The global audit firm Price Waterhouse Coopers (PwC) had failed to challenge the management of the IT services company Redcentric. It was later found that the there was a 20 million pound in the company accounts. This was the charge… Read More ›
Economy & Finance
Suspected Attacks Hit Two Oil Tankers In Gulf Of Oman
The incidents of attacks on oil tankers laden with crude and other products in the seas in the Middle East continues unabated as two oil tankers were hit in suspected attacks in the Gulf of Oman a day ago. about… Read More ›
Women’s Earnings Peak 11 Years Earlier Than Men, But Get $35,000 Less: Survey
The peak earning potential for working women in general is reached by them about 11 years prior to men. Additionally, women get $35,000 less in the average salary compared to their male counterparts, found a recent study. The study which… Read More ›
Canadian Grocery Store Uses Emotion Of Shame To Change Consumer Tendency Of Plastic
One Canadian grocery chain has taken recourse in encouraging customers to shun single use plastic usage and potentially alter their consumer behavior by trying to spur up their emotion of shame. Currently, consumers emotions have been attempted to be tingled… Read More ›
Tariff As Tool For Foreign Relations Defended By Trump
His strategy of using trade tariffs as a tool for gaining strategic advantages in trade relations with other countries was defended by the United States president Donald Trump on Tuesday even as its trade war target China pledged to reciprocate… Read More ›
European Union poised to extend tariffs on Chinese bicycles
The bicycle industry has been identified as a key industry in China’s current five-year plan and its Made in China 2025 initiative. Thus it is very likely that the state-backed producers would return to selling them at high volumes and… Read More ›
Have sufficient production capacity outside of China to meet Apple’s U.S. demand: Foxconn
Realigning of supply chain outside of China is important for companies looking to escape the U.S.-China trade war. In a significant development Foxconn, the world’s largest contract electronics assembler, disclosed it has enough producing capacity outside of China to meet… Read More ›
Crocs Inc cuts sourcing from China
Footwear maker Crocs Inc to cut sourcing sourcing U.S. products from China to 10% in 2020, down from 30%. In a significant development, footwear maker Crocs Inc stated, it aims to cut the amount of U.S. products that it sources… Read More ›
Little impact on hard Brexit: Nestle’s Europe chief
For Nestle, Britain represents its 5th biggest market. In a significant development, Swiss food giant Nestle’s European chief Marco Settembri disclosed, Brexit will have a “very limited effect” on its British business. “We don’t see any disruption in the business,”… Read More ›
China Will Retaliate Is Trade War Is Escalated By US
China’s foreign ministry said on Tuesday that it would take firm measures in response to any possible measures by the United States which would escalate the ongoing trade war between the two countries. The Chinese statement followed threats from the… Read More ›
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