It is necessar4y for the US Congress to take action against Facebook Inc. and regulate the social media platform because the company cannot be trusted with self regulation, said Democratic U.S. Representative David Cicilline who is widely anticipated to adorn the post of the next chairman of House Judiciary Committee’s antitrust panel. Putting up a…
It was more than two years that the UK government had ordered that 350 of the biggest UK firms should ensure that at least a third of boardroom positions should be held by women by 2020. But there is not a single woman on the board of five British companies till now. And only one…
US farmers are in for tough times after virtually losing out on their biggest market China because of the protracted trade war between their country and the second largest economy of the world. And the hope now lies in new markets for them to export their produce. But comparison of other possible markets based on…
Turkey’s President Tayyip Erdogan has said the Germany, France and Britain has been handed over all of the recorded proof that was with the Turkish authorities in relation to the murder of veteran journalist Jamal Khashoggi. Analysts view this as a strategy by Turkey to keep up international pressure on Riyadh in the issue. Last…
According to a revelation of the United Kingdom HR body, the CIPD, labour shortages are being faced by firms in the country and there is a “reversal” in the number of migrant worker in UK workplaces. The outcome of the report – the shortage of both EU and non-EU migrants, indicates that there is a…
Following suffering losses in a regional election on Sunday, the coalition partner party of German Chancellor Angela Merkel gave her party till next year to deliver more policy results and threatened to withdraw support in case of no improvement. According ot an exit poll for broadcaster ARD showed Despite polling just 28 per cent of…
A 28 per cent year-on-year increase in pre-tax profit for the third quarter was reported by the largest bank of Europe – HSBC, at $5.922 billion. The revenue of the bank also increased by 6.32 per cent year-on-year for the third quarter, and was at $13.798 billion. But according to analyst forecasts compiled by data…
United States national security adviser John Bolton said on Firday that Russian President Vladimir Putin has been again invited by the Trump administration to to visit Washington, DC in 2019. “We have invited President Putin to Washington after the first of the year for basically a full day of consultations,” Bolton said at a news…
The president of Toyota stressed that the British government should avoid “at all costs” a no-Brexit deal. This is the latest episode of an influential Japanese investor commenting on the future of the UK economy. The industry leader Akio Toyoda lamented that leaders from the UK and the European Union failed to come to an…
A large section of the global business world has been impacted by the disappearance and death of Saudi journalist Jamal Khashoggi. This has resulted in uncertainties about planned investments in Saudi Arabia in various partnerships and in projects related to the in banking, transportation and technology sectors. Ever since the disappearance of the Washington Post…
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