July 17, 2018
Fortis TCI Limited 2018 Rate Variation Application
FortisTCI filed a rate variation application under Section 34 of the Electricity Ordinance. The application proposes an average rate increase of 6.8%. Residential customers with an average monthly consumption of 500 kWh would see an increase of…
July 15, 2018
European Union is a foe on trade added the Donald
US President Donald Trump has described the European Union as a foe on trade.He told CBS News that European countries were taking advantage of the US and not paying their Nato bills.EU Council President Donald Tusk said anyone calling the EU foes…
June 27, 2018
Fox-Disney merger cleared
US regulators have cleared Walt Disney Co's plan to buy most of 21st Century Fox, removing a final barrier to the $71.3bn (£54.2bn) deal. The approval requires the sale of Fox's regional sports networks in the US, due to competition concerns, the…
June 13, 2018
Comcast bids for Murdoch’s Fox assets in Disney challenge
Comcast, the US media conglomerate, has submitted another offer to buy parts of 21st Century Fox, after getting rebuffed last year in favour of Disney. Comcast said it has offered $65bn (£48.6bn) in cash for Fox's studios and international…
June 13, 2018
ExxonMobil announces the start of drilling off shore in Guyana
The US-based oil giant ExxonMobil yesterday announced that it has started development drilling offshore. In a statement, the company said that the Liza Phase 1 development continues to rapidly progress and that development drilling began in May for…
June 7, 2018
Johnson ‘warns of Brexit meltdown’
Boris Johnson reportedly warned there may be a Brexit "meltdown" in comments made at a private dinner this week.The foreign secretary also referred to the Treasury as the "heart of Remain", according to a report by Buzzfeed. In recorded comments to…
May 29, 2018
Dow tumbles 430 points on Italy fears and US-China trade tensions
Volatility gripped Wall Street on Tuesday. The Dow fell as much as 430 points -- 1.6% -- on fears about a political crisis in Italy and renewed trade tensions between the United States and China. The index turned negative for the year. The S&P 500…
May 3, 2018
DSS’ Flagship SafetyNet.ai Gets Document Retention Capabilities
New York City, 2nd May 2018 – Domus Semo Sancus (DSS) today announced the introduction of Document Retention tools in SafetyNet.ai, its award-winning enhanced due diligence (EDD) cognitive search and crime prevention tool. Many organizations,…
April 24, 2018
Oil at $75 as Iran sanction fears mount
Oil prices hit $75 on Tuesday, the highest level in nearly three and a half years, as fears mounted over the prospect of new US sanctions on Iran. Brent crude jumped for the sixth consecutive day, trading as high as $75.27 before falling back…
April 16, 2018
Pound’s strong run continues
The pound sterling has continued its recent strong run against the dollar pushing firmly above $1.43. It is the seventh session in a row that the pound has made gains against the US currency. The strong run means that, among the G10 group of rich…