A United States government report on Thursday has shown a surprising drop in retail sales in the country for the month of December which cast shadows over the economic growth outlook for the country and which would probably induce the… Read More ›
Month: February 2019
Starbucks launches all-day cafe in China
The effort, aimed at expanding its foothold in the highly competitive Chinese market, will see Starbucks competing with local Chinese startups, including Luckin Coffee. On Friday, Starbucks Corp stated it will be launching a new all-day dining cafe in China… Read More ›
Lloyds Bank hires Morgan Stanley’s banker William Chalmers as its CFO
William Chalmers will be replacing outgoing CFO George Culmer, scheduled to leave in June. On Friday, Britain’s biggest mortgage lender Lloyds Banking Group stated, it has has hired William Chalmers, a senior banker at Morgan Stanley, as its new chief… Read More ›
Vietnamese airlines can now fly directly to the United States
The U.S. Federal Aviation Administration has awarded Vietnam with a Category 1 rating. Vietnam’s aviation industry got a huge boost, with the U.S. Federal Aviation Administration declaring the nation’s aviation being in compliance with international safety standards. As a result,… Read More ›
Here is why Britain is a proud nation of shopkeepers
British shops proved their mettle and displayed their resilience in the face of Brexit, with retail sales jumping by a whopping 4.2% in January 2019. Retail sales in Britain rebounded strongly in January with stores, including clothing stores, dishing out… Read More ›
Heavy Taxes Deserved By World’s Wealthiest, Richard Branson
There is a growing number of business elites who raise questions about disparity in wealth distribution in the world and Richard Branson, founder of the Virgin Group stands out among them. Branson, the billionaire entrepreneur known for his philanthropy as… Read More ›
New System Of Screening Foreign Investment Passed In EU Aimed At China
A system that would result in greater scrutiny of foreign investment – notably from China, was passed by lawmakers of the European Union which, according to statements, would help the EU to better protect strategic technologies and infrastructure in the… Read More ›
French President Emmanuel Macron launches stategic electric battery production plan
Countries are waking up to the serious threats posed on over-reliance on Chineese goods and its ramifications on their supply chains. In a significant development French President Emmanuel Macron disclosed, France will invest $790 million (700 million euros) over the… Read More ›
Tesla unveils ‘Sentry Mode’ for its vehicles manufactured after Aug. 2017
Given that 773,139 motor vehicles had been reported as stolen in the United States in 2017, Tesla’s ‘Sentry Mode’ feature makes its offering more attractive to potential buyers. In a development that makes Tesla’s cars more attractive to consumers, Tesla’s… Read More ›
European Commission adds Saudi Arabia to dirty-money blacklist
Britain has opposed Saudi Arabia’s inclusion in the list because of it probably bad for business, especially for the City of London. In a significant development, the European Commission has added a host of countries including Saudi Arabia, Nigeria, Panama,… Read More ›
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