On Friday, in a development that marks a change in Turkey’s stance towards Israel, Turkish President Tayyip Erdogan said he wants Ankara to have better ties with Israel even as talks at the intelligence level continues between the two countries…. Read More ›
Strategy
Farallon Capital Management joins Effissimo Capital Management for Toshiba EGM
On Friday, U.S. hedge fund Farallon Capital Management stated it has asked Toshiba Corp to convene an Extraordinary General Meeting (EGM) over its investment strategy. This is the second such call for an EGM in a week by major Toshiba… Read More ›
Starting from Monday, all UK passengers flying to US must test negative for COVID-19: CDC
In a significant development, the Centers for Disease Control and Prevention (CDC) said starting from Monday, the U.S. government will require all airline passengers coming from the United Kingdom to test negative for COVID-19 within 72 hours of departure. All… Read More ›
Britain & EU clinch narrow trade deal
In a significant development, negotiators from the European and the UK have clinched a narrow Brexit trade deal, just seven days before Britain is set to leave the world’s biggest trade bloc. The deal offers Britain a way out of… Read More ›
Older American Workers Being Forced To Retire Early Due To Pandemic
The novel coronavirus pandemic has hit the American job market hard as it has gone from being the strongest in decades to a very weak one. And those who are finding it most hard to negotiate this job market are… Read More ›
Google To Partner With Oil Giant Saudi Aramco To Offer Cloud Services In The Gulf Region
A joint venture between Google and the Saudi Arabian state-owned oil producer Saudi Aramco will open a “cloud region” where it can provide its cloud services in the kingdom with the novel coronavirus pandemic speeding up adoption of digital solutions… Read More ›
China indefinitely suspends direct flights from UK
On Thursday, a spokesman for China’s foreign ministry said, Beijing will suspend direct flights to and from the United Kingdom until further notice. The announcement comes over fears of a new strain of the coronavirus spreading across the UK. “After… Read More ›
EU-UK on the cusp of Brexit deal
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 ›
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 ›