Sectors
Hyperloop Transportation Technologies Prepared to Build The First System in Slovakia
Although Elon Musk was the first one to mention Hyperloop, two other companies have brought the idea closer to reality. Both companies are now preparing a track test and will begin to build the system.
Austrian Financial Market Regulator to Investigate Two Banks over Panama Papers Leak
FMA of Austria will investigate Raiffeisen Bank International and Hypo Landesbank Vorarlberg. The Austrian banks were named in Panama Papers in helping money laundering scheme.
Credit Suisse Must Take Drastic Measure After $1 Billion Write Down
The Swiss bank which posted first full-year loss last year must take a drastic measure. It has to make another retreat in investment banking.
TerraForm Sued Parent Company SunEdison for Diverting $231 Million Projects Money to Its Own Balance Sheet
SunEdison is facing another lawsuit, this time from its subsidiary TerraForm. TerraForm accused its parent company for misallocating cash for its projects in India to SunEdison’s own balance sheet.