On Tuesday, French retail giant Carrefour said, it had agreed to purchase food retailer Wellcome Taiwan from Asia’s Dairy Farm. The development will position Carrefour as the second biggest player in Taiwan’s convenience stores market. The deal with an enterprise… Read More ›
On Monday, Make UK, a UK trade body stated, the government should provide direct support to strategic manufacturing sectors and companies, including those in the steel, aerospace, and automotive space, to help through mitigate the coronavirus crisis. As Britain slides… Read More ›
According to a report from the Wall Street Journal citing sources familiar with the matter at hand, Coty Inc is set to announce that its current chairman, Peter Harf, will be replaced by the company’s new chief executive officer, Pierre… Read More ›
Japan is weighing its options on re-opening its tourism sector to select countries which have low levels of coronavirus infections. Japan has already eased restrictions put in place earlier this year to control the coronavirus outbreak, these include reopening of… Read More ›
In a statement Hong Kong’s finance secretary Paul Chan said, Hong Kong has no plans to change its currency’s peg to the U.S. dollar and that it has not seen any “obvious” capital outflows following a move by the United… Read More ›
Microsoft has replaced humans with artificial intelligence as the company sacked dozens of journalists and installed artificial intelligence software in their place. The company has told the employees who manage the news homepages on Microsoft’s MSN website and its Edge… Read More ›
A new $1.1 trillion stimulus package to stimulate the economy battered by the novel coronavirus pandemic was announced by Japan which includes plans for a significant amount to be spent in direct spending. These plans gave been approved by the… Read More ›
Shoppers wearing masks queued up to browse through luxury boutiques inside Printemps’ main Paris store. The development marks the reopening of one of the Paris’ last major department stores, which had remained shut for two months because of the coronavirus… Read More ›
In a significant development, The Times reported that the United Kingdom is pursuing a strategy of allying itself with at least 10 democracies, in order to create an alternative pools of suppliers of 5G equipment and other technologies so as… Read More ›
There was a 99.7 per cent year on year drop in car manufacturing in Britain in the month of April because of the novel coronavirus related shutdowns. According to the industry body, Society of Motor Manufacturers and Traders (SMMT), the… Read More ›
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