Founder of Chinese tech giant Huawei Ren Zhengfei said that the company is faced with a “live-or-die moment” because of the United States export curbs and hence to tackle the situation, company would be spending more on production equipment this… Read More ›
Day: August 20, 2019
US Should Not Attempt To Seize Its Supertanker Anymore, Warns Iran
A warning to the United States of not trying to seize its oil tanker in the mid seas after being released from Gibraltar was given by Iran. According to shipping data, the oil tanker in question was moving towards Greece… Read More ›
Elanco Animal Health acquires Bayer’s veterinary drugs business for $7.6 billion
The cash and stock deal will see Elanco becoming the world’s second biggest animal health company and expand its footprint in the pet e-commerce space. On Tuesday, Elanco Animal Health stated it would acquire Bayer’s veterinary drugs business in what… Read More ›
French retailer Casino to sell off non-core assets worth $2 billion to reduce debt
This planned sales come on top existing plans to sell non-core assets worth 2.5 billion euros by the first quarter of 2020. On Tuesday, French supermarket retailer Casino stated, it plans on cutting its debt while improving its financial performance… Read More ›
Britain’s NHS off Limits to any future trade deal with the U.S.
Provisions and pricing of drugs are an issue that has to be tablet especially since there could potentially be a shortfall in case of a cliffhanger Brexit. According to a report from the Sun newspaper, British Prime Minister Boris Johnson… Read More ›
U.S.-UK trade deal in the offing
Boris Johnson’s no-deal Brexit stance is pretty obvious to observers. His confidence that the British economy will survive a cliffhanger Brexit probably stems from his hope of clinching a free trade deal with the U.S. British Prime Minister Boris Johnson… Read More ›
Boris Johnson takes aim at Irish backstop in opening salvo
Despite Boris Johnson’s own admission that “Time is very short”, he wants to renegotiate the Brexit deal by October 31. On Tuesday, British Prime Minister Boris Johnson fired his opening salvo at the European Union, as negotiators from both sides… Read More ›