On Friday, in a development that marks a change in Turkey’s stance towards Israel, Turkish President Tayyip Erdogan said he wants Ankara to have better ties with Israel even as talks at the intelligence level continues between the two countries…. Read More ›
Regulations & Legal
Farallon Capital Management joins Effissimo Capital Management for Toshiba EGM
On Friday, U.S. hedge fund Farallon Capital Management stated it has asked Toshiba Corp to convene an Extraordinary General Meeting (EGM) over its investment strategy. This is the second such call for an EGM in a week by major Toshiba… Read More ›
Britain & EU clinch narrow trade deal
In a significant development, negotiators from the European and the UK have clinched a narrow Brexit trade deal, just seven days before Britain is set to leave the world’s biggest trade bloc. The deal offers Britain a way out of… Read More ›
Older American Workers Being Forced To Retire Early Due To Pandemic
The novel coronavirus pandemic has hit the American job market hard as it has gone from being the strongest in decades to a very weak one. And those who are finding it most hard to negotiate this job market are… Read More ›
EU-UK on the cusp of Brexit deal
On Thursday, in a significant development, the European Union and Britain are on the cusp of striking a trade deal potentially overcoming a cliffhanger Brexit. Britain’s Brexit has dealt a blow to pioneering efforts to bring together a unity among… Read More ›
Continuing UK Border Chaos Prompts Lufthansa To Airlift Fresh Food To England
As the threat of shortages of food and other vital supplies loomed large due to a continuation of chaos at the UK-French border, Germany’s Lufthansa operated a special cargo flight to England for delivering fruit and vegetables on Wednesday. A… Read More ›
Japan’s Nissan Now Need Help From Its Suppliers To Stage A Turnaround
The Japanese automaker Nissan’s revival under the leadership of Carlos Ghosn in 1999 and beyond was arguably obtained by cost cutting which hit the company’s suppliers the most. However, currently the auto maker currently is trying to stage another turnaround… Read More ›
Pfizer-BioNTech Covid-19 vaccine authorised for use by European Commission
Even as the second wave of the novel coronavirus pandemic is sweeping through many regions of Europe, the Covid-19 vaccine developed by Pfizer and BioNTech has been now approved by the European Commission earlier this week. The approval has been… Read More ›
Brexit trade deal possible by Wednesday: ITV’s political editor Robert Peston
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 ›
UK-EU Narrows Gap On Fishing, But Trade Deal Is Still Uncertain
While the two sides in the Brexit talks – the United Kingdom and the European Union, have apparently reduced their differences with relation to fishing rights to European vessels in British sea waters starting 2021, this politically sensitive issue still… Read More ›