Search Results for: RBI
Samsung Electronics China supplier to resume business after child labor allegations
August 5th, 2014
A Chinese subsidiary of Shinyang Engineering Co Ltd (086830.KQ) will resume supplying parts to Samsung Electronics Co Ltd on Tuesday, a Shinyang official said, less than a month after business ties were suspended over child labor allegations. In July, ...
India to face a new technique for gold
August 1st, 2014
India is scrambling to crack down on a new gold smuggling tactic that it fears could accelerate a flood of illegal imports of the precious metal into the world’s second-biggest buyer. India — whose appetite for gold is only ...
US Congress To Deny Contracts To Inverters
August 1st, 2014
With pressure growing for the United States Congress to move forward on legislation to halt the flow of “corporate inversions” in the short-term, the Fair Federal Contracts Act has been introduced in both the Senate and the House of ...
Microsoft Probe Fuels China Uncertainty
July 31st, 2014
It’s hard to keep a straight face as China accuses Microsoft of “monopolistic behavior” and raids its offices in Beijing, Shanghai and elsewhere. What, that cartel known as the Communist Party suddenly has a problem with large organizations that ...
Record award for former Yukos investors after tribunal finds “political motivation” for Russia’s actions
July 31st, 2014
An arbitral tribunal sitting in The Hague has unanimously held that the Russian Federation breached its international obligations under the Energy Charter Treaty when it liquidated and part-nationalised the former Yukos Oil Company in 2007. The Permanent Court of ...
Russians worry over the growing sanctions from the West
July 31st, 2014
Russia confronts the biggest sanctions from the West since the Ukrainian crisis erupted and has therefore adopted a nonchalant public stance, with President Vladimir V. Putin emphasizing the importance of self-reliance and a new poll released Tuesday indicating a ...
Gold Drops to $1300 as Stocks Advance
July 30th, 2014
Gold futures declined as U.S. and European equities advanced, curbing demand for the precious metal as an alternative asset. Stocks climbed on optimism over corporate earnings. U.S. consumer confidence soared in July to the highest in almost seven years ...
U.S. companies search for growth overseas
July 28th, 2014
Big U.S. companies are searching for corporate growth overseas for better financial opportunities. Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings or revenue that exceeded analysts’ projections in their ...
Gold for bitcoin could be the new trend
July 28th, 2014
A new possible obstacle for regulators, including India, is ‘gold for bitcoin’ trades which are becoming the new trend in the world of anonymous transactions, keeping warm the desire to invest in virtual currencies. This comes at a time ...
After the Dollar
July 28th, 2014
It is symbolic that the recent BRICS summit in Fortaleza, Brazil, took place exactly seven decades after the Bretton Woods Conference that created the International Monetary Fund and the World Bank. The upshot of the BRICS meeting was the ...
