According to a news report from South Korea’s Yonhap news agency, Hyundai Motor Group’s executive vice chairman Euisun Chung is set to become its chairman on Wednesday. The development sees Euisun Chung formally taking over the reins of the car… Read More ›
On Wednesday, Britain’s biggest asset manager said, it plans on increasing the number of companies it assess and engages vis-a-vis climate change, in order to accelerate global efforts to move towards a low-carbon economy. In a statement Legal & General… Read More ›
Late on Tuesday, the CEO of cinema operator AMC Entertainment Holdings Inc said, the company may need to raise additional capital as an option, either entirely or through equity. “There was no further contingency planning underway beyond raising additional capital,”… Read More ›
Amid pressure from the United States to exclude the Chinese telecom equipment maker Huawei from supplying key telecoms equipment, wireless service providers Orange and Proximus have chosen to partner with Nokia for the construction of state of the art next… Read More ›
In September, the milestone for delivering the highest number in any month so far this year was achieved by the European plane making giant Airbus. But the company could not manage any new sales because of the conditions of the… Read More ›
More needs to be done by the international community in order to address the economic impact of the novel coronavirus pandemic which started n China at the end of last year and then spread to the rest of the world…. Read More ›
In a significant development, major French unions have signed a keenly awaited labor deal with Airbus which covers job reductions and furloughs for production workers who have been affected by coronavirus-blighted demand for passenger jets. The development comes in the… Read More ›
According to Chinese customs data released on Tuesday, Beijing’s trade surplus with the United States has narrowed to $30.75 billion in September, down from $34.24 billion a month earlier. For the first nine months of the year, China’s trade surplus… Read More ›
According to a report from the Financial Times, the EU’s new trade chief has told the United States to remove the imposition of tariffs on more than $7 billion EU products or face additional duties on exports to Europe, in… Read More ›
On Monday, the Organisation for Economic Co-operation and Development said, the global economy could see a drop of more than 1% in output if international talks to rewrite cross-border tax treaties break down and trigger a trade war. On Friday,… Read More ›
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