Author Archives

• Akira Marumoto to replace Masamichi Kogai as Mazda Motor Corp’s CEO

  By admin1 on May 11, 2018 • ( 0 )

  

  Masamichi Kogai will now become Mazda Motor’s chairman. On Friday, Mazda Motor Corp stated, Masamichi Kogai, its CEO and president, would be stepping down from office. Akira Marumoto, who currently serves as the company’s vice president and overseas its operations… Read More ›

• Poland chooses green energy over nuclear

  By admin1 on May 10, 2018 • ( 0 )

  

  Poland decision is likely to enable it to meet EU’s CO2 emission reduction targets, and improve its ties with Brussels while creating green energy jobs in the country. According to sources familiar with the matter at hand, Poland’s state-controlled PGE… Read More ›

• GM to make South Korea its Asia-Pacific hub

  By admin1 on May 10, 2018 • ( 0 )

  

  This preliminary deal essentially sets the foundation for Detroit-based General Motors landmark deal, to be signed on May 11 with the South Korean government, which will see it set up its Asia-Pacific HQ in the country. The deals are aimed… Read More ›

• Apple drops data centre plans in Ireland

  By admin1 on May 10, 2018 • ( 0 )

  

  Apple has cited delays in the approval process as the reason for its decision. On Thursday, Apple stated it will not go ahead with its planned data center in Athenry, Ireland, due to delays in the planning approval process. In… Read More ›

• Royal Bank of Scotland agrees to pay $4.9 billion to settle probe by the U.S. Justice Department

  By admin1 on May 10, 2018 • ( 0 )

  

  The bulk of the $4.9 billion settlement amount has already been provisioned for; as for the balance amount of $1.44 billion, RBS has agreed to take an incremental charge in 2018’s second quarter. The Royal Bank of Scotland Group Plc… Read More ›

• Will study impact of U.S. withdrawl from Iran nuclear deal: Airbus

  By admin1 on May 9, 2018 • ( 0 )

  

  Both Airbus and Boeing have commercial ties with IranAir. With U.S. President withdrwawing the United States from the deal, compliance to sanctions and export control regulations have suddenly become very complicated. European airplane maker Airbus stated, it will study the… Read More ›

• Japanese HR services provider Recruit Holdings Co acquires Glassdoor Inc for $1.2 billion

  By admin1 on May 9, 2018 • ( 0 )

  

  The acquisition will enable Recruit to expand its reach in the U.S. job market. On Wednesday, Recruit Holdings Co, a Japanese HR services provider disclosed it will acquire Glassdoor Inc for $1.2 billion. The move will enable Recruit to tap… Read More ›

• Shares of major French companies feel the tremors of U.S. withdrawal from Iran nuclear deal

  By admin1 on May 9, 2018 • ( 0 )

  

  The U.S. withdrawal has made dealing with Iran more complicated for EU companies which have business ties to Iran. With U.S. President Donald Trump withdrawing the United States from a nuclear deal with Iran, shares of major French companies, which… Read More ›

• Avast cuts price expectations from its IPO

  By admin1 on May 9, 2018 • ( 0 )

  

  Avast’s share offering is slated to be one of the biggest tech IPOs to hit Britain. On Wednesday, Avast stated it has reduced reduced its price expectations for its landmark initial public offering (IPO) to 250-270 pence a share, down… Read More ›

• Japan’s Takeda Pharma set to acquire Shire for $61.5 billion

  By admin1 on May 8, 2018 • ( 0 )

  

  The deal, one of the largest in the pharma industry, will place Takeda Pharma into the top ranks of global drugmakers. On Tuesday, in a strategic move Japan’s Takeda Pharma stated it has agreed to acquire London-listed Shire for $61.50… Read More ›