Author Archives
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Danone set to buy WhiteWave Foods for nearly $10 billion
The deal will enable Danone to target the premium segment with WhiteWave Food’s product offerings. According to a source who is familiar with the matter at hand, the world’s biggest yogurt manufacturer, Danone SA, is said to be in advanced… Read More ›
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Chevron led business group set to invest $36.8 billion in Kazakhstan’s Tengiz oil field
Another giant oil project, Kazakhstan’s Kashagan is set to go operational in the 4th quarter of this year. Does this mean oil prices are set to move north? In a move aimed at boosting the local economy, Kazakhstan along with… Read More ›
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Quick action required on EU trade terms – London’s financial district
The longer Britain takes to negotiate trade terms with EU, the more will be its economic loss. According to the head of London’s financial district, it would be prudent for Britain to move quickly on the outcome of its referendum,… Read More ›
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Brexit strokes fears of global recession in the shipping sector
Here’s a brief analysis of the annual survey which has polled 200 respondents across the transportation industry. According to a survey from a leading transport agency, global shipping confidence has hit an all-time low due to fears of a possibility… Read More ›
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Samsung’s Galaxy S7 helps it get back on profitability track
Although it had been squeezed by Apple and Chinese budget phone manufacturers, in the beginning of this year, it outmanoeuvred both and emerged on top. Propelled by a surge in the sale of mobile phones, especially its flagship Galaxy S7, Samsung electronics… Read More ›
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Confusion rages in Conservative Party as it seeks out a new leader
According to Boris Johnson, Britain needs to explain Brexit’s impact to its citizens, but wouldn’t explaining Brexit’s impact add to the “hysteria” and further boost demands for a second referendum. Boris Johnson, the ex-London mayor who vigorously led a campaign… Read More ›
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An act of Parliament will be required before Britain can trigger Article 50 of the Lisbon Treaty
Mishcon de Reya playing a pivotal role in Britain’s history. Mishcon de Reya a law firm has started a legal action demanding that the British government first win legislative approval before triggering article 50 of the Lisbon Treaty, which will… Read More ›
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Bank of Israel in dollar buying spree
The Central Bank has portrayed the move as an integral part of its monetary policy. With the shekel continuing to strengthen for a fifth day in a row, Israel’s central bank, the Bank of Israel, has engaged in buying “hundreds of… Read More ›
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Brexit bridges Protestants unionists and Catholic nationalists for a United Ireland
While EU citizens are free to travel across EU states without a visa, with Scotland and Ireland wanting to remain with the EU could cost UK dearly as it will face the very issue it doesn’t want – free migration…. Read More ›
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Credit Suisse’s CEO blames Brexit on lack of investment in Britain’s education system
With British voters wanting a second referendum perhaps they didn’t really grasp the full meaning and impact of their votes. Lack of investment in education is likely to have played a key role in this regard. As per Tidjane Thiam,… Read More ›