Tag: Business
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Syria’s Assad says funds frozen in Lebanese banks biggest impediment to investment
Syrian President Bashar al-Assad said that the the main impediment to investment in the country was money stuck in ailing Lebanese banks. In a speech...
Premium Cars drive Volkswagen profit above pre-pandemic levels
Volkswagen’s first-half operating profit is expected to reach around 11 billion euros ($13 billion). This tops the pre-pandemic levels on strong demand in Europe and...
Innovate UK funds Glasgow university and ECom Scotland joint project
The digital learning and assessment specialist, eCom Scotland is collaborating with the University of Glasgow in a six-month project. And this is funded by...
Malaysia, 1MDB seeking more than $5.6 billion in damages from KPMG partners
Malaysia’s government and state fund 1Malaysia Development Berhad (1MDB) are seeking over $5.6 billion in damages from KPMG partners for alleged breaches and negligence...
US SEC focuses on bank fee conflicts as it steps up SPAC inquiry
The U.S. securities regulator has ramped-up its inquiry on Wall Street’s blank check acquisition frenzy, homing in on potential conflicts of interest created when banks...