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Top Wall Street Lawyer Scott Barshay Leaves Cravath Law Firm to Join Paul, Weiss as Head of M&A

Top M&A lawyer, Scott Barshay, leaves Cravath to be a global head of mergers and acquisitions for rival law firm Paul, Weiss. Mr. Barshay has been representing big and high-profile clients, including Honeywell, Starwood, and 3G investment firm.


‘Model 3’ Unveiling By Tesla Causes Soaring Its Stock By 60%

More than 137,000 people have submitted a $1,000 deposit for pre-order of Tesla’s recently unveiled electric car ‘Model 3’. The pre-booking figure suggests Tesla’s ability for achieving its pre-set goal for selling 5,000 cars by 2020. Following the revelation, Tesla stock has been witnessed to increase by 60% during extended hour trading on Wednesday.

UK finance chiefs put hiring, investment plans on hold amid Brexit concerns

UK's financial chiefs are concerned about impact of Brexit, postponing their key decisions on hiring and investments. The British industry and business segments are in wait and watch mode until referendum on Brexit in June 2016.

DiCaprio Not Banned From Indonesia, to Establish Mega-Fauna Sanctuary

Leonardo DiCaprio can still visit Indonesia and will not be barred as an Indonesian minister appreciates his effort about the plight of the animals and how to help them and looks forward on working with him.


Latest News

This Friday SpaceX is ready to launch Falcon 9 rocket carrying cargo for International Space Station. NASA has also anticipated to use SpaceX and Boeing to launch astronauts by the end of 2017.
Cameron accused journalists are getting over excited to hunt news on political rift. While five of his cabinet members are opposing him, and one had resigned.
Google has removed a Taliban-developed application from the Play Store. While the aim of the application is likely to be establishing its existence digitally as well as globally, the use of the Pastho language indicated that the application targeted mainly local audience.
The history’s biggest confidential documents leak revealed Russian elites, mostly Mr Putin’s inner circles, as clients of an offshore law firm in Panama. The offshore money trail connected to Mr Putin’s allies is worth $2 billion.
A gene therapy for Bubble Boy Disease has received positive evaluation from European regulatory panel, paving a way for official approval. Currently, there’s no gene therapy for the disease, and the therapy would enhance patient’s success in survival and even recovery.
Volkswagen will start recalling 91,000 of its Passat 2012-2014 models in the U.S. over problems with the vehicle’s connector that could cause overheating and electrical short. The automaker is lately being clouded by scandals regarding emission and its vehicles.
American movie studios are getting closer to Chinese firms as sources of funding. Dick Cook Studios has just secured $500 million in production deal with China’s Film Carnival. The studio is working on the first film under the deal.
The Taliban-developed app was called Alemarah that enables viewing and reading in Pashto. It was deleted from Google’s Play Store within a short time after a report from SITE Intel Group. The app was available in five different languages including Arabic and English.
Virgin America, Billionaire Richard Branson's small carrier, is on the block and this is attracting other smaller airlines to bid for it. Airlines in the US are making more profits owing to cheaper oil prices. Acquisition route is ideal for smaller airlines to expand further.
China's eighth largest investment bank, Guosen Securities, has clarified on behalf of its unit that there's no default on its offshore debt. The trustee of the offshore bond Bank of New York Mellon (BNY) had earlier warned bondholders of a possible default.