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Venezuela uses smaller banks to execute dollar deals
World - Mar 21, 2017
Venezuela is utilizing less famous banks, such as a small Puerto Rican lender, since brokers for some international trade agencies, after Citigroup (C.N) in 2016, stopped offering currency services.
Brazil meat sector ruined by scandal; China and EU suspend imports
World - Mar 21, 2017
World's biggest meat and poultry exporter, Brazil, suspended more than 30 senior government servants who weren’t able to spot the unhygienic and illegal practices in the industry.
Eurozone finance ministers meet to debate regional issues
World - Mar 21, 2017
A total of 19 Eurozone finance ministers met in Brussels for discussing the Greek bailout program. However, currently the group itself is facing internal problems regarding its leadership.
Samsung chief Lee Jae-Yong’s trial targeted over bribery
World - Mar 09, 2017
Samsung’s de facto head Lee Jae-Yong has been dropped into a trial which has begun in South Korea; the corruption charges include embezzlement and bribery as the prime wrongdoings.
Serious uncertainties over UK trade post-Brexit
World - Mar 08, 2017
Prime Minister Theresa May has planned to initiate the UK’s exit from the European Union with a deadline set for March end, but any fixed decision of British trade still remains unanswered.
UK Government suffers another Brexit bill defeat
World - Mar 08, 2017
The British government suffers a second defeat on its Brexit bill as the House of Lords commanded a “meaningful” parliamentary vote on the final terms of the withdrawal.
UK government defeated over Brexit bill as House of Lords favor amendment
World - Mar 02, 2017
The House of Lords voted in favor for the amendment which focused on the protection of EU nationals in the United Kingdom.
Samsung heir formally indicted over bribery charges
World - Mar 01, 2017
Lee Jae-yong, Samsung’s heir apparent has been charged officially by South Korea’s special prosecutor’s office on multiple charges including embezzlement and bribery.
India likely to fall behind China in terms of GDP growth rate
World - Feb 28, 2017
Effects of demonetization to become evident as India announces second full-year estimate for 2016 and October to December quarter GDP growth rate.
Budapest Withdraws Bid for 2024 Olympics, Citing Political and Financial Concerns
World - Feb 24, 2017
Financial concerns have led many cities to abandon their Olympic dreams, Rome, Boston and Hamburg dropped out from 2024 Olympics Games.
Google to grants $11.5 Million in Racial Justice Organizations
World - Feb 24, 2017
On Thursday, the charitable arm of the search giant, Google Inc., stated that the Google.org will spend $11.5 Mn in grants to racial justice organization in the United States.
India’s undersea Bullet Train research work started
World - Feb 23, 2017
Geo-investigation work for the $14.6 billion bullet train project in India, funded by Japan, has started.
South Korea’s Fair Trade Commission takes aim at Qualcomm
World - Feb 23, 2017
South Korea’s KFTC fine U.S. giant, Qualcomm, for an estimated $873 million for unfairly using its market position in the country.
China curbs all coal imports from North Korea
World - Feb 20, 2017
The decision was expressed after North Korea's February 11 missile test, as tensions intensify over the isolated state's disobedience of UN resolutions.
Consortium bags $34.9 Million Contract for High-Speed Rail
World - Feb 17, 2017
Under this contract, the consortium, made up of Mott MacDonald, WSP Engineering and Ernst & Young Advisory services, will provide project Mgmt. support on HSR operations.
Samsung chief arrested as South Korea corruption scandal widens
World - Feb 17, 2017
According to a South Korean court, Samsung Group chief Jay Y. Lee got arrested on Friday over his alleged contribution in the grave corruption scandal prevailing in the country.
Austria’s Defense Ministry Filed a Lawsuit against Airbus over Eurofighter Fraud
World - Feb 16, 2017
The defense ministry of Austria has filed a lawsuit against the Netherlands-based aerospace company, Airbus Group, over a suspected corruption and bribery cases.
Samsung chief questioned for the second time over corruption claims
World - Feb 13, 2017
The firm is accused of providing donations to non-profit foundations operated by a confidante of President Park Geun-hye involving a give-and-take for political favors.
Taiwan to Build Its Own Supersonic Training Jets to Boost Country’s Air Aptitudes
World - Feb 08, 2017
Air Force department of Taiwan signed an arrangement on Tuesday to commission a domestic military-run institute to build 66 advanced trainer jets.
Top US Technology Companies Join Forces against Trump’s Travel Ban
World - Feb 07, 2017
More than 100 corporations, including most of the high-tech’s leading names, united a legal brief opposing US President Donald Trump’s temporary travel ban.