Business and households that have been hit by the ongoing coronavirus outbreak in Singapore will be helped by the government which has set aside a total of 5.6 billion Singapore dollars or $4.02 billion in reserves for the purpose for… Read More ›
Regulations & Legal
UK companies have to spell out financial impact of coronavirus in annual reports: Britain’s financial watchdog
On Tuesday, Britain’s accounting watchdog stated, companies should disclose the financial impact that China’s coronavirus will have on their businesses, if any. Annual reports for 2019 are due and companies are required by law to disclose the main risks and… Read More ›
Britain To Host Chinese Firm ‘Implicated’ In Human Rights Abuses Of Uighur Minority In China
A Chinese Chinese surveillance company that was “implicated” by the United States and subsequently blacklisted by it for its gross violation of human rights violations in China’s efforts to deal with the Uighur Muslim minority uprising will be promoted by… Read More ›
Coronavirus Impacting Global Operations, Say American Firms In China: AmCham Survey
A poll conducted by Shanghai’s American Chamber of Commerce (AmCham) has found that an impact of the business shutdowns due to the coronavirus epidemic is already being felt in the global operations of almost half of the American companies in… Read More ›
Climate change making insurance premium unaffordable: Australia’s QBE Insurance Group
On Monday, Australia’s QBE Insurance Group stated, climate change is likely to make a group of insurance premiums unaffordable for customers who are exposed to extreme weather events. As a result, there is “material risk” for its operations across the… Read More ›
China’s Great Wall Motor to purchase General Motors’ Thailand car plant
On Monday, China’s Great Wall Motor stated it had signed a binding agreement to purchase General Motors’ car plant in Thailand. General Motors is retreating from markets outside of the United States and China and is winding down designs, sales… Read More ›
USTR Issues Phone Number For US Companies Over To Complain China’s Trade Practices
A dispute resolution office and complaint hotline has been established by the United States S. Trade Representative’s office which will be responsible to ensure that the so called Phase 1 trade agreement between the US and China is enforced, the… Read More ›
Stagnating European Economy Is A Candidate For Coronavirus Shock From China
Amidst resurging fears of a European recession after the last quarter of 2019 turned out a no growth year for Germany and as the deadly coronavirus threatens to drastically reduce exports to China. There was no growth in the German… Read More ›
Airbus Loss Of €1.4bn Primarily Because Of A Record Bribery Fine
Despite an annual loss of €1.4bn for 2019 partly because of the record fines for bribery, the , European aircraft maker Airbus raised its dividend for shareholders as it also reported deliveries of aircraft to be at an all time… Read More ›
Amid The Virus Threat, Japan’s Nissan Reports 83% Drop In Profits
Troubles that started soon after the arrest and ouster of its former Chairman Carlos Ghosn is persisting for the Japanese car maker Nissan. Its profits are on a downward slide and the company now braces for more hits because of… Read More ›
manageria.biz 