Credit Suisse has received regulatory approval for opening its new branch in Ireland. The Swiss bank is setting up a new branch in Dublin as part of its cost reduction exercise. Credit Suisse is restructuring its securities trading and prime brokerage operations. Credit Suisse is in the process of meeting capital requirements and improving shareholder returns.
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Chipotle in Boston Reopen After Norovirus Outbreak
Chipotle reopen its Boston restaurant in Cleveland Circle on Christmas. After an outbreak of norovirus in its outlet earlier, the Mexican Grill would have to close its restaurant for inspection.
Regulators penalized BMW $40M for slow mini car recall
BMW North America faces a penalty of up to $40 million by U.S. auto-safety regulators for recall failures. According to US News, U.S. safety regulators have fined penalty with German automaker BMW AG with $40 million for a reason of not fast fixation of their Mini brand cars that failed federal crash tests.
JPMorgan alerts Japan Inc to brace up for ¥100/USD
JPMorgan Chase & Co has alerted Japan Inc to gear up for the surge in Yen against the US dollar. JPMorgan Chase forecast Yen will reach 100 yen against a US dollar. However, it says the rally in currency may not sabotage the Japan industry.
Budget legislation nearing approval for More Budget to fight Wildfires
Budget legislation closes in on an additional $610 million to fight wildfires in 2016, which still needs approval by the Congress. According to ABC News, the budget will be given to the US Forest Service, which spent $1.7 billion in extinguishing fires in 2015.
Latest News
Mexico oil giant Petroleos Mexicanos (Pemex) is planning to trim its headcount in 2016. The State-run company has suffered a record loss, while its production is declining to 25-year low. Pemex has taken up a restructuring exercise to bring back profitability to the company.
An aerospace company Arca Space Corporation has unveiled a hoverboard than can actually fly. The hoverboard, called ArcaBoard, is a rectangle fan-powered board that can lift a person off the ground by almost a foot.
This Christmas eve of this year has come up with another good news for the music fans. The Beatles' catalogue will soon be arriving on streaming services.
An Australian man is suing eBay for thousands of dollars after it delisted the 'weed hat' he wore in a TV program. According to Daily Rover, Zaky Mallah, an Australian man has taken action against eBay and dragged it to the courtroom.
Starbucks Corp is banking on gift card strategy to boost business volume this holiday season. The American Coffee company is expecting a record number of gift-card purchases on Christmas Eve. The gift-card business is propelling more traffic and loyalty to Starbucks cafes.
Kardashian Family saddened about Rob's battle against depression and weight gain. It is heartbreaking for the family to see one of their clan members, Robert Kardashian, suffering from depression regarding his personal problems and weight gain.
Mila Kunis and Ashton Kutcher took their baby Wyatt to Toys for Tots in California to see Santa Clause
Super Bowl 50 in 2016 will be star packed once again, as Bruno Mars, Beyonce and Coldplay are expected to grace the occassion
Golden Globe Nominees for 2016 finally announced. Nominees for the 73rd Annual Golden Globe Awards was finally released Thursday morning. Among the nominees for TV's most recognized program, Starz's Outlander earned three nods, along with FX's Cargo, USA Network's Mr.
