The development will place Coca-Cola in direct competition with Monster Beverage. In a statement Coca-Cola Co stated, an arbitration tribunal has informed it that it could go ahead with the sale of its energy drink under the terms of the… Read More ›
HR & Organization
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 ›
Barbara Levi to be Rio Tinto’s general counsel
Barbara Levi is currently the Group Legal Head, M&A and Strategic Transactions for Novartis. She will be joining Rio Tinto on January 1, 2020 and will be replacing Philip Richards who will be retiring from Rio Tinto on December 31,… 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 ›
Saudi Arabia central bank, reviewing license requests for 2 new banks
Will provide further details as soon as they are available. In an interview to Al Arabiya TV, Ahmed al-Kholifey, the Governor of Saudi Arabian Monetary Authority (SAMA) stated, the Kingdom’s central bank is reviewing license requests for two new Saudi… Read More ›
Carlos Ghosn cancels news conference following concerns raised by his daughters
Although Ghosn’s lawyers did not specify the reasons for cancelling the news conference, earlier in April he had been rearrested after scheduling a news conference. On Friday, lawyers of Carlos Ghosn, the former Chairman of the Renault-Nissan alliance stated, he… 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 ›
China’s Dajia Insurance Group to take over the assets of Anbang Insurance Group
Dajia Insurance Group has a registered capital of $2.97 billion. According to a Chinese government document, Beijing has formed a new company called Dajia Insurance Group in order to take over the assets of Anbang Insurance Group. According to a… Read More ›
Huawei Technologies loses trade secret lawsuit against CNEX Labs Inc
According to Paul Shere, CNEX’s spokesman, Huawei’s lawsuit was an effort to acquire “CNEX’s advanced semiconductor technology” through a court action. In a setback to China’s Huawei, a A U.S. has cleared semiconductor designer CNEX Labs Inc of stealing trade… Read More ›