On Sunday, more than 100,000 Poles demonstrated Sunday in support of European Union membership following a Polish court’s ruling that parts of EU law are incompatible with the constitution raising fears that Poland could potentially leave the bloc. Politicians across… Read More ›
Strategy
Malaysia left interstate and international travel restrictions for fully vaccinated residents
In a statement Malaysia said, it has lifted interstate and international travel restrictions for fully vaccinated COVID-19 residents. Malaysia has inoculated 90% of its adult population. Malaysian Prime Minister Ismail Sabri Yaakob said, the government has agreed to allow fully… Read More ›
Sanjeev Gupta’s GFG Alliance strikes debt restructuring deal with with Credit Suisse
The GFG Alliance has agreed to a debt restructuring deal with Credit Suisse for its Australian steel and coal mining assets; it has also announced plans to inject $68 million (50 million pounds) in restarting its Rotherham electric furnace in the… Read More ›
Coming weeks decisive for Iran nuclear deal: German Chancellor Angela Merkel
In a statement, German Chancellor Angela Merkel said, the coming weeks will be decisive for the future of the Iran nuclear deal while adding, every day passing day that goes by without Tehran responding to U.S. overtures on the nuclear… Read More ›
The New Proposed Global Tax Overhaul Puts Developing Countries In Dilemma
In a global shakeup, Ireland may have done the previously unthinkable by giving up its prized 12.5 per cent corporate tax rate. But it and other developed countries appear set to continue dividing the spoils of foreign direct investment. On… Read More ›
IMF Still Trying To Ramp Up Support For Its Proposed New Trust To Help Poorer Countries
Member support for a proposed Resilience and Sustainability Trust is still being sought by the International Monetary Fund. This trust will give an opportunity for richer nations to divert their IMF reserves to nations that are in need of funding…. Read More ›
Potential security threats from migration out of Afghanistan should be dealt with seriously: EU Home Affairs Commissioner Ylva Johansson
In a statement EU Home Affairs Commissioner Ylva Johansson said, Europe must take potential security threats arising from migration out of Afghanistan more seriously. “On the terrorist threat from Afghanistan, I must say that my assessment is that the alert… Read More ›
China Orders Coal Miners To Increase Output To Manage Power Shortage
An energy shortage throughout China in recent weeks has resulted in power cuts in millions of homes and businesses which has prompted the government to order coal mines to increase production, said reports quoting sources from China. According to Chinese… Read More ›
Surging Inflation Forces A Tightrope Walk For Consumer Goods Companies
Pepsi and Levi Strauss, two major global brands, told investors this week that they were raising prices to offset inflation, but rising costs of everything from aluminium to cotton signal tighter times ahead for consumer goods companies. Due to global… Read More ›
Nasdaq listed Universal Electronics Inc admits to employing Uyghur workers at its Qinzhou plant
In a significant development, Universal Electronics Inc, a U.S. remote-control maker said, it has struck a deal with Chinese authorities in Xinjiang to transport hundreds of Uyghur workers to its factory in Qinzhou, in the first confirmed case of a… Read More ›