The traditional toy industry is facing a struggle for surival. Facing fierce competition from online stores and with children’s preference moving to electronic toys over traditional ones, the toy industry will have to diversify and expand if it has to… Read More ›
HR & Organization
Appeal process for Uber could take years: London Mayor Sadiq Khan
Uber can continue to operate in London until this due process of law is expired. On Thursday, London Mayor Sadiq Khan stated Uber’s appeal against London’s transport regulator ban could go on for years. In September, Transport for London stripped… Read More ›
T-Mobile’s share buyback program could start from December
The company plans on using its collapsed merger with Sprint as a spring board to future M&A deals. On Thursday, T-Mobile’s CFO disclosed that the third biggest carrier will propose a “significant” share buyback that could begin in December. The… Read More ›
Bayer acquires Nestle’s baby food business head for its consumer health division
Heiko Schipper, 48, is set to join Bayer from March 2018. He will be replacing Erica Mann. Schipper will have to stem the flow of losses from Bayer’s non-prescription drugs business and manage the growing preference by consumers to shop… Read More ›
Airbus likely to land orders for 400 jets from Indigo Partners: Sources
Bill Franke, owner of Phoenix-based Indigo Partners, and Airbus’ John Leahy are likely to be the star of the Dubai Airshow. Bill Franke, a veteran investor in the airlines sector, is set to place a historic $40 billion order for… Read More ›
Nestle aims to boost infant nutrition business through reorganization
Here are the key steps Nestle will be taking to boost the performance of its infant nutrition business. On Wednesday, Nestle, the world’s largest packaged food manufacturer, stated it would reorganize its infant nutrition business to boost its performance. In… Read More ›
Flydubai close to ordering 178 Boeing 737 MAX jets: sources
Since the Dubai-based budget carrier current fleet of aircrafts are all from Boeing, in the event of flydubai ordering more jets, it is likely it will opt for Boeing’s aircrafts. Media reports had earlier said Airbus and Boeing were in… Read More ›
Demand for new homes adding to the strength of the Australian economy
With buyers wanting to have a piece of the “Australian dream” the housing market is seeing a bull run. Demand for new homes in Sydney’s suburbs, with buyers seeking the “Australian dream” of owning a house with a yard, is… Read More ›
Emirates pushing Airbus for the A380 superjumbo jet program
Airbus is willing to build the A380 only if its financially viable: unless orders queue up, it isn’t willing to develop the superjumbo jet. On Tuesday, at the Dubai Airshow, Tim Clark, the CEO of Airbus, stated the company’s board… Read More ›
Australia to enact law to safeguard its institutions against foreign influences
China has been accused, although it has promptly denied, of trying to influence Australia’s political system and systemic government institutions. On Tuesday, Australia said it plans on introducing reforms, by the end of this year, to combat covert political influence… Read More ›