Swedbank Fires Chief Executive Following Money Laundering Accusations

In recent time, Swedbank cardinally suspended its CEO Birgitte Bonnesen shortly prior to its annual summit after the lender faced accusations it was engaged in the money laundering activities in the Baltics. In a statement, Lars Idermark—Swedbank’s Chairman—said, “The developments in the last few days have produced a huge pressure for the bank. So, the… Continue reading Swedbank Fires Chief Executive Following Money Laundering Accusations

Survey Shows The U.S. Tech Industry Yet Has A Pay Unfairness Problem

Over half of women in the U.S. technology sector are being compensated less than their male equivalents, according to recent research. The report from Hired—a San Francisco-based recruitment firm—revealed that in 60% of cases women are being given lower salaries compared to men for the same position at the same company. This correlates to 63%… Continue reading Survey Shows The U.S. Tech Industry Yet Has A Pay Unfairness Problem

India’s ASAT Weapon Test May Weaken Its Fight Against Risky Space Debris

In recent time, Narendra Modi—India’s Prime Minister—declared the successful test of India’s ASAT (anti-satellite weapon). During his address to the nation, he emphasized on India’s entry to the league of the global space powers and left out any revelation of the resulting space debris. While this maneuver adds India in the list of the selected… Continue reading India’s ASAT Weapon Test May Weaken Its Fight Against Risky Space Debris

US–China Trade Talks Seem To Be In De-Escalation Phase: Morgan Stanley

Trade negotiations amid the U.S. and China seem to have attained a stage where they appear to be “really functioning line by line on a file,” stated a Morgan Stanley analyst. “Before December, we had been in a repeatedly escalatory environment, but we are presently in de-escalatory surroundings, hopefully directing to the mark of a… Continue reading US–China Trade Talks Seem To Be In De-Escalation Phase: Morgan Stanley