Company News

Dutch payments platform, Adyen launches a new open banking alternative to card transactions

By Teresa Taylor February 21, 2019

With the recent enactment of EU’s Payment Service Directive (P2D2) requirement for banks to create APIs that let third parties initiate payments on behalf of consumers. Adyen has become an early adapter to this by introducing a new open banking payments method that will enable authentication of payments between the consumer and the bank avoiding […]Continue Reading

Company News

Air France and KLM put an end to the long power struggle, agree to have closer integration

By Evan Vaughn February 21, 2019

Air France and KLM have to manage to agree on strengthening ties between the airlines, putting an end to a power struggle that had been bothering the Dutch government, staff, and shareholders. In the process, Air France has secured a salary agreement with pilots after an elongated protest which saw them college strike last year, […]Continue Reading

Company News

CEO of Nordea Bank Predicts Turnaround

By Sarah Lavallee February 20, 2019

The Chief Executive Officer of Nordea Bank Abp Casper von Koskull has called on the critics of Finland based back to show patience and added that bank is well on its way to staging a turnaround in the fiscal year 2020. Nordea Bank has been in doldrums for some time, and in recent years, the […]Continue Reading

Company News

Apple’s former insider trading lawyer charged with insider trading

By Sarah Lavallee February 17, 2019

Apple’s former lawyer was charged by the U.S. Department of Justice for insider trading ahead of six of the iPhone maker’s quarterly earnings this Wednesday Reports say Gene Levoff exploited his position as corporate secretary, head of corporate law and co-chairman of a committee that reviewed draft copies of Apple’s financial results to trade illegally […]Continue Reading

Company News

Canopy Shows Immense Growth in Marijuana Sales

By Teresa Taylor February 17, 2019

The earnings report of the previous year was released on Thursday evening, and it revealed that Canopy, the leading pot seller, showed a 300% growth in revenue. The company’s shares also rose by 4.4% the same day following the announcement of the earnings report. Co-Chief Executive Bruce Linton came out saying that the company hoped […]Continue Reading

Company News

Apple’s New Video Streaming Service Expected to be launched in April, Video Partners Viacom, Starz, and CBS on Board

By Teresa Taylor February 17, 2019

Reports and speculation about Apple’s video streaming subscription where going around the corners for years now and finally Apple is all set to launch its new TV subscription service. Reports say that Apple is expecting to launch its new service in April or in May. Apple currently is working in the final development phase and […]Continue Reading

Company News

Airbus Decide to no Longer Produce A380 Superjumbo

By Sarah Lavallee February 16, 2019

European aircraft manufacturing giant Airbus has decided to no longer produce the A380 Superjumbo, according to an announcement made by the company on Thursday. The cruise liner was Airbus’ big bet on its quest to become the king of the skies, but the sales figures have not quite been up to the company’s expectations. The […]Continue Reading

Company News

Tata Motors and Tata Motors Finance to Collaborate with Kool-ex Cold Chain

By Norma Stanley February 15, 2019

Indian commercial vehicle giant Tata Motors has announced that it, along with Tata Motors Finance, will be entering into a strategic tie-up with Kool-ex Cold Chain Limited, a leading pharma cold chain logistics service provider, to supply 200 factory built reefer trucks. It will be a first of its kind transaction for both the companies. […]Continue Reading

Company News

Facebook Encryption Case: US Judge Keeps The Documents A Secret

By Adrian Todaro February 14, 2019

A US court has rejected the demand by two civil rights groups for the release of documents by Facebook to decrypt the conversation that an MS 13 gang had on Facebook’s messenger app. On Feb11, the US judge rejected the demand, the issue came up after a joint investigation by the Federal and state investigation […]Continue Reading

Company News

QuadrigaCX to be sold to Settle Debts

By Adrian Todaro February 7, 2019

As per a recent news correspondence, a lawyer has been appointed by a Nova Scotia’s court in Canada to have access to the encrypted laptop of the deceased CEO, Gerald Cotton of QuadrigaCX, which is a major Canadian crypto exchange. The laptop which is believed to provide access to $190 million of QuadrigaCX customer funds […]Continue Reading