A new report on the environment has claimed that farmers and consumers can be helped to produce and eat better food if a “sustainability charge” is imposed on meat to cover the environmental damage it causes. The report produced for… Read More ›
Strategy
Qatar Airways interested in buying upto 20% stake in Chile’s LATAM Airlines
On Wednesday, the chief executive of Qatar Airways said, the airlines is interested in increasing its stake in Chile’s LATAM Airlines to 20%. Qatar Airways is waiting for the right opportunity and right price to consider increasing its stake in… Read More ›
Air freight demand weak from China: Air cargo operators
On Wednesday, big air cargo carriers stated, they dont have any immediate plans to add flights to China to replace the capacity lost midst steep cuts to passenger travel due to the coronavirus, with many factories choosing to remain closed… Read More ›
French port town Calais floating in post-Brexit duty free dreams
Authorities in Northern France, in the port town of Calais are lobbying the French government to create a duty-free zone which covers the entire town if a future trade deal between the EU and France trturns to trade tariffs. Calais’s… Read More ›
Coronavirus Outbreak Will To Curb Beer Sales In Asia, Says Carlsberg
The spread of the coronavirus in China and the resultant extension of the shutdown of some of the breweries in the country have forced Carlsberg A/S to forecast slower earnings growth. The company predicts a slump in beer consumption in… Read More ›
Extension Of Closure of Foxconn China Factories Could Hit iPhone Output For Apple: Reuters
In case of the temporary production halt at Foxconn’s Chinese factories because of the coronavirus outbreak into a second week could significantly impact the shipments to customers and there can be a a “big” production impact, impacting its customers including… Read More ›
Italian court orders ING to pay $33.17 million to settle money laundering probe: judicial source
On Tuesday, a court in Milan, ordered Dutch lender ING to pay $33.17 million (30 million euros) to settle a money-laundering case in Italy, said a judicial source. Judge Roberto Crepaldi imposed a penalty of 1 million euros on ING… Read More ›
Thailand’s exports to China affected by coronavirus, to lose $65M in Q1
On Tuesday, a Thai shipping association said, Bangkok could lose as much as $64.6 million (2 billion baht) in exports to China in the first quarter due to the outbreak of the coronavirus; this is yet another example of the… Read More ›
Turkmenistan to build new city from scratch
On Tuesday, Turkmenistan stated, it will be importing equipment and materials worth $1.5 billion to build a new city from scratch. The project in the gas-rich Central Asian country is overseen by its President, Kurbanguly Berdymukhamedov’s son. The move is… Read More ›
China seeking flexibility on its Phase-1 trade deal purchase commitments: sources
With China’s coronavirus threatening to put the brakes on China’s recovering economy, Chinese officials are hoping the U.S. will agree to some flexibility on its pledges in the recently signed phase-1 trade deal, said sources familiar with the situation at… Read More ›
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