The issue is likely to be among the top priorities of U.S. Under Secretary of Agriculture Ted McKinney, who is scheduled to visit Beijing later this week to hold trade talks with his counterpart. According to three sources briefed on… Read More ›
Creativity
Blackstone Group bids $2.3 billion for Sydney-focussed Investa Office Fund
Analysts expect property prices across Australia’s east coast to boom despite a rise in interest rates. On Monday, Investa Office Fund (IOF), a Sydney focussed company stated, they would unanimously recomend an unsolicited and non-binding offer from U.S. private equity… Read More ›
Trading suspended in Samsonite’s stock
Samsonite, the world’s biggest luggage maker, has been accused of indulging in questionable accounting practices and poor corporate governance. On Monday, following the accusation of a short seller that Samsonite has been party to poor corporate governance and had engaged… Read More ›
Regulations should facilitate cross-border mergers in Europe: ECB’s Francois Villeroy de Galhau
Reduced regulatory hurdles could spur more growth in the M&A scene in the EU. On Monday, CEB’s Francois Villeroy de Galhau, who is also the Governor of the Bank of France, stated, it is of prime importance that regulatory hurdles… Read More ›
EU aims to end trade dispute with U.S.
The U.S. tariffs, that are currently exempted, on EU’s exports of aluminum and steel to the U.S., are set to end on June 1. On Monday, Peter Altmaier, Germany’s Economy Minister disclosed Germany aims to end a trade dispute between… Read More ›
Study Claims Disease In Stomach Can Be Diagnosed By Bacteria On A Chip
Bleeding in the stomach or other gastrointestinal problems can now be easily detected by an ingestible sensor that has a genetically engineered bacteria that has been developed by American researchers. The study, published in the journal Science, describes the new… Read More ›
Russia hints that it will gradually boost its oil production from June 2018
OPEC and Russia have been withholding their respective crude oil production levels while oil producers from the U.S., Canada and Brazil have been boosting theirs. As a result of the production cuts, oil prices touched their multi-year high of $80.50… Read More ›
The Meghan Markle effect: sale of yellow gold in the U.S. jumps after her engagement to Britain’s Prince Harry
Market intelligence from the World Gold Council suggests that celebrity purchases typically influence jewelry sales. There is also a shift in consumer preference from yellow and white gold to rose gold. As per a report from the World Gold Council,… Read More ›
Deutsche Bank to slash global headcount by 25%
The move is part of Deutsche Bank‘s strategy of to turn the corner and become profitable once again. On Thursday, Deutsche Bank disclosed it plans on reducing its global staff to levels below 90,000, down from 97,000, as part of… Read More ›
Customs data shed light on Chinese imports of U.S. products in April 2018
China’s anti-dumping duties on U.S. products appear to be an attempt at misdirection. Data from the U.S. General Administration of Customs lifts the fog of perception and diplomatic posturing. Data from the General Administration of Customs have revealed that China’s… Read More ›
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