There are chances that the rates of banking interest in the United Kingdom could get raised earlier than is being expected by the market, warned the governor of the Bank of England (BoE) during his quarterly BoE inflation report speech…. Read More ›
Day: February 9, 2018
Didi Teams Up With Softbank To Enter Japanese Taxi Industry
The Japanese taxi industry is going to be the new foreign market for Chinese ride hailing company Didi Chuxing as the company announced that it is planning to get into an agreement with the Japanese investment institution Softbank for setting… Read More ›
L‘Oreal willing to buy Nestle’s 23% stake in its company, if it decides to sell: L‘Oreal’s CEO
Jean-Paul Agon, L‘Oreal CEO made these comments while releasing the firm’s 4th quarter results. On Friday, L‘Oreal Chief Executive stated, the French cosmetic giant is ready to purchase Nestle’s 23% stake in the firm if Nestle decides to sell it…. Read More ›
South Korea weighs its options after call for help from General Motors Korea
Detroit based carmaker is facing strong headwinds in South Korea. Persistent remours have fueled talks of a pullout. On Friday, South Korea’s finance minister stated the country is weighing several options vis-a-vis General Motors Co’s operations in the country following… Read More ›
Qingdao Haier Co Ltd likely to launch D-shares in Frankfurt
Through the launch of these D-shares at the infant Frankfurt-based China Europe International Exchange (CEINEX), Chinese companies are expanding their foothold in Europe and flanking the U.S., where the Trump Administration, increasingly aware of China’s designs, is taking steps to… Read More ›
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