This business processes the work benefits of roughly 15% of the current U.S. population. As per people familiar with the matter at hand, Blackstone Group LP has agreed to acquire Aon Plc’s employee benefits outsourcing business for nearly $4.8 billion…. Read More ›
Month: February 2017
UK plans on removing a major hurdle facing self-driving vehicles
Britain’s transportation minister is set to make self-driving friendly insurance rules, a fact which could nurture the nascent industry which globally has been valued at $1.1 trillion by 2025. In what is likely to be a major strategic shift to… Read More ›
Donald Trump needs to tackle China on trade tariffs: U.S. ethanol and grain producers
China, one of the biggest importers of U.S. agricultural products, has imposed punitive tariffs on U.S. agricultural produce which has resulted in the cancellation of several orders. Three industry groups in the U.S, who represent U.S. grain growers and ethanol… Read More ›
Scottish government to demand a 2nd independence referendum
The Courier Newspaper in Dundee has reported that British Prime Minister Theresa May is secretly working on a strategy to deal with Scotland’s demand for a second independence referendum. In a significant development for the UK, the Scottish government has… Read More ›
Singapore Airlines likely to order from Boeing for expanding its fleet of passenger aircrafts
If the order comes through, Boeing will have to up its game and significantly reduce delivery delays which has been plaguing it for a while now. Alternatively, a bigger capacity aircraft should make more economic sense. Bloomberg has reported citing… Read More ›
Analysts say Markets Almost Ready for any European Crisis
As several key elections approach and issues surrounding sovereign debt remain, there are increased concerns over the future of the European Union. Amid market nervousness that Europe could be back in a state of crisis, Italian, French and Greek government… Read More ›
Carlsberg CEO: Despite Russia’s Ban on Big Bottles, 2016 was a ‘Good Year for Carlsberg’
While Carlsberg’s chief executive remains confident on the company’s overall results and future, and as the Danish drinks giant comes to grips with difficult market conditions in Eastern Europe, even as its fourth-quarter sales may have missed expectations. “At the… Read More ›
Bitcoin Exchanges Reportedly Called for Talks by China Central Bank
Heightening concerns that regulators will tighten their oversight of trading in digital currencies, China’s central bank is holding a closed-door meeting with several domestic bitcoin exchanges on Wednesday, sources reportedly familiar with the matter said. The sources have confirmed to several media… Read More ›
Drinking More Wine Than Ever are Working Women in Japan
Grape growers, 10,000 miles away from Japan are cheering by Japan’s swelling ranks of working women. The biggest beneficiary of Japan’s booming wine market is Chilean vintners. Women in their 40s and 50s, who have helped boost wine consumption to… Read More ›
Japan likely to announce U.S. investment plan during Shinzo Abe’s U.S. visit
The $7 billion investment plan by Sharp Corp is aimed at smoothening U.S.-Japan ties. A source with knowledge of the matter has revealed that Sharp Corp is likely to build a $7 billion plant during the first half of this… Read More ›