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 ›
Strategy
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 ›
Dubai begins inoculating citizens with Pfizer-BioNTech COVID-19 vaccine
Dubai will begin inoculating people with the Pfizer and BioNTech COVID-19 vaccine from Wednesday, said the emirate’s government in a statement. The development marks Dubai joining Saudi Arabia, which was the first Arab country to begin inoculating people with the… Read More ›
Daimler’s truck division preparing for stock market debut
According to sources familiar with the matter at hand, Daimler is preparing a stock market debut for its trucks division, reported German business newspaper Handelsblatt. The unit could be floated at the end of 2021, said sources while adding that… 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 trucks could start rolling into France today: British Housing minister Robert Jenrick
On Wednesday, during an interview with Sky News television, British Housing minister Robert Jenrick stated he hoped trucks would begin rolling into France following Paris lifting its ban on freight coming from Britain following the outbreak of a new strain… 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 ›
ArcelorMittal SA, Nippon Steel Corp to build electric arc furnace at joint venture factory in Alabama
On Tuesday, ArcelorMittal SA and Nippon Steel Corp will spend $775 million to build an electric arc furnace at their U.S. joint venture in Alabama. They plan on starting a production during the first half of 2023, said Nippon Steel…. Read More ›