Eager to reduce costs, 70 of the world’s leading banks have got together to create a group, R3, which researched the benefits of blockchain technology and brought about “smart contracts”. In a development that has all the hallmarks of history… Read More ›
New Dada has a joint venture with JD.com, in which Wal-Mart has a stake. Wal-Mart has realized that in order to survive and thrive in the Chinese market, local partners are key. In order to tap the world’s second largest… Read More ›
Nissan’s plant in northern Britain’s is the country’s largest. If it loses EU’s single market, it is likely to lose its competitive edge. As per Nissan Motor’s CEO, in November, the company will take the strategic decision as to whether… Read More ›
The company is drawing up plans to test the waters. Nothing is sure yet. Its at a preliminary stage. However, it makes sense if it were to come out with an IPO since it would give it a strategic hold… Read More ›
Smaller European countries such as Switzerland, Netherlands and Belgium are likely to take a bigger hit since their industry and commerce isn’t as diversified as Germany’s. As per the results of a study in Germany, the country’s transport and pharmaceutical… Read More ›
Companies who have re-domiciled better perk up and pay attention. If the European Commission has its way, they will have to bite their tax bullet. The European Union is preparing a new law under which large companies in every country… Read More ›
With the yuan trading at a 6 year low against the greenback and with the Chinese economy still loitering in the doldrums, regulators are especially eager to clamp down hard on the rabid underground economy. Financial News has reported, citing… Read More ›
Finer burrs are yet to be ironed out. Discussions between the two are still underway, as per anonymous sources. Manager Magazin has reported citing anonymous sources, Volkswagen’s brand management has agreed with labour leaders to adopt cost cutting measures in… Read More ›
The investment of $1.5 billion by FedEx will double its sorting facility while creating 200-400 jobs in the process. U.S. package delivery service company FedEx has disclosed that it is set to invest $1.5 billion (1.4 billion euros) in Roissy,… Read More ›
As per a source with direct knowledge of the matter at hand, Credit Suisse CNGN has agreed, in principle, to pay about $110 million (100 million euros) in order to settle its tax investigation in Italy. According to investigators, Credit… Read More ›
manageria.biz 