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 ›
Economy & Finance
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 ›
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 ›