Author Archives

• Germany’s Green Party supportive of industry aid in transitioning towards green economy

  By admin1 on June 13, 2021 • ( 0 )

  

  In a statement, Annalena Baerbock, the head of Germany’s Green Party said, it will seek to support the country’s industry’s aim to slash carbon emissions by ensuring that the state helps meet additional costs companies incur. She went on t… Read More ›

• Vertical Aerospace goes public through SPAC, deal valued at $2.2 billion

  By admin1 on June 11, 2021 • ( 0 )

  

  In a statement, electric vertical takeoff and landing aircraft (eVTOL) maker Vertical Aerospace said, it will go public through a merger with a blank-check firm in a deal valued at $2.2 billion. So far the company has pre-orders for up… Read More ›

• China’s auto sector stumbles by 3% in May, outlook remains cautiously positive for full year

  By admin1 on June 11, 2021 • ( 0 )

  

  For the first time in 14 months, vehicles sales in China fell by 3% in May 2021, compared to the same period a year earlier, according to industry data released on Friday. Data from China Association of Automobile Manufacturers (CAAM)… Read More ›

• Domino’s Pizza Group’s CFO to join pubs and hotels chain Fuller, Smith & Turner as Finance Director

  By admin1 on June 11, 2021 • ( 0 )

  

  On Friday, Domino’s Pizza Group said, Neil Smith, its CFO will be leaving the company to join Fuller, Smith & Turner, a pubs and hotels chain, as its finance director. Smith is expected to join Fuller, Smith & Turner by… Read More ›

• China passes law to counter foreign sanctions

  By admin1 on June 10, 2021 • ( 0 )

  

  On Thursday, Chinese state television reported that Beijing has passed a law to counter foreign sanctions. The bill had undergone a secret first review in April, and was passed by China’s top legislature, the National People’s Congress (NPC) standing committee… Read More ›

• UK, US to collaborate on reopening travel industry

  By admin1 on June 10, 2021 • ( 0 )

  

  In a statement the British government said, Prime Minister Boris Johnson and U.S. President Joe Biden are likely to collaborate in opening up the travel sector between the two countries “as soon as possible”. In his first overseas trip, Biden… Read More ›

• Justin Smolkin, Ben Darsney appointed co-heads of Deutsche Bank’s equity capital markets (ECM) in the Americas

  By admin1 on June 10, 2021 • ( 0 )

  

  In an internal memo, Deutsche Bank has named, Justin Smolkin and Ben Darsney as co-heads of equity capital markets (ECM) in the Americas. According to the internal memo, Smolkin, managing director, joined the company in 2017 while Darsney joined in 2010.

• Judicial Court of Paris charges Peugeot with consumer fraud in diesel emission investigation

  By admin1 on June 10, 2021 • ( 0 )

  

  In a statement Stellantis said, a French court has charged its unit, Peugeot, with consumer fraud and ordered the company to provide $36 million (30 million euros) in in guarantees for potential payouts. The charge, part of a diesel emissions… Read More ›

• Rolls-Royce appoints Anita Frew as its chairwoman

  By admin1 on June 9, 2021 • ( 0 )

  

  In a statement Rolls-Royce said, Anita Frew will succeed Ian Davis as the company’s chairwoman on October 1 2021, making her the first woman to chair the British aero-engine company. Davis will be retiring from the company as its chairman… Read More ›

• Bigger mergers will attract higher fees after this proposed bill becomes law

  By admin1 on June 9, 2021 • ( 0 )

  

  In a significant development, the U.S. Senate has passed a bill that aims to increase the fees that companies would have to pay government antitrust agencies in case of large mergers. As a result, these government agencies will also have… Read More ›