The use of middle men to pursue military sales is having a material impact on Europe’s biggest airplane maker. On Tuesday, Airbus stated it had uncovered serious issues involving the use of sales agents to sell U.S. arms technology. The… Read More ›
Month: October 2017
South Korea and China mend ties ahead of Trump’s visit to Asia
The detente in the relationship comes after China officially delinked the difficult conditions South Korean companies operating in China had to suffer since the spat with South Korea’s Blue House saying “China repeated this stance during discussions, saying difficulties faced… Read More ›
CenturyLink wins FCC approval for its $24 billion acquisition of Level 3 Communications Incs
This merger has set a precedence since with this deal, the FCC has outlined a new standard by which the agency will review future mergers. Telecommunications provider CenturyLink Inc has won regulatory approval for its $24 billion acquisition of Level… Read More ›
Dutch paintmaker Akzo Nobel in early acquisition talks with U.S. Axalta Coating Systems Ltd
As per analysts, although the going is likely to be tough for Akzo, the company is under heightened pressure to deliver given its past behavior and performance. On Monday, Akzo Nobel, the Dutch paints and coatings maker who came under… Read More ›
U.S. Crude oil export boom will test limits of its infrastructure
To tap the booming U.S. crude oil export potential, many port operators are expanding facilities. With U.S. President Donald Trump making sustained efforts at boosting export levels of the country, tankers carrying record levels of crude oil are leaving ports… Read More ›
Britain’s budget surplus promise is unrealistic: Institute of Fiscal Studies
Here’s what the Institute of Fiscal Studies, leading think tank in Britain, has to say on Britain’s post Brexit finances. On Monday, a think tank stated, the noble aims of British finance minister Philip Hammond to have a budget surplus… Read More ›
Envoys from South Korea and China meet to discuss threats posed by North Korea
South Korea, China and Japan have high stakes if the North Korean threat goes north. The economic and humanitarian costs of a confrontation will be significant, especially for South Korea. Officials from South Korea’s foreign ministry are set to meet… Read More ›
Kobe Steel revises downwards its full year profit forecast
In the wake of its widespread data falsification scandal the embattled Japanese steelmaker has taken several steps, including revising its full year revenue forecast. On Monday, Japanese business daily Nikkei reported, embattled Japanese steel company Kobe Steel Ltd, as having… Read More ›
U.K. Departure May Be Eased By EU’s Full Menu Of Non-Brexit Offerings EU’s Full Menu Of Non-Brexit Offerings
As a slew of other big-ticket items starts to fill the EU agenda, gearing up for elections in mid-2019 is the European Union, which has veto power over any Brexit agreement. Making it politically easier for the assembly to approve any… Read More ›
We Still Don’t Know Three Crucial Things About the Aramco IPO
The initial public offering of oil giant Aramco is “on track” for 2018 – was the message that the financiers and corporate chieftains, gathered for Saudi Arabia’s ‘Davos in the Desert’ heard it from the crown prince down to all the… Read More ›
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