A research report shows that in the first half of the current year, investment between the United States and China have dropped to a nine-year low because of the bilateral tensions between the two countries with possibility of more Chinese… Read More ›
According to the head of tax at the OECD, there is now a “solid basis” for the global talks on updating international tax rules for the digital age and the situation is good enough to wrap up the negotiation by… Read More ›
In a statement embattled Chinese telecom network maker Huawei Technologies Co Ltd said, it will be cutting more staff from its Australian operations midst strained relations between Canberra and Beijing. Huawei will also trim its investments in the country. In… Read More ›
An international group of investigative journalists has been provided with thousands of documents that provide details of money worth about $2 trillion that potentially was amassed through corrupt means and had passed through the financial system of the United States…. Read More ›
With the number of daily coronavirus infections continuing to rise rapidly, it is likely that more restrictions on public life in the coming days will be imposed by European countries, according to analysts. “Expect lots more restrictions over the days… Read More ›
According to two sources familiar with the matter at hand, Societe Generale is gearing up to launch the sale of its asset management arm Lyxor with the French lender aiming to shore up its finances following two consecutive quarterly losses…. Read More ›
In a move that marks the acceleration of consolidation in Chinese brokerage firms, China’s Guolian Securities Co said it will acquire Sinolink Securities Co through a share swap and stake purchase. The development comes at a time when financial conglomerates… Read More ›
In a statement, U.S. auto parts maker Garrett Motion Inc said, it has filed for Chapter 11 bankruptcy protection, as its struggles with its heavy debt due to a payment settlement dispute with its former parent Honeywell International Inc. In… Read More ›
On Monday, shares of Standard Chartered’s and HSBC in Hong Kong fell vertically following media reports that the two banks along with other banks transferred large sums of allegedly illicit funds for nearly two decades despite the transfers being red… Read More ›
Fish scales that would generally find their way into trash cans at restaurants or those of the fish markets is being collected by a French company. The news agency Reuters reported that the firm is turning the fish scales into… Read More ›
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