Two of the top cocoa producers of the world who account for 60 per cent of global supply – Ivory Coast and Ghana, have joined hands to set a minimum floor price for cocoa for chocolate companies in order to… Read More ›
Day: June 28, 2019
EU Ministers To Participate In Cyber War Games To Prepare For Cyber Threat Form Russia And China
Following a number of incidents of cyber hacking from by elements in Russia and China that have caused an obvious alarm among European governments, the European Union now wants to respond to them and is will conduct a war games… Read More ›
UK Could Be Short Of Natural Gas Supply After Brexit
After Brexit, there could be shortage in supply of gas to the UK along with a potential rise in prices, warned an industry leader of the nation. In the eventuality of EU nations prioritizing their own countries during winter cold… Read More ›
IBM’s Acquisition Of Red Hat Approved Unconditionally By European Regulator
The landmark acquisition of open source vendor Red Hat worth $34 billion has been approved unconditionally by the European Commission (EC). The evaluation and approval process of the deal by the executive arm of Europe took just nine weeks to… Read More ›
Carlos Ghosn cancels news conference following concerns raised by his daughters
Although Ghosn’s lawyers did not specify the reasons for cancelling the news conference, earlier in April he had been rearrested after scheduling a news conference. On Friday, lawyers of Carlos Ghosn, the former Chairman of the Renault-Nissan alliance stated, he… Read More ›
Hong Kong steadily losing wealth to Singapore
The steady stream of wealth that is being moved out of Hong Kong to Singapore is due to China’s aggressive posturing on the former British isle. According to sources familiar with the matter at hands, many foreign wealth managers are… Read More ›
China’s Dajia Insurance Group to take over the assets of Anbang Insurance Group
Dajia Insurance Group has a registered capital of $2.97 billion. According to a Chinese government document, Beijing has formed a new company called Dajia Insurance Group in order to take over the assets of Anbang Insurance Group. According to a… Read More ›