As part of the court settlement, Uber will have to, in regular intervals, report its demographic data of its workforce, as well as develop a validated promotion assessment process. Uber technologies Inc has agreed to settle a class-action lawsuit, brought… Read More ›
Faced with two fronts, the China’s steel industry perhaps could be persuaded to adequately alter its production and trading policy. The imposition of EU tariffs on Chinese steel could complicate matters if not significantly alter the face of the industry…. Read More ›
With China’s trade surplus with the United States at $375 billion, it clearly has much to lose. The Trump Administration has demanded that China cut this surplus by at least $100 billion. As per a source familiar with the discussions… Read More ›
Following a breakdown of communication between the Deutsche’s CEO and its chairman, Germany’s largest bank is looking ti replace its CEO. Their disagreement comes in the wake of China’s HNA becoming its largest shareholder. Wanting to improve its lagging performance… Read More ›
The deal may have been aimed at avoiding a takeover from its rival PPG Industries. On Tuesday, Akzo Nobel disclosed that it will be selling its Specialty Chemicals business to U.S. private equity firm Carlyle Group and Singapore’s GIC for… Read More ›
Fashion houses are increasingly adopting streetwear looks to attract younger shoppers. On Monday, LVMH’s Louis Vuitton brand, the biggest revenue generator of the French luxury goods group said, it has hired Virgil Abloh, the founder of Off-White, a streetwear label,… Read More ›
News of U.S. Treasury Secretary Mnuchin planning a visit to China had eased fears of a trade war between the two giant economies. With the United States and China set to negotiate on trade, fears of trade wars between two… Read More ›
The financial support of up to $37 million to small and medium sized companies who are affected by on of GM’s Korea’s plant, could be extended to more depending on the overall impact the closure will have on these companies… Read More ›
The Canadian government is currently holding a tender, for fighter jets, worth between C$15 billion and $C19 billion. As per a statement made by a Boeing’s spokesman, the airplane maker will not go on appeal against the U.S. trade… Read More ›
The exemption, albeit temporary, will be further reviewed on May 1 2018. In a strategically significant development with widespread repercussions, U.S. President Donald Trump has excluded, albeit temporarily, 6 countries, including the European Union, Canada and Mexico, from stiff U.S…. Read More ›
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