Responding to the latest increase in duties aimed in a dispute over China’s technology policy by the United States President Donald Trump, China announced increasing of tariff on $60 billion of U.S. products. The Chinese measure was announced soon after… Read More ›
An incentive package that can be as high as £50m was signed off by the major shareholders of the fast growing UK based fashion retailing company Boohoo for its new chief executive in case the company is able to reach… Read More ›
Jack Ma’s remarks on the escalating trade war between the U.S. and China, were made at an investor conference. On Tuesday, during an investor conference, Jack Ma, Alibaba’s co-founder and chairman said, he expects trade frictions between China and the… Read More ›
In a strategic move aimed at positioning itself in a stronger position during negotiations, U.S. President Donald Trump has imposed a 10% tariff on Chinese exports to the U.S. for goods worth $200 billion. The tariff is applicable to the… Read More ›
The development assumes strategic importance since the development is part of a package aimed at diversifying Saudi Arabia’s oil-export driven economy. In a development that marks the first commercial borrowing by Saudi Arabia’s top sovereign wealth fund, the Kingdom’s Public… Read More ›
In its assessment, the International Monetary Fund stated a myriad unresolved issues still need to be ironed out before Brexit’s March 29 deadline. A no-Brexit deal will significantly impact the country’s economy. On Monday, the International Monetary Fund disclosed, Britain… Read More ›
FINMA’s investigation has focused on Credit Suisse failing to combat corruption in cases linked to soccer body FIFA and Venezuelan and Brazilian state oil companies. On Monday, Swiss finance industry watchdog FINMA stated, the operations of Swiss multinational investment bank… Read More ›
The suggestion by Lou Jiwei, a former finance minister, would feed the most hawkish sentiments in the Trump Administration and would attract a sharp retaliation from the U.S. With U.S. President Donald Trump expecting to announce new tariffs on U.S…. Read More ›
The closure of Henri Bendel by L Brands Inc, its parent, brings an end to a company which opened its first store in New York’s Greenwich Village in 1895. The owner of Victoria’s Secret – L Brands Inc – stated… Read More ›
The acquisition will bring health conscious snack brands such as Original Tings, Pirate’s Booty, and Smart Puffs to its portfolio. Hershey Co disclosed its all-cash deal wherein it would be acquiring Pirate Brands from B&G Foods Inc for $420 million…. Read More ›
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