The development marks the end of a more than two month takeover battle designed to build scale in the consolidating transport sector. On Monday, Swiss freight forwarder DSV A/S disclosed, it will be acquiring Panalpina in a $4.62 billion (4.6… Read More ›
Economy & Finance
New Zealand’s PM Jacinda Ardern likely to discuss Huawei on her 1-day China tour
Among the things she is likely to discuss with China’s President Xi Jinping and Premier Li Keqiang are, potential upgrade to the 2008 FTA and NZ’s transparency on blocking Huawei Technology’s bid to create a 5G network in the country…. Read More ›
Trump’s Decision To Drilling In Arctic And Atlantic Blocked By Alaska Judge
United States president Donald Trump’s decision to reverse the ban on offshore drilling in large parts of the Arctic Ocean and dozens of canyons in the Atlantic was not within his authority, ruled a judge whyi9le restoring the restriction imposed… Read More ›
Bolton Says Trump Contemplating More Venezuela Sanctions For Foreign Companies: Reuters
United States’ national security adviser John Bolton told Reuters TV this week that President Donald Trump wants to cut off revenues to Venezuelan President Nicolas Maduro and is considering imposing sanctions on companies from other countries that do business with… Read More ›
China’s Consumption Boom Opportunity For Global Firms
China’s fast-growing and dynamic consumer market is offering opportunities to global companies as there are more planned investments that are set to be made in high value-added products and services. There is an increasing number of Chinese people who were… Read More ›
Brexit Vote Outcome Devastates British Businesses
Following the latest rejection of United Kingdom prime minister’s EU withdrawal plan by the UK parliament, British business groups have said that they are “devastated” by the current state of efforts to strike a Brexit deal. The business groups have… Read More ›
Chinese Policy On Coal Imports Could Hit Australian Thermal Coal Exports
The revenues that Australia earns form export of coal could suddenly drastically go down if China decides to use more of domestic coal and if competing exports are favoured by continued port restrictions, said reports published in the Australian media… Read More ›
Thyssenkrupp & Embraer selected by Brazil to build 4 corvettes
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 ›
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 ›