Author Archives

• Israel’s sign gas export deal with Egypt

  By admin1 on November 4, 2019 • ( 0 )

  

  Israel will start exporting gas to Egypt from January 2020. In a regulatory filing in Tel Aviv, Israel’s Delek Drilling stated, shares have been transferred to buyers in a joint venture called EMED between Texas-based Noble Energy and Delek wherein… Read More ›

• Asia likely to become world’s largest trade bloc in February 2020

  By admin1 on November 4, 2019 • ( 0 )

  

  The Pan-Asia Regional Comprehensive Economic Partnership (RCEP) is unlikely to be signed during the ASEAN summit in Bangkok, Thailand. Negotiators aims to sign the pact in February 2020. According to a spokeswoman from Thailand’s government, a trade deal by Asian… Read More ›

• David Howson named CEO of stock exchange operator Cboe Global Markets

  By admin1 on November 1, 2019 • ( 0 )

  

  Mark Hemsley, President of Cboe Europe, would be retiring from the company at the end of February. Howson has been named as his successor. On Friday, stock exchange holding company Cboe Global Markets stated, Mark Hemsley, President of Cboe Europe,… Read More ›

• Hong Kong’s economy falls into a recession

  By admin1 on October 31, 2019 • ( 0 )

  

  Hong Kong, Asia’s financial hub, is likely to see a large outflow of capital moving to Singapore. On Thursday, according to preliminary goverment data, for the first time since the 2007-2009 global financial crisis, Hong Kong, weighed down by an… Read More ›

• Brexit contributing to slowdown in British car manufacturing

  By admin1 on October 31, 2019 • ( 0 )

  

  Already hit by falling sales in China, and from the U.S.-China trade war, the automotive industry is going through a turbulent time. On Thursday, an industry body in Britain disclosed, British car production has dropped by an annual 3.8% in… Read More ›

• Toshiba sues former employee for fraud

  By admin1 on October 31, 2019 • ( 0 )

  

  Following detection of fraudulent transactions, Toshiba has filed a lawsuit against a former employee at its U.S. unit. On Thursday. Toshiba Corp said it has filed a lawsuit against a former employee of a U.S. unit for conspiring with a… Read More ›

• Fiat Chrysler and Peugeot set to merge to create world’s 4th largest automaker

  By admin1 on October 31, 2019 • ( 0 )

  

  The boards of both companies hve agreed to the merger and a binding MOU is set to be signed in the coming weeks. On Thursday, in a joint statement, Peugeot’s owner PSA and Fiat Chrysler stated, they would merge by… Read More ›

• Aramco’s IPO likely to be launched on Nov 3: sources

  By admin1 on October 30, 2019 • ( 0 )

  

  The IPO, which is likely to be upwards of $20 billion, will be one of the biggest ever public offerings to hit the market. On Wednesday, in a statement Saudi Arabia’s energy minister said, the initial public offering (IPO) for… Read More ›

• Amazon pumps in more than $600 million into its Indian subsidiaries

  By admin1 on October 30, 2019 • ( 0 )

  

  Amazon has not clarified how and where it will utilize the money. Documents filed with the Registrar of Companies show that U.S. retailer, Amazon.com Inc has invested $634.20 million (around 45 billion rupees) into its Indian subsidiaries. Clearly, Amazon is… Read More ›

• Britain’s House of Commons approves Boris Johnson’s snap elections

  By admin1 on October 30, 2019 • ( 0 )

  

  The snap election gamble could see Johnson’s political career in the same place as that of his predecessor Theresa May. With just two days to go before Brexit’s deadline of October 31, Boris Johnson’s “do or die” promise to deliver… Read More ›