Former British lawmaker Iain Duncan Smith on Theresa May’s Brexit strategy. Iain Duncan Smith, a former leader of Britain’s Conservative Party who is a Eurosceptic stated, the party does not need a leadership to bridge the deep divide over the… Read More ›
Creativity
BMW To Increase Stake In Chinese JV Due To Relaxed FDI Norms In Auto Sector
BMW will be among the first foreign auto makers to take advantage of the relaxed ownership norms in China and the relaxation in investment restrictions – aimed to provide more control to foreign companies in the largest auto market of… Read More ›
Toyota And Softbank Join Hands To Launch Autonomous Vehicle Project
In a continued trend among auto makers where they are forging partnerships with other firms for the development of autonomous vehicles, Japanese auto maker Toyota has teamed up with SoftBank to work together on a project called Money where the… Read More ›
Richard Branson Hopes To Take Virgin Galactic To Space In Weeks
The billionaire chief and founder of Virgin Galactic, Richard Branson, the first craft of the company would fly into space within week and not in months as was being predicted. The firm is in a race with Jeff Bezo’s Blue… Read More ›
EU to decide on introducing taxes on digital companies by the end of 2018
French Finance Minister Bruno Le Maire expects the EU to take a stand on this issue by the end of this year. On the sidelines of the Globsec Tatra Summit in Slovakia, French Finance Minister Bruno Le Maire disclosed he… Read More ›
S&P 500 companies likely to boost share buybacks in 2019: Goldman Sachs
Companies are likely to increase their return to shareholders vide buybacks and dividends, opine strategists at Goldman Sachs. Goldman Sachs is of the opinion, S&P 500 companies are likely to boost their cash spending by 13% to $3 trillion next… Read More ›
Saudi Arabia to privatize 20 companies in 2019: Crown Prince Mohammed bin Salman
20 Saudi state-owned companies in across sectors are slated to be privatized in 2019. In yet another step aimed at diversifying Saudi Arabia’s economy, Crown Prince Mohammed bin Salman disclosed, the Kingdom will privatize more than 20 companies next year…. Read More ›
Switzerland’s enters into an era of banking transparency
Swiss authorities have begun sharing account data with countries who meet international requirements on confidentiality and data security. This strategic move has placed Switzerland in fierce competition with fast-growing economies including Singapore and Hong Kong. In a significant development that… Read More ›
Brexit divorce deal almost within grasp: sources
This is coming from diplomats who were present at the negotiations. According to two sources present at the meeting where Brexit negotiations are being discussed, a divorce deal with Britain is “very close” to being realized. Both sides are pushing… Read More ›
U.S. diversifying agriculture trade: U.S. Agriculture Secretary Sonny Perdue
Feeling the pinch of being too dependent on one nation for the sale of its agricultural products, the trade war has made the U.S. realize that it needs to diversify its agricultural trade exports. U.S. Agriculture Secretary Sonny Perdue has… Read More ›