According to Raphael Pitoun, portfolio manager at CQS New City Equity The new consumer “staples” for Chinese consumers are luxury goods. The experience that LVMH has gained from establishing the Bulgari brand internationally will help the company in leveraging the… Read More ›
On Tuesday, as per a statement from China’s Commerce Ministry, top trade negotiators from the United States and China have held a phone call to try and hammer out a preliminary “phase one” trade deal. Chinese Vice Premier Liu He… Read More ›
According to government data from Israel, exports, a key economic growth driver, are expected to grow to a record $114 billion in 2019, up from $109 billion in 2018. According to a statement from Israel’s Central Bureau and Statistics and… Read More ›
On Monday, French luxury goods group LVMH disclosed it has arrived at an all-cash deal worth $16.2 billion to acquire U.S. jewelry chain Tiffany & Co. LVMH will be paying $135 per share for every share of Tiffany & Co…. Read More ›
A new report from the Swiss bank UBS and auditing firm PwC shows that in 2018, there was a 4.3 per cent or $388 billion drop in the collective wealth of the billionaires of the world after increasing for straight… Read More ›
According to a report from the Wall Street Journal, Swiss drugmaker Novartis AG is close to clinching an agreement to acquire U.S. biotechnology firm The Medicines Co for around $7 billion. In the potential deal, Novartis has agreed to pay… Read More ›
According to the estimates of the Organisation for Economic Development and Cooperation (OECD), is there is a no-deal Brexit, the economic growth and the growth in the GFP of the United Kingdom will drop to 1 per cent for next… Read More ›
Taking a stand on political advertisements which was midway between Facebook and Twitter, Alphabet Inc’s Google said in a blog post on Wednesday that the ability of political advertisers to target ads for elections with the help of data such… Read More ›
Singapore’s online classifieds company Carousell merges with Norway’s Telenor in a deal valued at more than $850 million. On Thursday, in a statement, Singapore’s Carousell, an online classifieds company stated, it has agreed to a proposal to merge with a… Read More ›
In a warning shot, U.S. President Donald Trump sent a clear message to China when he said, a U.S.-China trade deal is still elusive because Beijing still thinks it can get away with stealing U.S. intellectual property and is not… Read More ›
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