In a statement on Tuesday by China Steel Association, the production of iron ore at Brazil’s Vale SA has been unaffected by the coronavirus pandemic which emerged in Wuhan China and the company is sticking to its full year production… Read More ›
Entrepreneurship
Australia’s APA Group appoints Morgan Stankey’s Julian Peck as its head strategy & commercial units
On Tuesday, Australia’s biggest gas pipeline operator APA Group said, it has appointed Julian Peck, a senior executive from Morgan Stanley as its head of strategy and commercial units. Peck, who earlier co-led Morgan Stanley’s Australian investment banking arm, will… Read More ›
French retail giant Carrefour acquires Wellcome Taiwan for $108 million
On Tuesday, French retail giant Carrefour said, it had agreed to purchase food retailer Wellcome Taiwan from Asia’s Dairy Farm. The development will position Carrefour as the second biggest player in Taiwan’s convenience stores market. The deal with an enterprise… Read More ›
UK should provide access to capital to key strategic industries: Make UK
On Monday, Make UK, a UK trade body stated, the government should provide direct support to strategic manufacturing sectors and companies, including those in the steel, aerospace, and automotive space, to help through mitigate the coronavirus crisis. As Britain slides… Read More ›
Coty Inc appoints its chairman Peter Harf as its CEO
According to a report from the Wall Street Journal citing sources familiar with the matter at hand, Coty Inc is set to announce that its current chairman, Peter Harf, will be replaced by the company’s new chief executive officer, Pierre… Read More ›
Japan weighing options to open tourism sector to TPP-11 members
Japan is weighing its options on re-opening its tourism sector to select countries which have low levels of coronavirus infections. Japan has already eased restrictions put in place earlier this year to control the coronavirus outbreak, these include reopening of… Read More ›
No plans to change to U.S dollar peg: Hong Kong’s finance secretary
In a statement Hong Kong’s finance secretary Paul Chan said, Hong Kong has no plans to change its currency’s peg to the U.S. dollar and that it has not seen any “obvious” capital outflows following a move by the United… Read More ›
Pre-eminent French departmental stores Printemps reopens in Paris
Shoppers wearing masks queued up to browse through luxury boutiques inside Printemps’ main Paris store. The development marks the reopening of one of the Paris’ last major department stores, which had remained shut for two months because of the coronavirus… Read More ›
Alliance of 10 democracies to create alternative pool of suppliers for 5G and other technologies
In a significant development, The Times reported that the United Kingdom is pursuing a strategy of allying itself with at least 10 democracies, in order to create an alternative pools of suppliers of 5G equipment and other technologies so as… Read More ›
Almost No Cars Were Made In The UK In April Due To Pandemic Hit
There was a 99.7 per cent year on year drop in car manufacturing in Britain in the month of April because of the novel coronavirus related shutdowns. According to the industry body, Society of Motor Manufacturers and Traders (SMMT), the… Read More ›
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