government of Canada has made a lot of amendment and implications for its immigration procedures and policies.

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EU Cities & Regions Embraces New VAT Rules

Cities & Regions Embraces New VAT Rules

The European Commision has been alarmed with rising problems on fraud and fragmentation. Realizing the need to relax VAT rules, they made an action upon it.

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Nuclear Regulatory Commission Approves Nuclear Reactor Start

Nuclear Regulatory Commission Approves Nuclear Reactor Start

Two nuclear reactors had been shut down but one of them will be up and running in several day and in just 2000 megawatts, it can give a million homes electricity.

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FDA Releases New Standard on Manufactured Food

FDA Releases New Standard on Manufactured Food

To uphold its mission and responsibility to keep US safe from any food contamination and other diseases relative thereto, United States Food and Drug Administration (FDA) recently issued revised food safety standards for state regulatory programs that oversee food facilities that manufacture, process, pack, or hold foods. These regulatory program standards also known as the Manufactured Food Regulatory Program Standards (MFRPS),

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Apple Loses VirentX Patent Retrial; Owes Damages

Apple Loses VirentX Patent Retrial; Owes Damages

In the middle of big verdict is Apple when VirentX files lawsuit for a patent case against it. Damages now are being calculated bu the courts.

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New York Authorities Orders Trump's Foundation to Stop Fund Raising

New York Stops Trump's Foundation's Fund Raising

Amidst of his candidacy, Donald Trump is facing verdict side by side. One of those is this matter about the issue in the registration of his foundation in New York.

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Portugal Shifts to Bank Resolution Fund; Revises Loan Terms

Portugal banks revises Loan terms

The banks in Potugal had a lot of issues to solve after failing to sell Novo Banco. This has made a lot adjustments that needs to be done by the banks.

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21st Century Cures Act

Congressional Committee To Revive Apple-FBI Debate on Tuesday

A congressional committee has announced reviving testing of Apple and FBI on Tuesday. Apple’s general counsel and an FBI official will testify on behalf of respective sides. Lawmakers consider the debate centering public interest as important and summoned the disagreed parties to testify before the lawmakers.

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 Company Sign

Yahoo Again Amends Employee Severance Plan, But This Time To Protect Their Interest

A regulatory filing by Yahoo Inc. on Thursday suggests that the tech giant has changed its employee severance plan. The new plan confirms severance payments even after acquisition of the tech giant. Analysts consider the filing as its preparation for selling entire or at least part of its core business.

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Microsoft Holds Its Annual Shareholders Meeting

Microsoft Sues Government Over Peeping To Individual’s Information Abusing Decades Old Law

Microsoft has sued the US Department of Justice on Thursday for alleged secret intervention of the government agencies to individual’s information. Through searching secretly, the US government is violating the Fourth as well as First Amendment, alleges the lawsuit. Microsoft believes, this practice has gone too far and hence seeks court intervention to address the situation.

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Justice department seal hanging on wall.

The U.S. Justice Department Sued ValueAct for Violating Disclosure Rule

Department of Justice filed lawsuit against ValueAct Capital last week, related to Halliburton and Baker Hughes merger. Meanwhile, ValueAct on Monday claimed no wrongdoing and will defend its position.

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U.S. Capitol In Washington

U.S. Securities and Commodities Agencies Demanded a Boost in Budget, Cited Growing Fintech Markets

The U.S. securities and commodities regulatory agencies pushed the congress to increase their budget. They argued that more fund is needed to do their functions in the growing financial markets and technology in recent years.

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Argentina President Mauricio Macri Holds News Conference

US Appeal Court Frees Argentina To Raise Capital From Global Capital Market

A US appeal court has verdict on Wednesday upholding previous ruling by the District Judge regarding lifting injunction for Argentina in entering global capital market. The ruling allows the South American nation to enter the capital market just after 15 years. It appears as a great success for the incumbent Argentine President who has come to power with promise to settle the default debt status.

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Deutsche Bank AG Branches As Lender Considers Bond Buyback

Deutsche Bank Settles With Investors Over ‘Silver Fix’ Lawsuit Under Conditional Monetary Penalty

Deutsche Bank has primarily agreed settling lawsuit centering ‘Silver Fix’ scam on Wednesday. Under the agreement, the German bank will have to count monetary penalty while helping the plaintiff investors in suits with other banks. Both the agreed parties have declined to elaborate terms and conditions for this accord.

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