Chancellor Angela Merkel said that she is calling the EU to set tougher data protection rules. Angela Merkel, Chancellor of Germany, announced that she will push for tougher European Union data protection rules.
Sectors
Retailer inventories low for shopping season
Retailers are keeping their inventories low for the coming back to school season. Retailers are saying that with the back-to-school season at hand, also known as the second busiest selling season for the year, consumer spending is more conservative than ever before.
SEC in “hot seat” for improper investigation of contractors
US SEC was put under pressure for improper contractor vetting. The US Securities and Exchange Commission (SEC) was placed in a "hot seat" for failing to do a proper background check on 40 to 70 contractors.
Emerging economies in fear of Fed and China slowdown
Emerging economies are set for a wake-up call as FED decisions and the China economy slowdown affects economic growth.
Is “Abenomics” the right prescription for Japan?
Prime Minister Shinzo Abe created the “Abenomics” policy for Japan's stagnant economy. On Sunday, Japanese Prime Minister Shinzo Abe will find out whether his mandate to end the country's economic stagnation will push through.
Latest News
Spanish Prime Minister, Mariano Rajoy claims that recovery is close for Spain. Spain Prime Minister, Mariano Rajoy makes a risky political bet by making claims that recovery is close at hand for Spain.
SEC said that they are ready for the Fabrice Tourre trial. The U. S. Securities and Exchange Commission announced that they head to trial for the fraud case against the former Goldman Sachs bond trader, Fabrice Tourre.
Starwood Capital Group LLC announced that they have made an offer to acquire New York based luxury department store chain, Saks Inc.
Columbia's Grupo Aval announced their intent to acquire 100% stake in BBVA Panama Grupo Aval announced that they will pay US$490 million to acquire the Panamanian operations of BBVA Bank.
US community health centers look forward to newly insured patients under the Affordable Care Act, also known as the Obamacare.
US financing institution OPIC is set to fund the expansion project of Pakistan hospital. The Overseas Private Investment Corporation (OPIC), US financing institution, agreed to fund the expansion of Aga Khan University Hospital in Karachi, Pakistan.
Cinven to acquire Host Europe, an internet hosting and domain firm, in the amount of GBP 438 million.
Private equity veteran T.J. Jubeir has been named as one of the board of directors of Capital Chapter of the Entrepreneurs Organization (EO-DC).
Battery Ventures, Austin Ventures and The Valley Fund have all made their commitments to back-up the newly launched accelerator program, OpenIncubate.
