Author Archives
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EU Said to Rule Out U.K. Trade Talks Before Brexit Bill Deal
Until Theresa May agrees to settle Britain’s financial commitments to the bloc, European Union officials are ruling out any discussions with U.K. Prime Minister Theresa May over a post-Brexit trade deal. In the best-case scenario it may take until early… Read More ›
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Thai Oil Giants Hunt For Investments And Are Armed With $11 Billion
Nearly $11 billion combined in cash and marketable securities, such as bonds and other short-term investments are lying with Thailand’s PTT Exploration & Production Pcl and its parent company. And according to Chief Executive Officer Somporn Vongvuthipornchai, in order to rescue… Read More ›
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The Beijing-Seoul Fallout Will Benefit These Counties
As China uses its considerable soft power to push its neighbors when it feels national interests are threatened, geopolitical tensions in East Asia have escalated in the last year. And according to analysts, to turn their fortunes around, now those countries… Read More ›
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$65 Bln In Deals Eyed By China And Saudi Arabia As The Saudi King Visits
As the world’s largest oil exporter looks to cement ties with the world’s second-largest economy, Saudi Arabia’s King Salman oversaw the signing of deals worth potentially $65 billion on the first day of a visit to Beijing. Embarked on a… Read More ›
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Media Expert Calls For The The Advertising Industry To ‘Cut Off The Air Supply To Fake News’
Attempts to reach mass audiences via digital automated ad placement that may support fake news sites, should be refrained from by the advertisers and the broader ad industry, a media professor has made this call. “[Advertisers] have to cut off… Read More ›
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Chip Shares As Collateral For Loans Offered By Toshiba : Reuters
To secure debt refinancing, shares in its memory chip unit to creditors as collateral I being offered by Japan’s crisis-racked Toshiba Corp, reported the news agency Reuters citing people briefed on the matter. A day earlier, the conglomerate said it… Read More ›
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To Make Ocean Tankers Greener And To Cut Fuel, Spinning Sail’ Rebooted
While interacting with the wind rotating columns fixed to ship’s deck cold save up to 10 percent of fuel now even as they were invented a century ago. In a step that could lead to more environmentally friendly tankers worldwide,… Read More ›
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As Political Risks Spike, Sterling Hits Second-Lowest Point Since Brexit Vote
As unfolding political developments added to concerns over the outlook for the U.K., sterling is hovering around its second lowest level against the U.S. dollar since last June’s vote to leave the European Union (EU). Parliamentary approval to trigger Article… Read More ›
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British Minister Says A Brexit Back UP Plan Ready If Talks Fail
Britain’s Brexit minister David Davis said on Sunday that in the unlikely event it has to walk away from divorce talks with the European Union without a deal the country is drawing up contingency plans to mitigate the issues that… Read More ›
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China Reins In Overseas Investment After $225 Billion in Deals Last Year
In a record-breaking number that signaled to the world that Chinese business leaders were hot to haggle, China struck $225 billion in deals to acquire companies abroad last year. Now, China is telling some of its companies to cool it… Read More ›
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