This holiday season is a make-or-break for some of the U.K.’s major retail chains even as the entire industry in the U.K. would wan to forget the year, say investors. Fashion retailer New Look Retail Group Ltd and department-store operators Debenhams Plc and House… Read More ›
With the Republican-led U.S. tax overhaul slated to successfully pass through the U.S. Congress by this week, taxpayers and accountants are working overtime to optimize the impact of the revised U.S. tax code on their tax profile. With the Republican… Read More ›
China’s trade practices, especially its over production and dumping policy, which has increasingly drawn flak across major economies including the EU, India and U.S., is likely to face further hurdles and heightened scrutiny. On Monday, with U.S. President Donald Trump… Read More ›
Unilever wants to focus on development of business for its fast growing products and therefore it has agreed to sell of its margarine and spreads business for 6.83 billion euros ($8.04 billion) to the U.S. private equity firm KKR. There… Read More ›
American’s online experiences would potentially be reshaped by the powers that have now been granted by the Federal Communications Commission to broadband companies by the removal of regulations that define the internet businesses – known better as net neutrality. The… Read More ›
U.S. federal securities law may potentially be violated by trading and the public offerings of cryptocurrencies, warned the chairman of the U.S. Securities and Exchange Commission (SEC) and added that the it would be potentially dangerous to put money into… Read More ›
There can be a final announcement very soon by Walt Disney Co. about its acquisition bid for a large part of 21st Century Fox Inc., said media reports earlier in the week citing sources who are familiar with the matter… Read More ›
European carmakers, including PSA, Renault, VW and others have posted record sales in November. According industry data publishes on Thursday, car sales in Europe have risen by 5.8% with the PSA Group and Toyota posting the strongest sales among the… Read More ›
According to the predictions and calculations of the Asian Development Bank, which released a report on Wednesday, there would be stunted growth in the Chinese economy in 2018 even as the bank expects a faster than expected growth for the… Read More ›
Share trading in one unit of an oil giant of Abu Dhabi in the first day of trading showed that the investors betting on the exposure to Middle East oil were right in their positivism. There was a rise in… Read More ›
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