Italy’s antitrust watchdog has complained that with more companies following FCA’s trail, the Italian state will see severe loss of state revenues. Italy’s national competition watchdog has stated, the decision by Fiat Chrysler Automobiles (FCA) to move its financial and… Read More ›
Geopolitics
Walmart to sink in $1.2 billion in China over the next 10 years
In China, Walmart will be in a tough environment and will be competing with the likes of Alibaba Group Holding Ltd and Tencent Holdings Ltd who have cut deals to combine online and high street shopping. In a significant development,… Read More ›
The European Union and Vietnam sign landmark free trade agreement
The EU-Vietnam Free Trade Agreement (EVFTA) is “the most ambitious free trade deal ever concluded with a developing country” to date. In a landmark development, the European Union has signed a free trade deal with Vietnam, its first with a… Read More ›
Japan’s tech export curbs violate WTO rules: Seoul
Japan’s move to impose restrictions on tech exports to South Korea, is likely to impact the ability to purchase semiconductor materials, including flexible smartphone displays, by South Korean companies; the move is likely to be a reaction to South Korea’s… Read More ›
Qatar purchased $500 million Lebanese government bonds
Qatar’s move is probably aimed at increasing its traction in the Middle East and comes in the wake of Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cutting diplomatic ties with it since June 2017 and have accused Doha… Read More ›
Trade Talks Between Japan And US To Be Accelerated
Japan and the United States are eager to strike a two-way trade agreement and both the countries would begin working-level meetings with greater intensity starting early next month as agreed between the two sides, said the Japanese Economy Minister Toshimitsu… Read More ›
Top Cocoa Producers Ivory Coast And Ghana To Set Minimum Floor Price
Two of the top cocoa producers of the world who account for 60 per cent of global supply – Ivory Coast and Ghana, have joined hands to set a minimum floor price for cocoa for chocolate companies in order to… Read More ›
EU Ministers To Participate In Cyber War Games To Prepare For Cyber Threat Form Russia And China
Following a number of incidents of cyber hacking from by elements in Russia and China that have caused an obvious alarm among European governments, the European Union now wants to respond to them and is will conduct a war games… Read More ›
UK Could Be Short Of Natural Gas Supply After Brexit
After Brexit, there could be shortage in supply of gas to the UK along with a potential rise in prices, warned an industry leader of the nation. In the eventuality of EU nations prioritizing their own countries during winter cold… Read More ›
Hong Kong steadily losing wealth to Singapore
The steady stream of wealth that is being moved out of Hong Kong to Singapore is due to China’s aggressive posturing on the former British isle. According to sources familiar with the matter at hands, many foreign wealth managers are… Read More ›