Analysts have said the potentially 16.7 billion will see the “health and hygiene” company move into “infant nutrition” which isn’t such a big leap considering the grey area between healthcare and food. The Reckitt Benckiser Group Plc, best known for… Read More ›
Month: February 2017
Beijing may Reap Rewards as Trump Sows Tensions with Mexico,
China may emerge as the victor as a public and bellicose battle with the Mexican government is waged by President Donald Trump. As Trump presses Mexican President Enrique Peña Nieto to finance construction of a border wall and threatens to renegotiate the North… Read More ›
May Warned of Fights Ahead as Brexit Law Passes First Test
After they grudgingly backed her plan to trigger Brexit negotiations by the end of March in its first test in Parliament, U.K. Prime Minister Theresa May faces a battle with pro-European lawmakers in her Conservative Party. To allow May to… Read More ›
Samsung launches Samsung Pay Mini
While Samsung Pay allows its users to make offline credit or debit card transactions through its Android powered devices, Samsung Pay Mini allows its South Korean users, to transact online, using its devices. In a significant development, South Korean electronics… Read More ›
Samsung considering building a home appliances manufacturing plant in the U.S.
Although the Trump Administration has not specifically targeted any South Korean company, many have preemptively announced potential investment plans to ward-off criticism. Potential investments plans could however sour stemming from risks from the Trump administration’s trade policies. According to a… Read More ›
Theresa May clears first legislative hurdle with her Brexit plans intact
With a clear majority, this first step was expected to be smooth sailing. In the next, she will have to move more deftly so as to not expose her Brexit strategy before negotiations begin. In a significant first step that… Read More ›
Unfair Standards Keep its Credit Rating Below China’s, says India
Asking why Asia’s third-largest economy has been denied an upgrade even as growth and fundamentals improve, India questioned the methodology used by global rating agencies. “Rating agencies have inconsistent standards,” Arvind Subramanian, chief economic adviser at the Finance Ministry, told reporters in New… Read More ›
China Mainland Police Seize Chinese Billionaire from Hong Kong
The Chinese public security agents reportedly abducted a Chinese billionaire with connections to top Beijing leaders from the Four Seasons Hotel in Hong Kong and taken to the mainland, the media reported quoting two people familiar with the investigation. As Chinese President… Read More ›
SAP’s former CEO to be Siemen’s next chairman
By 2018 Jim Hagemann Snabe is likely to reduce his supervisory board positions and be Siemens chairman. Germany’s top engineering group, Siemens has proposed that Jim Hagemann Snabe, the former Co-CEO of SAP be its next chairman, ahead of its… Read More ›
Trump’s protectionism is an opportunity for Germany
In an increasingly connected world closing borders and trade routes is essentially self-defeating. German officials have suggested to their government that this is a classic watershed moment to invest in deepening the country’s trade ties with Asia and South America…. Read More ›