Thyssenkrupp did not disclose the value of the deal. On Friday, German industrial conglomerate Thyssenkrupp stated, it has been selected by Brazil’s navy along with domestic aircraft maker Embraer to build four corvettes. “We are very honored by the Brazilian… Read More ›
Economy & Finance
British parliament to vote on May’s diluted Brexit package today
May’s floundering efforts to get her Brexit deal approved has resulted in a few diplomats opining that Britain was most likely headed for chaotic tumble out of the EU. The bloc is likely to push ahead with contingency preparations next… Read More ›
Innovation, Flexibility Needed By Businesses To Face Challenges: ILO-IOE Study
Global companies and businesses would be facing huge changes as providers of jobsand need to innovate and become flexible to tackle those challenges, concluded a new study report that was released Wednesday jointly by the International Labor Organization (ILO) and… Read More ›
Trade deals only for those who are signatory to Paris climate accord: Nathalie Loiseau
Nathalie Loiseau quit her job as European affairs minister and is running for the European Parliament. On Thursday, Nathalie Loiseau, the leader of French President Emmanuel Macron’s European election campaign, stated she opposes trade deals with countries who are not… Read More ›
Merck KGaA Puts For $5.9 Bln Hostile Takeover Bid For Versum
A hostile bid acquisition offer for Versum Materials worth a total of $5.9 billion all-cash deal was launched by German pharma group Merck KGaA on Tuesday as the German firm attempts to increase its presence in the semiconductor materials market…. Read More ›
Report Finds That Too Much Power Was Concentrated In Former Nissan Chief Ghosn
The former disdained chairmen of Nissan Motor Corp – Carlos Ghosn was given too much authority, claims the outcome of an external report comprising of a panel of experts. The aim of setting up the panel by the company was… Read More ›
New Vehicles Price In US Reach Highest Ever, Resulting In Drop In Sale
Those customers at the lower end of price spectrum of the United States auto industry are being forced to move out of the market for new cars because most of the prices of the new models and vehicles are much… Read More ›
No shift in DUP stance over May’s Brexit deal: BBC’s political editor
The DUP plays a pivotal role in supporting May’s minority government. According to Laura Kuenssberg, BBC’s political editor, the leader of the Northern Irish Democratic Unionist Party, Arlene Foster, has not shown any change to her opposition to British Prime… Read More ›
Brexit – A Shakespearean tragedy starring Theresa May
British Prime Minister Theresa May is a puppet at the hands of the rebel lawmakers, including ones from her own Conservative Party, as well as that of the Northern Irish Democratic Unionist Party (DUP), which props up her minority government…. Read More ›
Bank of Japan’s quantitative and qualitative easing has boosted productivity: Yutaka Harada
Yutaka Harada, a member of Japan’s central bank – the Bank of Japan, is known for advocating aggressive monetary easing policies. On Monday, Yutaka Harada a board member from the Bank of Japan defended the central bank’s asset-buying spree program,… Read More ›