The largest sovereign wealth fund of the world, the $1-trillion-plus fund of Norway, is reportedly contemplating to create a balance in of its investments with a spread between Europe, Asia and the Americas, according to reports quoting senior officials. The… Read More ›
Creativity
Commercial Flying Rules For Drones To Be Formulated By Japan
A streamlined registry policy for drones is set to be put in place by the Japanese government around 2022 which would be the path for the use of drones for more commercial purposes such as using them in residential deliveries…. Read More ›
UK Tech Start-Ups Receive Record FDI In First 7 Months Of The Year
According to research data, in the first seven months of this year, a record £5.5bn in foreign investment was attracted by the tech industry of the United Kingdom. The Department of Digital, Culture, Media and Sport said that the investment… Read More ›
Alibaba Group Holding postpones Hong Kong listing midst growing unrest
Following a growing wave of anti-China protests in Hong Kong, Alibaba is weighing a delay in the listing in the Hong Kong Stock Exchange which has not only shut down its airport but has also captivated the world. According to… Read More ›
U.S. prepares to sell F-16 fighter jets worth $8 billion to Taiwan: Pentagon
The potential sales comes midst rising tensions with China. In an official notification to the U.S. Congress, the U.S. State Department stated, it has approved the potential sales of F-16 fighter aircraft, worth $8 billion, to Taiwan. The information was… Read More ›
Elanco Animal Health acquires Bayer’s veterinary drugs business for $7.6 billion
The cash and stock deal will see Elanco becoming the world’s second biggest animal health company and expand its footprint in the pet e-commerce space. On Tuesday, Elanco Animal Health stated it would acquire Bayer’s veterinary drugs business in what… Read More ›
French retailer Casino to sell off non-core assets worth $2 billion to reduce debt
This planned sales come on top existing plans to sell non-core assets worth 2.5 billion euros by the first quarter of 2020. On Tuesday, French supermarket retailer Casino stated, it plans on cutting its debt while improving its financial performance… Read More ›
Britain’s NHS off Limits to any future trade deal with the U.S.
Provisions and pricing of drugs are an issue that has to be tablet especially since there could potentially be a shortfall in case of a cliffhanger Brexit. According to a report from the Sun newspaper, British Prime Minister Boris Johnson… Read More ›
U.S.-UK trade deal in the offing
Boris Johnson’s no-deal Brexit stance is pretty obvious to observers. His confidence that the British economy will survive a cliffhanger Brexit probably stems from his hope of clinching a free trade deal with the U.S. British Prime Minister Boris Johnson… Read More ›
Boris Johnson takes aim at Irish backstop in opening salvo
Despite Boris Johnson’s own admission that “Time is very short”, he wants to renegotiate the Brexit deal by October 31. On Tuesday, British Prime Minister Boris Johnson fired his opening salvo at the European Union, as negotiators from both sides… Read More ›