The U.S. is making efforts to ease the pains of U.S. farmers, a key constituent who voted for Trump in 2016, including expanding export efforts to other markets other than China, including India, Thailand, Malaysia, the Philippines among other countries…. Read More ›
Thyssenkrupp’s CEO Guido Kerkhoff prefers that its Elevator Technology business be listed on a stock exchange. According to two sources familiar with the matter at hand, Thyssenkrupp’s supervisory board has left provisions open for a potential sale of its elevator… Read More ›
This is what Christian Sewing’s Deutsche Bank’s CEO told shareholders at the bank’s annual general meeting. On Thursday, Deutsche Bank’s chief executive Christian Sewing informed shareholders that he was ready to make “tough cutbacks” on its investment banking business…. Read More ›
According to Tanzania the conditions laid out by China for this infrastructure project are commercially unviable. Many economists say, China-backed infrastructure projects are a huge debt magnet and economically de-stabilises the economy of the host country. According to a senior… Read More ›
The conglomerate is in the midst of a spin off which will see the creation of 3 separate companies – Dow Inc, Corteva and DuPont. In a statement DuPont said, it plans to announce a $2 billion share repurchase program… Read More ›
Bayer has its hands full due to U.S. class-action lawsuits revolving around Monsanto’s Roundup weed killer which has glyphosate which causes cancer. In a statement, Bayer AG said it has hired Sidley Austin, a law firm to investigate a Europe-wide… Read More ›
A survey of fintech specialists shows that by the end of the year, there would be an expected 22 per cent increase in the price of bitcoin compared to the current price. This would be driven by increased appeal for… Read More ›
The Financial Conduct Authority (FCA) of the United Kingdom data has shown that there has been a tripling of the number of investment scams related to crypto currencies such as bitcoin as well as in foreign currency trading. The FCA… Read More ›
Russia’s central bank lowers USD’s share from its foreign currency reserves citing external risks. Ksenia Yudayeva, the First Deputy Governor of Russia’s central bank stated, it has lowered the share of dollars in its reserves citing a potential rise in… Read More ›
Coca Cola will now reclassify its financial statements from second quarter in 2019 to include CCBA as part of its continuing operations. It did not provide an explanation for the postponement of its re-franchising plans. In a development that marks… Read More ›
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