Although details of the signed conference have not been provided, so far, they are expected to be released in the coming days. On Monday, as per a report from Al Arabiya TV, deals worth $63 billion, (235 billion riyals) have… Read More ›
Creativity
Hyundai Motor reviewing optimization plans for its Chinese factories
For its full year, Hyundai Motors sees a flat sales growth. Hyundai Motor faces overcapacity at its Chinese plants. Following a slump in its car sales in China, Hyundai Motor stated, its Chinese joint venture is accepting voluntary retirements from… Read More ›
France preparing for no-deal Brexit: French Finance Minister Bruno Le Maire
Le Maire made it very clear that if Britain goes the no-deal route, it will not ease the process by offering deals on logitics and aviation. Supply chains could be significantly affected in case of a cliff-hanger Brexit. French Finance… Read More ›
British lawmakers push for 9 month Brexit extension
May’s counter to this development needs to be weighed in, since irrespective of grant of an exception to extend Brexit, there is no change in the decision itself – No Brexit, No deal or deal. An attempt by British lawmakers… Read More ›
EU finance ministers reject easing out liquidity rules for trading in bullion in Basel III
Basel III regulations are slated to come into force in 2022. While he London Bullion Market Association (LBMA) wants the net stable funding ratio (NSFR) to be at the 50% mark, EU finance ministers want it secured at 85%, to… Read More ›
Balancing national particularities and importing new products: the Wonderbox secret.
Companies which initiate international expansion will inevitably encounter the same conundrum: how to remain within their area of expertise and respect their own processes on the one hand, and not disrupt local customs on the other. French gift box company… Read More ›
Economic growth in U.S., Europe to slowdown in 2019: Ray Dalio
Here is what the founder of hedge fund Bridgewater Associates had to say at the World Economic Forum at Davos. Ray Dalio, founder and chairman of Bridgewater Associates, a hedge fund, opined at the World Economic Forum, he sees significantly… Read More ›
Italy’s Autogrill bids for Elior’s railways and motorway catering unit
France’s Elior was looking to divest its railways and motorway catering businesses since the beginning of this month. As per a source familiar with the matter at hand, Italy’s Autogrill has submitted a bid for the railways and motorway catering… Read More ›
KPMG under second investigation over Carillion’s collapse
Carillion’s collapse has angered lawmakers who called on the FRC to consider breaking up the “Big Four” accountants in order to increase competition and audit quality. On Tuesday, Britain, financial watchdog, the Financial Reporting Council (FRC) stated, it has opened… Read More ›
Market conditions likely to improve after Q4: Credit Suisse’s CEO
Things have got better since the beginning of 2019. Global financial markets face reduced stress with negotiations still being worked out in the U.S.-China trade war. On Tuesday, Tidjane Thiam, Credit Suisse’s Chief Executive said, he sees market conditions improving… Read More ›
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