Swedish appliance maker Electrolux AB stated, its North American business is set to incur costs of around $70 million in the fourth quarter as it prepares to move into a new facility in South Carolina. The Swedish company stated, it… Read More ›
Entrepreneurship
Canal+ to launch Disney+ in France through an exclusive deal before April 2020
In a joint interview to the French news daily Les Echos, Walt Disney Co and Vivendi SA stated, Disney+ streaming service will be launched on Vivendi SA’s pay-TV business Canal+ platform by the end of March 2020. Traditional media companies… Read More ›
International Flavors & Fragrances to merge with DuPont Inc’s nutrition & biosciences business for $26.2 billion
In a statement, International Flavors & Fragrances Inc stated, it will merge with DuPont Inc’s nutrition & bio-sciences unit in a deal worth $26.2 billion. Under terms of the agreement, DuPont’s shareholders will get 55.4% of the shares in the… Read More ›
China yet to respond to U.S. conditions for Phase 1 trade deal
According to U.S. sources, the United States is ready to suspend some tariffs provided China is willing to commit to purchasing more U.S. goods. As per a source briefed on the status of bilateral negotiations between Washington and Beijing, the… Read More ›
Singapore’s sovereign wealth fund, GIC to acquire logistics real estate in Europe for $1 billion
On Friday, Singapore’s sovereign wealth fund, GIC stated, it had signed a deal to acquire a logistics real estate portfolio from Apollo Global Management’s affiliates for about $1 billion (950 million euros). “The portfolio comprises of 28 logistics assets across… Read More ›
Deutsche, Citi, and ANZ may have violated cartel laws in Australia
On Friday, in a local court a magistrate presiding over a case which is yet to go to trial, was presented with a four-word handwritten note by a JPMorgan Chase & Co banker which was presented by Australian prosecutors as… Read More ›
British elections sees rise of nationalists in Northern Ireland and Scotland
On Friday, with Democratic Unionist Party deputy leader Nigel Dodds losing his seat in the British parliament has increases the likelihood of Northern Ireland electing more Irish nationalists than pro-British unionists for the first time since 1921. As a result,… Read More ›
High stakes meeting at White House on China tariffs today
According to three sources familiar with the matter at hand, U.S. President Donald Trump is scheduled to meet with top trade advisers on Thursday in order to discuss U.S. tariffs which are scheduled to kick-in on December 15 on $160… Read More ›
G5 Sahelian meeting postponed to early 2020
On Thursday, in a statement, the French presidency said, President Emmanuel Macron and Niger President Mahamadou Issoufou agreed on a proposal which calls for postponing a meeting of Sahelian country leaders which was scheduled to take place in France this… Read More ›
Trump will have final say on tariffs and U.S.-China trade deal: Peter Navarro
U.S. President Donald Trump will have the final on tariffs as well as that on the U.S.-China trade deal, said White House trade adviser Peter Navarro. “Either way we’re going to be in a great place … The president loves… Read More ›
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