ABB will sell Power Grids to Hitachi

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Source: Dukascopy Bank SA
On Monday, it was announced by the Swiss engineering group ABB that it has reached a deal to sell the company's power grids unit to Japan's Hitachi.
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Mon, 17 Dec 2018 16:26:44 GMT

Guess fined $45M for blocking cross-border sales in EU

The EU antitrust regulators fined the US clothing firm Guess $45.3M for illegally blocking European cross-border sales within a crackdown over illegal practices, which block e-commerce in the European Union.

Mon, 17 Dec 2018 13:46:57 GMT

US banks dump risky loans

As fears of a recession appear in the markets, US banks have been downplaying the risks publicly. Meanwhile, Reuters reported that largest banks have been backing out of riskier loans.

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