Bayer’s strategic could potentially significantly reduce headwinds revolving around lawsuits stemming from Monsanto’s glyphosate-based weedkiller – Roundup. On Friday, shares of Bayer surged by 11% following a report from Bloomberg that it has proposed to pay $8 billion in order… Read More ›
Month: August 2019
No Deal Brexit Could See Weeks Of Fresh Food Shortage In UK
If there is no deal between the United Kingdom and the European Union before the Britain leaves the block, UK consumers could go for weeks, or even months without some of their favourite fresh foods, warned UK’s food and drink… Read More ›
US-China Trade War Not To Affect Adidas Prices, Company CEO
The price of Adidas shoes for customers would not be impacted by the latest announcement by United States president Donald Trump of 10 per cent tariffs on $300 billion of Chinese goods imported into the country starting September 1, said… Read More ›
Subway’s Comeback Strategy Takes In Fold Beyond Meat As A Partner
The United States based global fast food chain is attempting to stage a turnaround in its fortunes and in this plan it has now involved itself in a partnership with Beyond Meat, one which the fast food company hopes would… Read More ›
Mediation Convention For Settlement Of Trade Disputes Singed By U.N. Members
Amidst the growing incidents of cross border trade disputes and the resultant chaos and bit to the global economy, and agreement was signed by the members of the United Nations on Wednesday called the Singapore Convention on Mediation which aims… Read More ›
Energy prices set to fall by 75 pounds a year in Britain
From October 1, 2019 onwards energy prices in Britain are set to fall following a drop in wholesale power and gas prices. On Wednesday, in a significant development Britain’s energy regulator informed suppliers that they should lower their price cap… Read More ›
Thieves steal gold coins worth $2.5 million from Mexican government coin manufacturer
This was the second such robbery in the same branch, with the robbers walking away after having filled a backpack with 1,567 centenarios worth $2.5 million. According to Mexican security officials, armed robbers have managed to break in to a… Read More ›
China to lift import tariffs on limited agricultural products
On August 6, 2019, China had stated it would stop importing U.S. agricultural products. It now plans on lifting import restrictions on a limited number of items. On Wednesday, China’s Ministry of Commerce stated, it plans on removing import tariffs… Read More ›
Britain looking to seal trade deal with the United States after Brexit
A trade deal with the United States, located in another continents, is likely to be more expensive than one with its neighbor across the pool. On Wednesday, British Foreign Secretary Dominic Raab praised U.S. President Donald Trump and mentioned that… Read More ›
Talks For A Minority Stake In Universal Music Group Ongoing With Tencent
The global music industry is possibly the next stop for the Chinese tech company Tencent. It has been reported that the Chinese firm is in the process of negotiations with Universal Music Group (UMG) for a 10 per cent stake… Read More ›