In a statement French Europe Minister Clement Beaune said, France will file a lawsuit against Britain over post-Brexit fishing licences sometime in early January. He went on to add, there will be a high-profile meeting with EU representatives on January… Read More ›
Entrepreneurship
Slower Growth Of UK Economy Then Was Initially Perceived Prior To Omicron Hit
According to new estimates, the UK economy grew at a slower rate than previously thought between July and September. As Britain emerged from lockdown, the Office for National Statistics (ONS) reported that the GDP increased by 1.1 per cent, rather… Read More ›
With Omicron Threatening A Recession, Consumer Morale In Germany Drops
According to a survey released on Tuesday, German consumer sentiment will deteriorate further at the start of next year, as the COVID-19 pandemic and the development of the Omicron variation push Europe’s largest economy to the edge of recession throughout… Read More ›
Russia continues to violate WTO commitments: USTR
In a statement the office of US Trade Representative said, Moscow continues to move away from commitments it made to join the World Trade Organization in 2012 citing increased restrictions in agricultural imports and import substitution policies. In its annual… Read More ›
Moller-Maersk in advanced negotiations to acquire LF Logistics for $3 billion
According to sources familiar with the matter at hand, Denmark based A.P. Moller-Maersk is in an advanced stage of negotiations to acquire Hong Kong based LF Logistics for around $3 billion. An announcement for the potential deal could be made as… Read More ›
SEC denies Apple Inc’s bid to dismiss shareholder proposal on concealment clauses on NDAs
The U.S. Securities and Exchange Commission (SEC) has denied Apple Inc’s bid to exclude a shareholder proposal that would have required Cupertino to inform investors of its use of non-disclosure agreements and other concealment clauses. The SEC’s move will mean that… Read More ›
Strong Demand Could Post Record Sales For Champagne Makers
Champagne producers in France are celebrating record sales for the year. This unexpected turnaround from last year’s pandemic-related problems is giving them confidence that they will be able to withstand the Omicron variant. According to Jean-Marie Barillere, president of UMC… Read More ›
Omicron affecting business confidence in UK: Lloyds Bank
As per the results of a survey released on Tuesday, business confidence in Britain has begun to feel the impact of the Omicron variant this month. The development comes at a time of the country is experiencing an increase in… Read More ›
Qatar Airways launches lawsuit against Airbus over blistered paint
In a statement Qatar Airways said, it has launched a lawsuit against EU planemaker Airbus in a bid to resolve a dispute over skin flaws on A350 passenger jets. For months, both companies have been locked in a dispute over damages… Read More ›
Booster shot appears to protect against Omicron: Moderna
In a statement Moderna Inc said, a booster dose of its COVID-19 vaccine appears to protect against the fast-spreading Omicron variant of COVID-19 in laboratory tests; its current version of the vaccine will continue to be its “first line of defense… Read More ›