Despite major companies dropping out from the investment meet, Saudi Arabia is intent on making the investment meet a success. On Tuesday, according to a source familiar with the matter at hand, Saudi oil giant Aramco is likely to sign… Read More ›
Economy & Finance
Advertising Giant WPP Expected To Report First Drop In Sale In 16 Years
Analysts are expecting disappointing figures for WPP later in the week and predict more troubled times for the firm’s new boss Mark Read. Analysts expect an annual drop in revenues of 4 per cent for the advertising giant and predict… Read More ›
UK’s Business With Saudi Arabia And Possible Impact Of US Sanctions
A lot apparently is at stake for the United Kingdom – Saudi Arabia relations if the Middle Eastern country has to face sanctions – especially from the United States in relation to its role in the murder of veteran journalist… Read More ›
The Economic Outlook For Asia In The Eyes Of The IMF And World Bank
With the world economy being clouded by dark undercurrents of trade tensions and turmoil in some of the financial markets, one could assume that the recently held annual meetings of the IMF and the World Bank in Bali last week… Read More ›
Kuwait Airways to purchase 8 A330-800neo jets
Airbus is scheduled to make the deliveries between March 2019 through December 2026. On Monday, Kuwait Airways stated it has signed an agreement with Airbus to purchase eight A330-800neo airliners. The deal comes in the wake of five months of… Read More ›
$18 Billion Value Shaved Off Crypto Currencies Market In Three Days
Crypto currencies went through a rough period in the last seven days with about $18 billion being washed away off the total value of global crypto currencies within just a few days. Bitcoin, the largest and the widely owned digital… Read More ›
Following Detaining Of Its Employee, Some China Travel Curbs Placed By UBS
Following the detaining of an employee of the UBS Group in China, restrictions on staff travel to China have been imposed by two large global wealth managers. The incident underscores the challenges that are faced by foreign businesses of doing… Read More ›
China slaps anti-dumping tariffs on hydroiodic acid from Japan and the United States
The tariffs will kick in on October 16, 2018. On Monday, China’s Ministry of Commerce stated, Beijing will slap anti-dumping tariffs on the imports of hydroiodic acid from Japan and the United States. The tariffs, will go into effect from… Read More ›
Eddie Lampert, Sears Holdings Corp’s CEO steps in for bankruptcy financing
Eddie Lampert, Sears Holdings Corp’s largest shareholder and lender, is hoping to use the proceedings to help Sears tide over liquidation ahead of the crucial holiday shopping season. According to sources familiar with the matter at hand, Eddie Lampert, Sears… Read More ›
No-deal Brexit most likely outcome: Ashley Fox
Ashley Fox on Brexit and why the ‘No-Deal’ scenario is the most likely outcome. As per a report by The Observer which cites a leaked e-mail, the head of the Northern Irish party whose support is instrumental to British Prime… Read More ›
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