Barclays explores merger with StanChart

Aiming to improve its financial performance, Barclays (NYSE:) has spoken to rival bank Standard Chartered () about a potential merger, . It‘s part of wide-ranging contingency plans being weighed by senior board members following pressure from an activist investor. “Hypothetical combinations” with other lenders include Deutsche Bank (NYSE:), Credit Suisse (NYSE:) and DBS in Singapore. Now read:

Tightening foreign investment oversight

The Senate Banking Committee and the House Financial Services Committee have bills aimed at tightening oversight of foreign investment to slow China’s acquisition of U.S. technology. The national security decision would expand the clout of the interagency body Committee on Foreign Investment in the U.S. (CFIUS), strengthen export controls and define passive investments. Now read:

Yelp revives EU complaint against Google

Yelp (NYSE:) has a European antitrust complaint against Google (, ), seeking to gain traction on a longstanding accusation that the search giant unfairly promotes its own services in results. A similar complaint in 2014 has not led the EU to issue formal charges, nor has testimony to U.S. regulators, but Yelp is now banking on an EU ruling that […]

Tesla trims Chinese prices amid tariff cuts

Tariff cuts for imported vehicles are going a long way in China as Tesla (NASDAQ:) slashed up to $14K off local sales of its Model X. The price cut of 6% will take the top-of-the range vehicle to 1.3M yuan ($203K), still well above the $140K cost of Tesla‘s Model X P100D in the U.S. Toyota (NYSE:) and BMW () […]

Data Protection Commissioner probes discovery of patient details on Louth street

An investigation is continuing after four pages of medical notes containing patients’ details were found on the street in Co Louth yesterday. A member of the public found the pages from the consultant’s report, containing details including name, age and date of birth of patients. The pages also include details of the units the patients were treated in at Our […]