HSBC agrees to pay for avoiding risks, distractions and expense and not for any wrongdoing. HSBC Holdings Plc becomes the “fourth major bank” which has agreed to settle down on accusations made by “private U.S. litigation” on conspiracy of manipulating “the Libor benchmark interest rate” through...

Investors do not worry with the deadline miss of Toshiba, as they suggest other alternatives which they consider to be more valuable. Toshiba Corp reported that the company will not be making it by the deadline of March end to meet the “$18 billion deal” on selling its “prized chip”. The reason...

Since the beginning of the year, the amount of mergers and acquisitions (M&A) has reached a record $ 1.2 trillion, and about half of this amount is accounted for mega deals (worth more than $ 5 billion). Among the reasons for record activity are economic growth, cheap credit and tax reform in the...

A new analytical report proves fallacy of the established opinion about unprofitability of investments in the field of renewable energy. The revenue of companies engaged in this industry was almost twice as high for 1.5 years of work as that of firms working with fossil fuels. Such figures are...

There was a drop of almost 5 per cent in the shares of largest e-retailer of the world Amamzon.com following the tendering of a list of complaints against the company by U.S. President Donald Trump on Thursday. It was just a day ago that there was news article published in the news website Axios...

Buyers “may be asked to repay subsidies they have already received” for Tesla Model S. With the end of the dispute between Tesla and a “government agency”, the buyers of the former could now once again “apply for subsidies”. The dispute involved the Model S of Tesla which was disputed for being...

Not a whole lot of cars are sold by U.S. car makers in South Korea.   And despite the Trump administration and the South Korean government have come to an agreement on the rehashing of their trade deal, there apparently would be little change for the fate of U.S. car4 makers in terms of...

In what is the second failure for the ride hailing company Uber in an Asian market and its decision to move away from the market, the U.S. firm agreed to sell its Southeast Asian business to the larger regional rival Grab. The two companies made this announcement on Monday   With a market...

There is a push among the high-end manufacturers of watch to turn to web sales, although the journey still faces resistance and limitations. Giving the boom on the sales of luxury goods on online platforms, the “high-end” watch manufacturer are finally getting convinced to start investing in...