Higher summer bonuses for workers in Japan helped the country’s real wage rise to notch a record high in the last 21 years even though the household spending in the economy dropped the fifth straight month in June. Economists are… Read More ›
Day: August 7, 2018
Mexico Says Major Strides Taken In NAFTA Talks
Mexican Economy Minister Ildefonso Guajardo said on Monday that there have been “very important developments” in the renegotiation of the North American Free Trade Agreement (NAFTA) that was created and approved in 1994 by three countries – the United States,… Read More ›
EU law will protect EU companies operating in Iran from U.S. sanctions
Officials have ascribed the re-clamping of U.S. on Iran as being an unlawful reach beyond U.S. borders. On Tuesday, Alistair Burt, Britain’s minister of state for the Middle East, told BBC radio that it is possible to protect European companies… Read More ›
No direct fallout from renewed Iran sanctions: Nestle
Despite protests from U.S. allies, Washington has reclamped sanctions on Iran. On Tuesday, with the US sanctions being snapped back in place on Iran, Nestle, the world’s biggest food company, stated it does not see a direct fallout as a… Read More ›
Cigna Corp overpaying for acquiring Express Scripts Holding Co: Carl Icahn
The deal, as pointed out by Carl Icahn’s letter to Cigna’s shareholders, has at least two significant areas of concern. On Tuesday, billionaire investor Carl Icahn urged Cigna Corp’s shareholders to vote against Cigna’s $52 billion acquisition of Express Scripts… Read More ›
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