The development assumes significance because it essentially diversifies PIF’s sources of funds and it provides it with much needed financial muscles in its efforts to bring about Saudi Arabia’s Vision 2030 plan, which aims to diversify the Kingdom’s markets and… Read More ›
Amazon has opened one innovation center in Busan in South Korea in 2016 and two regional ones in China. On August 10, the US retailing giant announced to open the latest one on eth suburbs of Taipei. The innovation centers… Read More ›
According to a new report in Business insider, there is a boom currently7 in the legal marijuana market in the U.S. – so much so that it is fast catching up with the market for beer and wine. “The legal… Read More ›
The FSA stated it has directed the country’s prosecutors to investigate whether the small bank complied with the country’s money laundering act. On Thursday, Denmark’s financial watchdog stated it has directed the state prosecutor to investigate Copenhagen Cooperative Bank for… Read More ›
Saudi Arabia has denied previous media reports that it has called off Aramco’s IPO. A careful reading of the statement by the Saudi Press Agency suggests that Aramco’s IPO may have been postponed and not entirely canceled. Saudi Arabia’s energy… Read More ›
The results of the survey by XpertHR is likely to be of interest to the country’s central bank, which has repeatedly downgraded its forecasts for wage growth after pay growth failed to accelerate significantly. According to the results of a… Read More ›
Germany is set to recognize the third sex and has coined the term “diverse” which has been approved for official identification of people of the third-gender and the term essentially means “other” or “various” and can be reversed at any… Read More ›
The question of whether the Trump administration would impose high tariffs on the import of European cars into the United States is not clear yet. And two seemingly contradictory episodes that took place on Tuesday apparently increased the ambiguity of… Read More ›
Earlier this month, the U.S. Federal Trade Commission (FTC) had demanded that Line sell off more assets than it had previously anticipated; the FTC also wanted prospective buyers to meet certain requirements. In a warning to investors, Linde has disclosed… Read More ›
The $26 billion plan aims to overhaul the country’s tax structure by placing taxes paid by conventional companies on par with their more modern peers. Digital companies which will be effected by the move include Uber and Netflix. Chilean President… Read More ›
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