A new research report has estimated that in 2019, there would be a 4 per cent growth in the business spending on sports sponsorship are reach upto £35 billion globally. This prediction has been published by research from agency Two… Read More ›
Economy & Finance
Siemens well placed to win majority of contracts for rebuilding Iraq’s power infrastructure
Since the defeat of ISIS in Syria in March, Iraq has become an investment opportunity for countries, including Saudi Arabia and the United States, as they seek to counter Iran’s growing influence in the region. At a joint press conference… Read More ›
German brake maker Knorr Bremse’s CEO resigns with immediate effect
No reason has been provided by Knorr Bremse for Klaus Deller’s removal as its CEO. Analysts believe Deller’s resignation may not have anything to do with the company’s financial performance or strategy. In a significant development, Knorr Bremse, a brake… Read More ›
Rate Of UK Firms Going Into Administration In Q1 Highest In Five Years
According to official figures in eth United Kingdom, the rate of increase in the number of company administrations reached its highest since the last five years because of continued uncertainty over Brexit and the struggling high street retailers. In the… Read More ›
Amazon Could Upend The US Trucking Industry By Undercutting Prices By A Third
According to FreightWaves, market prices are being undercut by as much as a third by the trial version of the online freight-brokerage platform that is being developed by Amazon. This new etch development by the largest e-retailing company of the… Read More ›
Deutsche Bank And Capital One Sued By Trump Because Of House Subpoenas
With the aim of preventing two banks from handing over his financial records to the US Congress, United States President Donald Trump filed legal cases against two banks. The two banks – Deutsche Bank and Capital One, were issued subpoenas… Read More ›
European Court of Justice backs EU’s free trade agreement with Canada
In a landmark judgement, the ECJ ruled that provisions of the Comprehensive Economic and Trade Agreement (CETA) are not in breach of EU law. Incidentally, CETA is yet to be full implemented in the EU. On Tuesday, in a significant… Read More ›
Study Finds ‘Biodegradable’ Plastic Bags Intact After 3 Year Exposure To Natural Elements
A recent study has found that even after being exposed to the natural environment for a period of three years, some plastic bags that were supposed to be bio degradable were intact and in a condition of being still used… Read More ›
European Commission ends antitrust probe on Visa & Mastercard
Visa & Mastercard have offered to cut non-EU card fees to stave off fines and end the European Commission’s antitrust probe. On Monday, the European Union’s antitrust chief Margrethe Vestager stated, it has accepted an offer by Visa and Mastercard… Read More ›
Bayer faces strong legal headwinds, gains shareholders backing despite AGM rebuke
It would be interesting to see Bayer’s due diligence for its acquisition of Monsanto since even before Bayer’s $63 billion acquisition of Monsanto, the latter was facing lawsuits related to its Roundup weedkiller. According to two of Bayer’s largest German… Read More ›
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