After being shut down for about a year, the iconic travel operator Thomas Cook is back but with a different business model. On Wednesday, the British tour operator re-launched as an online-only venture. One year ago, the company collapsed and… Read More ›
With increasing bilateral tensions between the United States and China, the biggest tech companies from China are expanding their operations in Singapore. It has been reported that their presence in the city state is being increased by Tencent and… Read More ›
Zara’s owner, Inditex, a fashion retailer, has reported quarterly profits in the three months from May to July even as Wuhan corona virus-wary consumers stayed away from city center shopping districts; sales however were down by 31%, compared to the… Read More ›
In a significant development, the World Trade Organization found that U.S. trade tariffs on China were in breach of global trading rules. In a statement, the Trump administration said, its more than $200 billion trade tariffs on China was justified… Read More ›
On Wednesday, in a statement Swiss private Julius Baer said, it is in advanced negotiations with the U.S. Department of Justice over alleged money laundering and corruption involving FIFA; the development is likely to lead to a double-digit million U.S…. Read More ›
In an internal memo, JPMorgan Chase & Co’s Chief Executive Officer Jamie Dimon said, it is adding 6 new members to its operating committee. The addition includes Teresa Heitsenrether, the global head of securities services, Thasunda Brown Duckett, chief executive… Read More ›
