McDonald's Closes Sri Lanka Stores After Agreement with Local Partner Ends Over Poor Hygiene Case

McDonald's attorney explained that the termination of the agreement with the franchisee was a result of standard compliance issues identified by the parent company.

Read Full Article

EU Privacy Authorities Assessing The Privacy Shield Likely to Ask For Another Review to be Conducted in 2018

European privacy watchdogs is now assessing the Privacy Shield framework that would regulate the EU-U.S. relations in privacy protection. It’s likely that the EU watchdogs will ask for another review to be conducted in 2018, when a new a new EU data protection law comes into force.

Read Full Article

Microsoft Became The First Major U.S. Tech Company to Endorse Privacy Protection Pact With the EU

Microsoft has became the first major U.S. tech company to endorse the Privacy Shield agreement between EU and the U.S. The company agreed to discuss the framework of data protection further with the EU officials soon.

Read Full Article

Guosen Securities denies bond default

China's eighth largest investment bank, Guosen Securities, has clarified on behalf of its unit that there's no default on its offshore debt. The trustee of the offshore bond Bank of New York Mellon (BNY) had earlier warned bondholders of a possible default.

Read Full Article

Tentative Deal Reached for California's $15 Per Hour Minimum Wage

A tentative deal was reached by the Californian government over a statewide minimum wage of $15 an hour. No specific information has been conveyed yet but labor unions will pursue their initiatives. Gov. Jerry Brown and his advisers are still debating about the wage increase that would mean an additional expenditure for the government as it already pays for the worker's services for the disabled.

Read Full Article

WTO clinches first global trade deal in its history

The World Trade Organization adopted the first worldwide trade reform in its history on Thursday, after years of stalemate, months of deadlock and a final day's delay following an eleventh-hour objection.

Read Full Article

U.S. government working to renew oil agreement with Israel

The United States is in the midst of renewing its 35-year-old commitment to supply Israel with oil in emergency situations after the pact expired on Tuesday, a U.S. State Department official said.

Read Full Article

U.S., Mexico reach deal to avert sugar import duties

Mexico and the United States reached a deal on Monday to avert potentially steep duties on Mexican sugar imports to the United States in talks that went down to the last minute.

Read Full Article

BlackRock Inc agrees with New York Attorney General to end worldwide analyst survey program

BlackRock will be ending its worldwide analyst survey program as part of its agreement with the office of the New York Attorney General, Reuters reported.

Read Full Article

MHT and MidSpan Banks form MHT MidSpan Bank

The two banks for middle market advisory services have merged to provide a wider range of portfolio services to its clientele.

Read Full Article

India-Pakistan LNG delivery agreement still to be forged

Only the issues of sovereign guarantees by Pakistan for the purchases of gas from India hinder the finalization of the agreement between the two countries.

Read Full Article

Devon Energy and Crosstex Energy forge new company

A soon to be named company would comprise of 7,300 miles of pipeline and storage and trucking facilities.

Read Full Article

AT&T and Crown Castle Int'l forge agreement on towers and cell sites

For the price of USD4.85 billion, AT&T sells off and leases telecommunications assets to Crown Castle Int'l.

Read Full Article

Evidence in one case used tor LIbOR rigging suit against Barclays

Presented evidence on another case is being used as evidence to prove Barclays' hand in the recent LIbOR rigging scandal.

Read Full Article

FWD Group formalizes investment agreement with Swiss Re

Swiss Re set to formalize a USD425 million investment for 12.3% of FWD.

Read Full Article
1 2

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics