International

Headlines

Accord Project's Consortium Launching First Legal 'Smart Contracts' With Hyperledger

Partnering with the Linux Foundation’s Hyperledger and supported by law firms in the US, Canada and the UK, the Accord Project has launched an initiative to shake up the legal contracting world in what is described as an “industry first” using blockchain, distributed ledgers and smart contracts.Read More

The SEC Ruling Should Be Positive, Not Negative For Bitcoin, Ethereum, And Litecoin

The slow-down of ICOs will limit the supply of digital currencies at a time when they are gaining traction as a medium for exchange. That’s certainly bullish, not bearish, for such existing digital currencies.Read More

Earnings Preview: What To Expect From Twitter On Thursday

Twitter is expected to earn $0.05/share on $536.65 million in revenue. Meanwhile, the so-called Whisper number is $0.09.Read More

The Jewel in the Crown: Why India Continue to Outperform Global Markets?

The Indian Rupee (INR) and Indian Equities continue to attract strong capital inflows as India’s economic and political stability and reform momentum are being well received by foreign and domestic investors. Is there still upward pressure?Read More

Western Digital Earnings Preview: Margins To Improve Due To SanDisk's Flash Products

Western Digital is scheduled to announce its fiscal fourth quarter 2017 earnings on July 27. At the end of the quarter ended March, Western Digital gave positive guidance for the fiscal fourth quarter with the addition of SanDisk expected to boost revenues for the hard drive manufacturer.Read More

Finance

Britain to Ban New Diesel and Gas Cars by 2040

LONDON — Scrambling to combat a growing air pollution crisis, Britain announced on Wednesday that sales of new diesel and gas cars would reach the end of the road by 2040, the latest step in Europe’s battle against the damaging environmental impact of the internal combustion engine.Britain’s plans match a similar pledge made this month by France,...

Economic Trends: Maybe We’ve Been Thinking About the Productivity Slump All Wrong

American businesses are doing a terrible job at making their workers more productive.Productivity growth is the weakest it has been since the early 1980s — only 0.8 percent a year over the last half a decade, compared with 2.3 percent on average from 1947 to 2007. This is the root cause of slow growth in both G.D.P. and worker pay.At least, that is...

Some Bitcoin Backers Are Defecting to Create a Rival Currency

SAN FRANCISCO — For the last two years, rival factions have been vying for control of the Bitcoin virtual currency and its global network of computers and supporters.Now, one of the main camps is preparing to break off and create a competing version of Bitcoin.A group of investors and entrepreneurs, most of them based in Asia, have announced a plan...

Economic Scene: To Punish Putin, Economic Sanctions Are Unlikely to Do the Trick

Eduardo PorterECONOMIC SCENEKim Jong-un was still in college in 2006 when the United Nations Security Council, in a resolution drafted by the United States, imposed economic sanctions on his father’s regime to stop North Korea from becoming a nuclear power.Washington enlisted the cooperation of China, the only country with the capacity to sever North...

Abysmal Financial Literacy Rates For Women Are Hurting Their Retirement Security

Retirement income literacy rates are shockingly low among retirement age women. The low literacy levels are negatively impacting the retirement security of women. Women can improve their situations by taking a more proactive role in financial planning and seek out help from a qualified advisor.Read More

Legal

Making Sense of the "Grey" in Grey Goods

Making Sense of the "Grey" in Grey GoodsMary Still, Dean Gerakiteys and Mathew Fenwick, Clayton UtzMary Still, Dean Gerakiteys and Mathew Fenwick at Clayton Utz explore the judicial interpretation of various sections of the Australian Trade Marks Act 1995 in relation to "grey goods".Trademarks are a badge of origin, a representation to the world that...

Trademarks 2017: Discussion

Trademarks 2017: DiscussionWho’s Who Legal brings together Tim Golder at Allens and Julia Anne Matheson at Finnegan Henderson Farabow Garrett & Dunner to discuss recent developments in the field of trademarks, the increasing demand for global services and growing concerns over online trademark infringement. What have been the most significant...

When is the Right Time for a Facelift?

When is the Right Time for a Facelift?John Olsen, Locke Lord LLPJohn Olsen at Locke Lord discusses the new reform package for European trademarks, recently adopted by the European Parliament, and how it may have provided businesses with the opportunity to revive their brands. It appears that the right time for a facelift is when the spirit needs a...

Allocation of Interest to Non-Breaching Parties Under Breach of Contract Remedies Contained in the AIPN Model JOA and the AIPN Model SBA

Allocation of Interest to Non-Breaching Parties Under Breach of Contract Remedies Contained in the AIPN Model JOA and the AIPN Model SBAFrank Alexander Jr, Dentons Canada LLPFrank Alexander Jr at Dentons Canada provides an in-depth analysis of Association of International Petroleum Negotiators rules surrounding the rates of interest due under breach...

Brazilian Oil and Gas Industry: an Update

Brazilian Oil and Gas Industry: an UpdateMarilda Rosado de Sá Ribeiro, Lobo de Rizzo AdvogadosMarilda Rosado de Sá Ribeiro at Lobo de Rizzo Advogados assesses recent developments in Brazil’s oil and gas industry including changes to the regulatory framework, signs of recovery and expectations for the future. Brazil went through a period of increasing...

Deals

​Political uncertainty drives consumer goods M&A to lowest level since 2011

Consumer goods M&A plummeted in 2016, down $176bn on the previous year, as political uncertainty depressed deal-making in the sectorGrowth conditions worsened for the Global 50, with overall revenue growth turning negative for the first time (-0.7%) Mergers and acquisitions among the top 50 consumer goods giants have fallen sharply from $226bn in 2015...

New Isle of Man enterprise development scheme deals completed

Nimbus Medical Holdings Limited has been awarded funding to support its InterCare® integrated technology platform, relocating its premises and creating new jobs on the IslandNew start-up Scout4’s app for construction workers has also received EDS investmentMore than £1.2 million of funding has been committed to help bring new businesses to the Island...

Global M&A Activity Predicted to Increase in First Half of 2017

The Intralinks Deal Flow Predictor, an indicator of future mergers and acquisitions (M&A) announcements, with a proven track record for accuracy, forecasts a six percent increase in the total number of M&A deals announced globally in 1H 2017 compared to 1H 2016, setting a new record for annual first half global announced deal count.“The fact that...

Could protectionism stop your dealmaking? - Intralinks Deal Flow Predictor report released

The Intralinks Deal Flow Predictor forecasts the volume of future merger and acquisition (M&A) announcements by tracking early-stage M&A activity – sell-side M&A transactions across the world that are in the preparation stage or have reached the due diligence stage. These early-stage deals are, on average, six months away from their public announcement.Along...

​Elementis significantly increases the scale of its personal care business with US$360 million acquisition of SummitReheis

Acquisition adds a high quality business with significant potential for further growth in the attractive personal care segmentElementis plc (“Elementis” or the “Group”) today announces that it has entered into an agreement to acquire SRLH Holdings, Inc. (“SummitReheis”) from an affiliate of One Rock Capital Partners, LLC (“One Rock”)...

Acq Lite

Cat Gently Petting Tiny Frog is the Serene Moment You Need Today

Friendship comes in all kinds of shapes and sized – but these animals buddies are exceptionally different. A curious cat named Rin-chan was recently introduced to an itty bitty green tree frog, and his reaction to the amphibian is surprisingly friendly. Rin-chan ever so gently uses his paw to stroke The post Cat Gently Petting Tiny Frog is the Serene...

8-Year-old Helps Buy New Wheelchair For His Best Buddy When Insurance Fails

If there was any doubt that Kamden Houshan and Paul Burnett would be friends forever, there certainly is not anymore. The soon-to-be 3rd graders do everything together: from munching on McDonald’s happy meals, to playing at the park. The two have been nearly inseparable since they met in kindergarten several The post 8-Year-old Helps Buy New...

4-Year-old Can’t Contain Emotions When He Hears Stepmom Give Special Message During Wedding Vows

Plenty of people are susceptible to tears during wedding ceremonies – but this 4-year-old boy couldn’t contain his emotions when his stepmom gave him a special message during the vows. Senior Air Force airwoman Emily Leehan and U.S. Marine Corps Sergeant Joshua Newville got married in New Jersey earlier this The post 4-Year-old Can’t...

Scotland Blows World Away With Wind Power Equal to 118% of Nation’s Electricity Needs

Scotland has just broken a renewable energy record by generating the equivalent of 118% of the nation’s electricity between January and June – solely through wind power. According to analysis provided by WWF Scotland, this year’s wind power output jumped by 25% compared to the same period in 2015. This The post Scotland Blows World Away...

Text Me Any Masterpiece: Send Museum a Topic and You’ll get Art Work in Answer

This Museum of Modern Art is joining the digital age in a stunningly fun way. The San Francisco museum has just introduced the Send Me SFMOMA: a service that allows you to request an artwork of a specific topic right through your phone. For instance, if you text “Send me The post Text Me Any Masterpiece: Send Museum a Topic and You’ll get Art...