Noble’s survival depends on the passing of the restructuring plans, on which the board is set to vote on August 27. On Monday, bellicose commodity trader Noble Group Ltd disclosed, Richard Elman, who is its chairman and also its founder,… Read More ›
As a result of China’s credit ratings industry assigning favorable ratings to the bonds of local issuers while downplays their credit risks, the market is full of issuers who have AA ratings which are reserved only for the safest and… Read More ›
Toyota aims to produce 2 million vehicles a year by early 2020s, which is a jump of more than 50% its current capacity. As per a source from Toyota Motor Corp, the Japanese carmaker will boost production capacity at its… Read More ›
Granges had aimed to manufacture advanced aluminum materials for brazed automotive heat exchangers through a JV with Mitsubishi Aluminum for the North American and Mexican markets. On Friday, Sweden’s Granges disclosed that it will no longer go ahead with its… Read More ›
China’s lending program to the island nations of the South Pacific has gone from zero to more than $1.3 billion over a decade. The relatively high cost of debt-servicing in these tiny economies have stoked fears that the entire region… Read More ›
Coca-Cola did not disclose any financial details of the purchase, which is to be seen in the context of its fizzy colas losing steadily marketshare to popular alternatives to its PepciCo-owned rival. On Tuesday, Coca-Cola Co disclosed, it is in… Read More ›
The rising trade war between ther United States and China is reshaping Brazil’s agricultural business. China’s investment in Brazil has also jumped to its 7-year high. To a large extent, the outcome of China’s gamble in Brazil will be weighed… Read More ›
Oil prices in Venezuela are set to rise to international levels. However, Venezuelans who register their vehicles in the vehicle census that is being carried out by his government will continue to receive subsidized fuel prices. Through a televised address,… Read More ›
The appointment comes at a time when the Chinese economy is cooling with record low retail sales, and is showing signs of stress from U.S. sanctions. On Tuesday, in a strategic move China has appointed Zhu Hexin as the vice… Read More ›
Lori Ryerkerk played an instrumental role in consolidating Royal Dutch Shell’s refining operations. She will now be succeeded by Robin Mooldijk. As per an internal memo from Royal Dutch Shell, Lori Ryerkerk, who was instrumental for a significant overhaul of… Read More ›
manageria.biz 