Cars running on only on fossil fuels will be banned by the United Kingdom in 2030 in a move that is aimed at phasing out polluting vehicles before any other major economy in the world while also supporting the recovery… Read More ›
Strategy
Largest Ever Fall Predicted In Sale Of Global Luxury Goods For 2020, According To Bain Forecast
According to consultancy firm Bain, a fall of 23 per cent is set to be recorded in the sales of luxury goods worldwide to 217 billion euros ($258 billion) in the current year which be the largest such fall in… Read More ›
National Australia Bank temporarily closes branches over physical security threat
On Wednesday, in a statement the National Australia Bank said it was temporarily closing its branches to mitigate a “physical security threat” without providing any further details. National Australia Bank said, it was working with the police and will issue… Read More ›
Brian Brooks set to become comptroller of currency: White House
In a statement the White House said, U.S. President Donald Trump plans on nominating Brian Brooks as the county’s comptroller of the currency, a five-year term. Brooks is currently the acting comptroller. Previously he served as chief legal officer of… Read More ›
Unilever sets optimistic sales targets for dairy & meat alternatives
On Wednesday, in a statement Unilever stated, it expects sales of its plant-based dairy and meat products to touch 1 billion euros sales in the next 5 to 7 years. Unilever is seeing a growth in this sector thanks to rising sales… Read More ›
Beyond Meat launches plant-based minced pork in China
On Tuesday, Beyond Meat Inc launched a plant-based minced pork in China. The Los Angeles-based producer of plant-based alternative meat substitute is seeking to tap growing demand for its products in the lucrative Chinese market. In a statement Beyond Meat said,… Read More ›
NASA And Actor Tom Cruise Working On Shooting A Film At The International Space Station
The United States space agency NASA and actor Tom Cruise are working together to create a movie on the International Space Station, the head of NASA had confirmed. The news that Cruise will be launched into space and stay aboard… Read More ›
Japan Now Part Of The Economic ‘Zoom Boom’ Trend Of Growth
A growth of 5 per cent in the third quarter of this year had=s now pushed the Japanese economy out of recession. With the novel coronavirus pandemic induced lockdowns hit its manufacturing sector and consumer spending, the country witnessed a… Read More ›
U.S. asset manager AllianceBernstein applies for setting up mutual fund unit in China
According to a post in China’s securities website, U.S.-based asset manager AllianceBernstein’s Hong Kong unit has applied to set up a mutual fund in China. The website of China’s Securities Regulatory Commission shows that application documents from AllianceBernstein Hong Kong… Read More ›
Saudi Aramco hires bankers ahead of multi-tranch U.S. dollar denominated bond issue
On Monday, oil giant Saudi Aramco stated, ahead of its launch of its U.S. dollar-denominated bond issuance, it has hired a group of banks, in a stock exchange filing. Saudi Aramco, the world’s biggest oil company is aiming to raise capital… Read More ›