Author Archives

• China launches anti-dumping probe of meta-Cresol from the U.S., EU and Japan

  By admin1 on July 29, 2019 • ( 0 )

  

  Meta-Cresol is an organic compound typically extracted from coal tar that is used to make pesticides and other chemical products. On Monday, China said it has launched an anti-dumping investigation into the import of meta-Cresol, an organic compound typically extracted… Read More ›

• 3M discloses potential violation of U.S. Foreign Corrupt Practices Act in regulatory filing

  By admin1 on July 27, 2019 • ( 0 )

  

  3M chanced on certain funding and marketing related efforts in business groups in China, in its own internal investigation. It is cooperating with the U.S. Department of Justice and the Securities and Exchange Commission. In a significant development, 3M Co… Read More ›

• Trump target China’s ‘developing nation’ at the WTO

  By admin1 on July 27, 2019 • ( 0 )

  

  How can China be a developing nation when its GDP is the second largest in the world ? In a development that will have major repercussions on the Chinese economy, U.S. President Donald Trump has pressed the World Trade Organization… Read More ›

• U.S. Justice Department approves T-Mobile’s merger with Sprint

  By admin1 on July 27, 2019 • ( 0 )

  

  T-Mobile’s $26 billion bid to acquire rival Sprint Corp has been approved by the U.S. Justice Department. The breakthrough comes after the deal was caught for more than a year in regulatory limbo. In a significant development, the U.S. Justice… Read More ›

• U.S. regulators increases oversight on resolution plans for foreign banks

  By admin1 on July 27, 2019 • ( 0 )

  

  Resolution plans, also known as living wills, require large banks to detail how they could be unwound in cases of bankruptcy with minimal disruption to the financial system. In a significant development, U.S. bank regulators stated they have not found… Read More ›

• Climate Action Rebate Act could generate $2.5 trillion in 10 years

  By admin1 on July 25, 2019 • ( 0 )

  

  Plans are afoot to get bipartisan backing for this bill. On Thursday, two Democratic U.S. senators are set to unveil a bill which aims to reduce climate change by slapping a fee on oil, natural gas and coal; the bulk… Read More ›

• Daimler not currently pursuing merger or spin-off plans

  By admin1 on July 25, 2019 • ( 0 )

  

  There is currently no plan to change Daimler’s capital structure, said Daimler’s CEO.

• Philippines’ Jollibee Foods Corp acquires Coffee Bean & Tea Leaf for $100 million

  By admin1 on July 24, 2019 • ( 0 )

  

  Jollibee Foods Corp is the biggest fastfood chain in the Philippines. On Wednesday, Philippines’ Jollibee Foods Corp stated it is in the process of acquiring Coffee Bean & Tea Leaf, a U.S. brand, for $100 million. In a financial disclosure… Read More ›

• KKR & Co acquires Arnott’s Biscuits for $2.2 billion

  By admin1 on July 24, 2019 • ( 0 )

  

  Arnott’s Biscuits is a brand that belongs to Campbell Soup Co. This is the second time in a week, that an offshore business has acquired an Australian food and drink business. According to a report from the Australian Financial Review,… Read More ›

• EU will retaliate if US slaps tariffs on EU car exports

  By admin1 on July 24, 2019 • ( 0 )

  

  The EU has made it lucidly clear that it will retaliate with $39.1 billion of U.S. goods if Washington was to go ahead with its threat to impose tariffs on EU car exports. In a warning to Washington, the European… Read More ›