Late on Sunday, a spokeswoman for Blackstone Group Inc said, the asset manager has reached an agreement to acquire Simply Self Storage from Canada’s Brookfield Asset Management Inc for around $1.2 billion. The news confirms an earlier report from the Wall… Read More ›
Almost half of its current portfolio of brand is to be cancelled by Coca Cola. Some beloved but out dated drinks such as Tab, Zico and Odwalla would be discontinued by it, the beverage giant had already announced. But earlier… Read More ›
The French government is asking its fishing industry to be prepared for a smaller catch after Brexit, said a report published by the news agency Reuters quoting sources form the industry. This is a clear signal that the French President… Read More ›
A net profit of £611 million ($797.7 million) was reported for the third quarter by the British bank Barclays on Friday as the lender attempts to stage a recovery from the hit it took because of the novel coronavirus pandemic…. Read More ›
The first big post-Brexit trade deal for the UK was signed after it formally inked a trade agreement with Japan. Under the deal, which was announced last month, no tariffs would be imposed on nearly all its exports to Japan… Read More ›
In what is likely to be Wells Fargo & Co’s biggest shake up since former Bank of New York Mellon chief executive Charles Scharf joined the bank as its CEO in 2019, sources familiar with the matter at hand have… Read More ›
In a significant development, Britain’s spending watchdog stated, “British companies may have fraudulently claimed up to $5.1 billion (3.9 billion pounds) in public money by accepting funds from a salary support scheme while ordering furloughed staff to still work during… Read More ›
In a significant development which marks Britain’s first big post-Brexit step, Japan and Britain have formally entered into a trade agreement on Friday. Japanese Foreign Minister Toshimitsu Motegi and UK Trade Minister Liz Truss signed the agreement in Tokyo.
In a legal blow to German chemical giant Bayer’s Monsanto unit lost a final appeal in a marathon legal battle in France in which it has been held liable for the accidental inhalation of a weedkiller by a crop farmer. In… Read More ›
United Kingdom’s chief scientific advisor believes that it is likely that Covid-19 will become as “endemic” as the annual flu virus. None of the potential vaccines are likely to eradicate the virus, said Patrick Vallance, even though some of the… Read More ›
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