With increasing tensions between Australia and China, regulators in Beijing have put up another hurdle in front of Australian winemakers. After a complaint from the China Wine Industry Association, an anti-subsidy investigation of some wine imports from Australia has been… Read More ›
Billionaire investor Warren Buffett has chosen Japan’s five biggest trading houses to invest $6bn. These conglomerates have arrange of businesses in everything – ranging from importing food and textiles to the technology and manufacturing industries. Analysts view this move by… Read More ›
According to sources familiar with Exxon Mobil Corp’s operations, the oil giant has restarted it’s small crude distillation unit (CDU) and gasoline-producing fludic catalytic cracker (FCC) at its 369,024 barrel-per-day (bpd) Beaumont, Texas, refinery. The 110,000-bpd Crude A CDU and… Read More ›
According to the Irish finance minister, a deal between Europe and the United States on the issue of new tax arrangements for digital giants could be had in 2020 itself. There is a disagreement between countries – especially between the… Read More ›
The failure of the social media platform Facebook to remove a page that encouraged armed Americans to take to the streets of Kenosha, Wisc, was because of an “operational mistake”, admitted the company’s CEO Mark Zuckerberg. Zuckerberg acknowledged in a… Read More ›
Following a record drop in economic sentiment in March and April because of the impact of the novel coronavirus pandemic induced lockdowns, the sentiment in Euro zone grew in August for the fourth consecutive month. This was revealed in a… Read More ›
Sanctions against Turkey are being prepared by the European Union in response to Turkey’s dispute in the eastern Mediterranean with Greece and the sanctions are likely to be discussed t the next meeting of the bloc later in September, according… Read More ›
A key insight for China Inc about what the policies towards China of the next President of the United States could look like was available during the Democratic and Republican National Conventions. China Inc has been caught in the rocky… Read More ›
In a deal that surprised the market, a British music tech startup has acquired one of the pioneers of the music streaming industry Napster. Rhapsody International, which operates as Napster and is owned by Nasdaq-listed RealNetworks, will be taken over… Read More ›
In its efforts to protect itself from possible future waves of the coronavirus pandemic, billions more in cash by selling assets is being raised by one of the biggest tech investors of tee world – SoftBank. It is now set… Read More ›
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