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U.S. Telecom Hack Exposes Major Security Vulnerabilities In Global Telecom Infrastructure 11/22/2024

ECB Sounds Alarm On AI Stock Bubble: A Looming Threat To Financial Stability 11/21/2024

Hyundai IONIQ 9: The Battle For The Electric Three-Row SUV Market 11/21/2024

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Business & Finance

BHP to sell its shale business in the US by early 2019

Anglo-Australian mining giant BHP Billiton, which plans to withdraw from its shale oil and gas business in the US, has received several offers to purchase these assets. However, the deal will take place no earlier than the end of 2018 or the beginning of 2019, Reuters writes citing its own sources....

Amundi: Climate change affects investments

Amundi, the largest asset management company in Europe, noted that institutional investors are now taking the climate change seriously, Bloomberg writes. "We are indeed seeing a turning point in institutional investors' attitude to climate change," said Frederik Samama, co-director of Amundi....

Bayer and Monsanto will sell assets for $ 9 bln to complete the $ 66 bln-worth merger

On Tuesday, the process of approving one of the largest deals in the history of agribusiness - the association of German Bayer and American Monsanto - was completed. In accordance with the decision of the US Justice Department, Bayer and Monsanto must sell assets worth $ 9 billion to a third...

Airbus Subsidies Again Puts US And RU At Loggerheads

The European Union had taken action to bring the funding it gives to plane maker Airbus according to the World Trade Organization rules within a few days of the ruling by the global trade dispute settlement body, said the EU to the WTO’s dispute settlement on Monday. The path for a...

Measure To Eradicate Mycoplasma Disease Will See 100,000 Cows Culled In New Zealand

The largest animal slaughter in the history of New Zealand is set to be held as the country becomes the first in the world to attempt to eradicate the cow disease Mycoplasma bovis by culling cows to the tens of thousands. An agreement has been reached between the government and farming...

Who will suffer from Trump's car tariffs?

Introduction of a new US tax on imported cars and auto parts can be a threat to the global automotive industry. However, some automakers may suffer the greatest losses. In addition to American drivers who will have to pay a higher price for new cars, many large automakers will suffer if the US...

Australian Telco Firm Penalized For Misleading Customers

Accused of misleading consumers, a penalty of 1.5-million-Australian dollar (1.14 million U.S. dollars) was ordered against the second largest telecommunications company of Australia by the Federal Court. Between the period from late 2015 to early 2017 the Australian telecom company Optus...

Probe Into Import Of Vehicles And Parts Launched By Trump Administration

Import tariffs can be put on car and trucks into the United States in a manner similar to what was done aluminum and steel if a national security investigation into the imports launched by the Trump administration indeed shows threat to the national security of the country. The U.S....

Shell’s C.E.O Gets Support From Wealth Fund Of Norway And Calls Upon Climate Goals In Energy Sector

Major investors, like BNP Paribas, HSBC and others too are in favour of a climate agenda in the energy sector. The “$1 trillion sovereign wealth fund” of Norway, being the largest in the world, casted a vote against “a motion” that was presented during the Royal Dutch Shell’s general annual...

Is There Any Truth In Barclays' Possible Merger Deal With StanChart?

The reports that were circulated claiming a rival tie up in the sector, is being said to be wrong, even though Barclays is facing pressure from the investors to boost up its profits in the investment banking branch. Barclays Plc will not be undertaking any “potential merger” with its rivals”...