Gold Silver Reports (GSR) – Supreme Court Halts Reliance Communication Asset Sale – Shares of the debt-ridden company fall as much as 4.7 percent after the apex court halted its asset sale. HSBC Daisy Investments and other minority shareholders had moved Supreme Court against National Company Law Appellate Tribunal (NCLAT)’s order that allowed State Bank of India-led bankers to sell mortaged assets of Reliance Infratel, the tower unit of Reliance Communications.
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How the U.S. and Allies Attacked Syria
Gold Silver Reports (GSR) – How the U.S. and Allies Attacked Syria – As images of sick or dying children flooded global media all week, the U.S. guided-missile destroyer USS Winston Churchill churned toward the Mediterranean to join a flotilla of allied warships, including another U.S. destroyer, the USS Donald Cook.
Trump Announces Missile Strikes Against Syria
Gold Silver Reports (GSR) – Trump Announces Missile Strikes Against Syria — Trump said the missile strikes, which were focused on chemical weapons sites, would be carried out in coordination with France and the U.K. and he made clear that the U.S. is prepared to sustain the strikes until Syria stops using chemical weapons.
India Moves to Reduce its Reliance on Russia’s Defense Imports
Gold Silver Reports (GSR) – India Moves to Reduce its Reliance on Russia’s Defense Imports — India’s defense scientists have developed a new indigenous system that identifies missile targets to replace the Russian-developed seeker on all future BrahMos, Sudhir K. Mishra, the chief executive officer of BrahMos Aerospace said.
Inside the World’s Most Profitable Company
Gold Silver Reports (GSR) – Inside the World’s Most Profitable Company – Now, a first glimpse of the state oil giant’s finances shows Aramco churned out $33.8 billion in net income the first six months of 2017, easily outstripping U.S. titans like Apple Inc., JPMorgan Chase & Co. and Exxon Mobil Corp.
Deutsche Bank Taps the Brakes on Its Global Ambitions
Gold Silver Reports (GSR) – Deutsche Bank Taps the Brakes on Its Global Ambitions – It’s been reorganized and recapitalized, refocused and rebooted. For the better part of a decade, Deutsche Bank AG has been trying to retool itself for a tamer era of more regulation and less risk-taking. Now, as Germany’s biggest lender installs yet another chief executive officer, it’s facing the same old existential question: Should it focus more on rebuilding its domestic banking franchises, rather than continue trying to be Europe’s world-beating answer to Goldman Sachs Group Inc.?
WhatsApp May be Sharing your Payments Data with Facebook
Gold Silver Reports (GSR) – WhatsApp May be Sharing your Payments Data with Facebook — Based on the Unified Payments Interface (UPI) platform, WhatsApp launched payments on trial for some of its users in February. It is expected to introduce the service to all its users soon.