Author Archives
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The proposed tax bill is likely to undergo change before it becomes law
The likelihood of the Republican tax bill undergoing change is high since the House tax bill aims to not only cut taxes, which by itself is hard, but is also taking on provisions that are specific to certain industries, which… Read More ›
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London’s direct rule over Northern Ireland fraught with significant risks
British Prime Minister Theresa May’s minority government, depends on Northern Ireland’s Democratic Unionist Party (DUP) to pass legislation in Parliament. In a significant development, for the first time in a decade, the British government is set to impose a budget… Read More ›
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U.S. President Donald Trump expected to name Jerome Powell as the next chairman of the Federal Reserve
Here’s how Powel’s appointment could impact the U.S. economy as well as the strength of its currency. On Thursday, U.S. President Donald Trump is expected to nominate Jerome Powell, the Federal Reserve’s Governor as the next chairman of the U.S…. Read More ›
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Samsung Electronics appoints Roh Hee-chan as its CFO
Roh appointment forms part of a larger series of top appointments at Samsung Electronics which has resulted in newer younger generation coming to the helm in one of Asia’s biggest conglomerate. On Thursday, Samsung Electronics Co Ltd decided to name… Read More ›
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Transparency bill could significantly impact Novo Nordisk’s business
Warning against excessive transparency, Novo Nordisk said the upcoming transparency bills could impact its growth potential in key markets. On Wednesday, drugmaker Novo Nordisk warned that the new legislation being prepared in some states in the U.S. which are aimed… Read More ›
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Citigroup’s $150 million pretax gain equates to its yearly revenue from its Hilton cards portfolio
The company has sold its credit card business, which is co-branded with Hilton hotels, to American Express. Citigroup Inc has disclosed that it expects a record a $150 million pretax gain on the sale of its $1.2 billion credit card… Read More ›
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Wal-Mart’s holiday shopping strategy revolves around boosting the shopping experience
Here’s how the world’s biggest brick-and-mortar store retailer plans on keeping its cash counters singing during the crucial U.S. holiday shopping season. With the nearing of the annual holiday shopping season, Wal-Mart Stores Inc is planning on boosting its sales… Read More ›
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The rebuilding of Iraq is a an opportunity for builders and developers
The World Bank has approved a further $400 million for rebuilding areas captured from Daesh. In a development that is likely to be lucrative for builders and developers, a statement from the World Bank said it has approved $400 million… Read More ›
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Widening corruption scandal at Airbus spreads across the Atlantic to the U.S.
The use of middle men to pursue military sales is having a material impact on Europe’s biggest airplane maker. On Tuesday, Airbus stated it had uncovered serious issues involving the use of sales agents to sell U.S. arms technology. The… Read More ›
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South Korea and China mend ties ahead of Trump’s visit to Asia
The detente in the relationship comes after China officially delinked the difficult conditions South Korean companies operating in China had to suffer since the spat with South Korea’s Blue House saying “China repeated this stance during discussions, saying difficulties faced… Read More ›
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