On Wednesday, ITV’s political editor stated a Brexit trade deal could potentially be on the cards following both sides making progress on fishing rights; the tweet follows another tweet which said there was no chance of an accord before Christmas…. Read More ›
HR & Organization
UK trucks could start rolling into France today: British Housing minister Robert Jenrick
On Wednesday, during an interview with Sky News television, British Housing minister Robert Jenrick stated he hoped trucks would begin rolling into France following Paris lifting its ban on freight coming from Britain following the outbreak of a new strain… Read More ›
ArcelorMittal SA, Nippon Steel Corp to build electric arc furnace at joint venture factory in Alabama
On Tuesday, ArcelorMittal SA and Nippon Steel Corp will spend $775 million to build an electric arc furnace at their U.S. joint venture in Alabama. They plan on starting a production during the first half of 2023, said Nippon Steel…. Read More ›
Movie studio MGM Holdings exploring potential sale
According to a source familiar with the matter at hand, U.S. movie studio MGM Holdings is exploring a sale. MGM Holdings, the studio behind the hugely popular “James Bond” franchise, has tapped investment banks Morgan Stanley and LionTree LLC and… Read More ›
easyJet defers taking delivery of 22 Airbus jets
On Tuesday, British airline easyJet stated, it has agreed with Airbus for deferring to take the delivery of aircraft; the finances of the airline, much like its peers, have come under severe pressure during the coronavirus-induced COVID-19 pandemic. easyJet said… Read More ›
Norway announces travel restrictions on Britain following discovery of COVID-19 strain
In a statement on Monday, Norway’s health minister said, Flights from Britain to Norway will be suspended with immediate effect for a minimum of 48 following the discovery of a new strain of the coronavirus. On Saturday, British Prime Minister… Read More ›
Companies that do not comply to U.S. auditing standards will be debarred from U.S. Stock Exchanges
On Monday, in a statement China said it firmly opposes U.S. President Donald Trump’s bill that would remove any Chinese companies from U.S. stock exchanges unless they adhere to U.S. auditing standards. Chinese companies have tapped the lucrative U.S. stock… Read More ›
Lockheed Martin Corp acquires rocket engine manufacturer Aerojet Rocketdyne Holdings Inc for $4.4 billion
In a statement Lockheed Martin Corp said, it has agreed to acquire U.S. rocket engine manufacturer Aerojet Rocketdyne Holdings Inc for $4.4 billion, including debt and net cash. The deal marks Lockheed’s biggest acquisition since its CEO Jim Taiclet became… Read More ›
Italian broadcaster Mediaset presses ahead with plan to create pan-European TV champion
On Monday, the CEO of Italian broadcaster Mediaset stated, it plans on creating a pan-European TV champion regardless of whether it can strike a deal to settle a dispute with its second-largest shareholder Vivendi. “We want to go ahead with… Read More ›
Coke’s Pandemic Induced Restructuring To Result In 2,200 Job Losses Globally Worldwide
A restructuring plan that is soon to be implemented by the global soft drinks giant Coca Cola will see a reduction of about 2,200 jobs in its global workforce. The novel coronavirus pandemic has already hit the business of the… Read More ›