After getting elected as the prime minister of the United Kingdom with an overwhelming majority, Boris Johnson has assured that he would help to “unleash” the complete potential that Brexit would deliver to the country once he had fulfilled his… Read More ›
Creativity
Electrolux’s North American business to take $70M hit in U.S. overhaul
Swedish appliance maker Electrolux AB stated, its North American business is set to incur costs of around $70 million in the fourth quarter as it prepares to move into a new facility in South Carolina. The Swedish company stated, it… Read More ›
Canal+ to launch Disney+ in France through an exclusive deal before April 2020
In a joint interview to the French news daily Les Echos, Walt Disney Co and Vivendi SA stated, Disney+ streaming service will be launched on Vivendi SA’s pay-TV business Canal+ platform by the end of March 2020. Traditional media companies… Read More ›
International Flavors & Fragrances to merge with DuPont Inc’s nutrition & biosciences business for $26.2 billion
In a statement, International Flavors & Fragrances Inc stated, it will merge with DuPont Inc’s nutrition & bio-sciences unit in a deal worth $26.2 billion. Under terms of the agreement, DuPont’s shareholders will get 55.4% of the shares in the… Read More ›
Need of New Law To Regulate Emotion-Detecting Tech, Urge Research Firm
There is need for new laws for regulation of emotion-detecting tech, suggested a leading research centre. The field is “built on markedly shaky foundations”, says the AI Now Institute. Irrespective of the risks, this technology is being used and is… Read More ›
Trade War Weighs On Japan Business Sentiment In Q4, Its Worst In 7 Years
According to a survey by Japan’s central bank, the business sentiment of the big manufacturers of Japan have touched a seven year low during the fourth quarter of the current year as the slowing demand for Japanese products for the… Read More ›
China yet to respond to U.S. conditions for Phase 1 trade deal
According to U.S. sources, the United States is ready to suspend some tariffs provided China is willing to commit to purchasing more U.S. goods. As per a source briefed on the status of bilateral negotiations between Washington and Beijing, the… Read More ›
Singapore’s sovereign wealth fund, GIC to acquire logistics real estate in Europe for $1 billion
On Friday, Singapore’s sovereign wealth fund, GIC stated, it had signed a deal to acquire a logistics real estate portfolio from Apollo Global Management’s affiliates for about $1 billion (950 million euros). “The portfolio comprises of 28 logistics assets across… Read More ›
Deutsche, Citi, and ANZ may have violated cartel laws in Australia
On Friday, in a local court a magistrate presiding over a case which is yet to go to trial, was presented with a four-word handwritten note by a JPMorgan Chase & Co banker which was presented by Australian prosecutors as… Read More ›
British elections sees rise of nationalists in Northern Ireland and Scotland
On Friday, with Democratic Unionist Party deputy leader Nigel Dodds losing his seat in the British parliament has increases the likelihood of Northern Ireland electing more Irish nationalists than pro-British unionists for the first time since 1921. As a result,… Read More ›