By shifting its prime policy target to interest rates from base money at its review next week, the Bank of Japan will consider making negative interest rates the centerpiece of future monetary easing, reported Reuters citing sources. As more than… Read More ›
After Richemont predicted a profit plunge that Chairman Johann Rupert deemed unacceptable and Hermes International SCA abandoned a long-standing forecast, the crisis in the global luxury-goods industry deepened. Richemont, the maker of Cartier jewelry, warned it may have to deepen… Read More ›
Overcapacity and the uncertainty surrounding its future increase the possibility of more of its ships being sold. Three chartered ships have already among the dozen ships belonging to Hanjin Shipping Co Ltd, which are expected to be put up for… Read More ›
If the deal goes through, it could create a superpower of a company will can control the world’s food supply. According to sources familiar with the matter at hand, Monsanto’s board is likely to weigh-in on Bayer AG’s $65 billion… Read More ›
JLR’s investment is stated to be the country’s biggest ever foreign direct investment in its history. Jaguar Land Rover (JLR) has disclosed that it has picked Vces and Takenaka, a a Czech and a Japanese company respectively, as subcontractors for… Read More ›
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