Banks were requested by the “New York State Department of Financial Services” to provide details regarding the Kushner connection. The Banking regulators of New York state demanded information from “Deutsche Bank AG” as well as “two other lenders”, whereby the banks have to reveal their...

Negotiators are dealing with official rules concerning “regional content in cars” besides pushing for a re-negotiation on the “North American Free Trade Agreement”. The “trade officials” of the United States has met up with two automakers, General Motors (GM) and Ford, revealed two sources. The...

Some investors are asking whether the answer to the guns crisis in the U.S. is not with the government but with the gun companies – especially after the Florida school murder, and many are also suggesting a road map for change.   There is however no guarantee that there would be any...

While the retailer has gone into administration, Moorfields Advisory, the firm which has been appointed to oversee the process said, its 100 stores across the UK will continue to remain open and in service until further notice. The UK arms of Toys R Us, a U.S. -based toy and juvenile-products...

HNA’s liquidity crunch is having a rippling effect across its business in the conglomerate. Two oil industry sources have disclosed, China’s HNA Group has accumulated an estimated $476 million (3 billion yuan) bill with a state-run aviation fuel company.   The development underscores a...

The largest US cable television operator, Comcast, made a proposal to buy European media company Sky plc for $ 31 billion. Thus, the American company questioned the successful completion of the already approved deal between Walt Disney and Rupert Murdoch’s 21st Century Fox, which owns 39% of Sky....

Mass shooting on February 14 at a school in Florida led not only to a stormy public discussion and government plans to radically tighten arms law. In recent days, many US companies have terminated partnership programs with the National Rifle Association (NRA), whose members (more than 5 million...

Saudi Arabia wants to be a part of the boom in the U.S. oil sector.   According to media reports, in February, it was planned that U.S. oil would be sent to Asia through a U.S. unit by the country’s state oil firm. However, the plan was discarded because the company found it to be...

Approaching a century of existence, the New York based advisory firm maintains its expansion in Europe and its sights on conquering each country within, one at a time. In order to steer the European ship into higher seas, Duff & Phelps’ HQ have nominated Yann Magnan, who has an MS in Engineering and turned to finance.