According to a report from The Times, Britain is close to striking a vaccine deal with the European Union thus potentially removing a threat of the EU cutting off supplies of COVID-19 vaccines to the country. Under the terms of… Read More ›
Entrepreneurship
Deutsche Bank CEO Christian Sewing willing to give up oversight of investment bank
On Friday, in a move that is likely to reassure regulators, Deutsche Bank CEO Christian Sewing said, Deutsche Bank is willing to give up his role of overseeing the investment bank in the foreseeable future. Deutsche Bank, Germany’s biggest bank,… Read More ›
German insurer Allianz nears deals to acquire Aviva’s Polish unit for $2.94 billion
According to sources familiar with the matter at hand, German insurer Allianz is closing in on a $2.94 billion (2.5 billion euro) deal to acquire Aviva’s Polish unit. “Allianz is close to entering exclusive talks with Aviva and a deal… Read More ›
LG spin off five affiliates, increases focus on existing core businesses
On Friday, shareholders of LG Corp shareholders approved the company’s plan to spin off five affiliates, which according to the South Korean company would allow it to focus on existing core businesses such as electronics, telecommunications services and chemicals. In… Read More ›
Global vaccine producers should match EU’s vaccine exports: Ursula von der Leyen
In a statement, Ursula von der Leyen, the Chief Commissioner of the European Union, said, Europe was the biggest vaccine exporter in the world and challenged other COVID-19 producers to match its exports. After Britain introduced a vaccine exports monitoring… Read More ›
AstraZeneca cannot export COVID-19 vaccines until it fulfils contracts with EU
Following a meeting of EU members, EU Commission chief Ursula von der Leyen said, AstraZeneca cannot export any more COVID-19 vaccines from Europe until is makes good on its contracts with the European Union. “We have to and want to… Read More ›
After A Two Months Of Being Criticised, Tesla’s Elon Musk Tries To Woo Back China
After going through a rough couple of months in China, Tesla chief Elon Musk is now trying hard to gain back the former adulation of Beijing. During an interview with state broadcaster China Central Television (CCTV) Musk showered extensive praises… Read More ›
A $2.3 Trillion Hidden Debt Of China’s Local Governments Could Get Bigger This Year
A government linked think tank in China has said that last year, the total hidden debt of the country’s local governments was at 14.8 trillion yuan ($2.3 trillion) and that figure could rise even further in the current year. According… Read More ›
Large global companies cut back earlier plans to reduce office space: KPMG survey
According to the results of a survey by KPMG, most major global companies have cut back on their earlier plans to reduce their use of office space following the coronavirus-induced COVID019 pandemic, despite few businesses expecting to return to normal… Read More ›
India’s $14 billion Electric Vehicle policy offers automakers fresh incentives
In a significant development that potentially sees global carmakers increasing their footprints in India’s huge car market, New Delhi plans on offering fresh incentives to companies making electric vehicles (EVs) as part of a policy push in the auto sector… Read More ›
manageria.biz 