Analysts are witnessing a record inflow of funds from abroad being funneled into Singapore bank accounts midst growing uncertainty into Hong Kong’s status as an Asian financial center. Singapore, a fierce competitor of Hong Kong, for being Asia’s premier wealth… Read More ›
On Thursday, in a significant development, officials from India and Australia said, the two countries are set to seal a military logistics pact during an online summit between Indian Prime Ministers Narendra Modi and Scott Morrison. The pact lays the… Read More ›
According to the results of a survey on large business associations, more than three out of four U.S. human resource executives opine that the work from home trend will continue to be in vogue even after the threat of the… Read More ›
On Wednesday, 3M Co stated, it has appointed General Electric Co’s Monish Patolawala as its chief financial officer. Patolawala will join 3M on July 1. Patolawala, 51, currently serves as GE’s healthcare unit’s CFO. He will be replacing Nick Gangestad,… Read More ›
On Wednesday, BlackRock, the world’s biggest asset manager said, oil stocks, domestic tourism and debt in India and China are investment opportunities in its Asia outlook. With $6.5 trillion of assets under management, BlackRock said, it expects the global economy… Read More ›
In a statement on Tuesday by China Steel Association, the production of iron ore at Brazil’s Vale SA has been unaffected by the coronavirus pandemic which emerged in Wuhan China and the company is sticking to its full year production… Read More ›
On Tuesday, Australia’s biggest gas pipeline operator APA Group said, it has appointed Julian Peck, a senior executive from Morgan Stanley as its head of strategy and commercial units. Peck, who earlier co-led Morgan Stanley’s Australian investment banking arm, will… Read More ›
On Tuesday, French retail giant Carrefour said, it had agreed to purchase food retailer Wellcome Taiwan from Asia’s Dairy Farm. The development will position Carrefour as the second biggest player in Taiwan’s convenience stores market. The deal with an enterprise… Read More ›
On Monday, Make UK, a UK trade body stated, the government should provide direct support to strategic manufacturing sectors and companies, including those in the steel, aerospace, and automotive space, to help through mitigate the coronavirus crisis. As Britain slides… Read More ›
According to a report from the Wall Street Journal citing sources familiar with the matter at hand, Coty Inc is set to announce that its current chairman, Peter Harf, will be replaced by the company’s new chief executive officer, Pierre… Read More ›
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