The newly forged North American Free Trade Agreement (Nafta) has been now formally signed by the US President Donald Trump and appropriate representatives from the other two parties Canada and Mexico. The new or the rehashed deal has been given… Read More ›
While appointing foreign executive in top positions is very uncommon in Japan, the Carlos Ghosn incident could stop it altogether. Appointed in 2001, Brazil born and of Lebanese descent and a French citizen, Ghosn had led the company from the… Read More ›
The initial discord and displeasure surrounding the imbalance of power between Nissan and Renault in their alliance is taking a turn for a diplomatic feud between the countries. Following the arrest of the leader if both the companies and the… Read More ›
British Prime Minister Theresa May faces strong headwinds in her efforts to push the Brexit deal through her divided party and Britain’s parliament. Gerald Darmanin France’s Minister of Customs stated, French companies need to be more prepared to the reality… Read More ›
Paul Polman will be succeeded by Alan Jope, the head of Unilever’s beauty business. Anglo-Dutch consumer goods giant Unilever stated, its CEO Paul Polman will now be retiring. The move comes less than two months after the company had a… Read More ›
The move is part of a broader push aimed at enhancing shareholder’s value and can be attributed to Elliot Management’s pressure on the South Korean tech giant. On Friday, Samsung Electronics Co Ltd disclosed it will be cancelling its shares… Read More ›
The Elliot Management-backed move, will boost shareholder’s return. The buyback will include common and preferred stocks. On Friday, Hyundai Motor Co stated, it would spend $228.3 million (255 billion won) to buyback its common and preferred stocks so as to… Read More ›
A significant chunk of this investment will be channelized towards developing electric and hybrid cars. Fiat Chrysler has pledged to spend at least $5.7 billion (5 billion euros) on developing new models, including engines, in Italy between 2019 to 2021;… Read More ›
In the United Kingdom, there has been a significant drop in advertising revenues for traditional media such as TV and newspapers and now the UK advertising industry is pinning its hopes on increased spend on digital media giants such as… Read More ›
The developing countries were praised for their role in global growth by UN Secretary-General Antonio Guterres. The global body is preparing to hold as South-South conference. In recent year, more than half of all global growth has been accounted for… Read More ›
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