Along with the companies that won them, getting bigger are the hulking container ships that transport sneakers, bananas and barbie dolls around the world. One year after excess capacity caused the sector’s worst-ever crisis — the bankruptcy of South Korea’s Hanjin… Read More ›
Economy & Finance
Elliott Management wants in-depth, open, truly independent review of BHP’s U.S. shale oil business
This is indicative that the money fuelling dirty fossil fuels will be better utilised elsewhere. This could also give rise to a slew of lawsuits that oil companies have been misleading shareholders on the impact of their business on global… Read More ›
Britain’s wants access to EU’s single block market, frictionless border with Northern Ireland
Lawmakers from the UK’s Labour Party have termed the government’s negotiation’s approach as ideas which havent been really fleshed out. In an early attempt to resolve one of its complex aspects of exiting the European Union, Britain aims to have… Read More ›
Chinese State Media Warns Of A Looming Trade War Between India-China
Two Chinese state media reports said on Tuesday that after New Delhi imposed anti-dumping duties on 93 Chinese products amidst a military standoff in Doklam area, a trade war seems to be looming between India and China. New Delhi was… Read More ›
This Nordic Bank Is Turing Away Corporate Cash Because It Doesn’t Want It
Danske Bank A/S, Denmark’s biggest lender does not want the excess cash of corporates held with it and it is telling its corporate clients to think hard about what to do with their excess cash before Dec. 31. Denmark still… Read More ›
Center for Auto Safety appoints Jason Levine as its Executive Director
Levine has experience in this line given his past job postings and track record. On Tuesday, U.S. auto safety advocacy group – Center for Auto Safety – disclosed it has appointed Jason Levine, an an official with a track record… Read More ›
Britain eyeing customs deals as enjoyed by Turkey with the European Union
The stance has been portrayed as wanting to have the cake and eat it. If the EU were to agree to it, it could encourage other member states to follow Britain’s example. In what could be potentially a sticky point… Read More ›
Japan Is The Country Where Probably Robots Would First Take Over, If They Ever Do So
Starting with everyday workers who fear being replaced by machines to visionaries like Elon Musk, who once compared A.I. to “summoning the demon” in a horror film, artificial intelligence has no shortage of critics. But according to Rob Subbaraman, chief economist… Read More ›
Weak oversight surrounds Wisconsin-Foxconn LCD Screen plant deal: Legislative Audit Bureau
Given Foxconn’s global track record in job creation and the systemic deficiencies in the Wisconsin Economic Development Corporation’s working, Foxconn’s LCD screen manufacturing plant in Wisconsin has significant challenges ahead. Going by audits conducted at the state of Wisconsin, the… Read More ›
North Korean textiles factories humming with Chinese orders
This eye opener throws new light on Chinese business practices. With the United Nations imposing economic sanctions on North Korea, China, its only ally, has found a new way to circumvent the sanctions and continue doing business with its ally…. Read More ›