According to an EU official involved in the negotiations to secure COVID-19 vaccines for the bloc, the European Union could potentially pay more than $10 billion to secure hundreds of millions of doses of vaccine candidates developed by Pfizer-BioNTech and… Read More ›
In a development that highlights the challenges facing Britain, the country’s finance minister Rishi Sunak has borrowed a record $285 billion (215 billion pounds) in the first seven months of this financial year as he prepares his war chest to… Read More ›
According to the prospectus to the planned merger of Fiat Chrysler with PSA, the tie-up will include a loyalty share scheme which rewards long-term investors in the new group and help prevent future takeover attempts. In December 2019, car maker Fiat… Read More ›
Mark Tucker, the chairman of HSBC has called on European banks to become more efficient while raising the possibility of branch closures and potential mergers in the banking industry. Tucker made these comments while speaking at a banking conference wherein he… Read More ›
Japanese car maker Nissan has warned that Britain’s biggest car plant “will not be sustainable”if there is no deal Brexit with the deadline of the final exit of the United Kingdom from the European Union draws near. There will be… Read More ›
It is possible to avoid fresh complete lockdowns in Europe, believes that World Health Organization (WHO) as a large swath of the continent is hit with a second wave of the novel coronavirus pandemic and many countries already announcing and… Read More ›
Its “super-sized” will be opened up to a greater extent economy to import more high-quality goods and services, said Chinese president Xi Jinping. He also said that free trade deal wil be signed by China with more countries. Xi made… Read More ›
On Thursday. British trade minister Liz Truss said, Britain is determined to enter into a trade agreement with Canada before the end of this year thus underscoring the notion that both countries could enter into subsequent agreements after securing this… Read More ›
On Thursday, in a significant development, Chinese President Xi Jinping stated, Beijing will reduce its tariffs and expand imports of high-quality goods and services; he also vowed to push reforms and promote an innovation-driven growth model. The development comes in… Read More ›
On Thursday, ailing German multinational conglomerate Thyssenkrupp AG said, it plans on cutting 5,000 jobs in order to ease the impact of the coronavirus, which emerged from Wuhan, China, from its businesses. “We’re not yet where we need to be. The… Read More ›
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