Troubles that started soon after the arrest and ouster of its former Chairman Carlos Ghosn is persisting for the Japanese car maker Nissan. Its profits are on a downward slide and the company now braces for more hits because of… Read More ›
Strategy
Mobile World Congress 2020 called off over Coronavirus fears
The annual telecoms industry gathering event, the Mobile World Congress (MWC), was cancelled on Wednesday following a mass exodus by exhibitors over fears over China’s coronavirus pandemic. The annual event which draws more than 100,000 visitors to Barcelona was cancelled… Read More ›
SEC investigating improper payments by Thales-Raytheon Systems in the Middle East since 2014
In a filing, Raytheon has disclosed, it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) related to an investigation into the possibility of improper payments made for contracts in certain Middle East countries since 2014. The… Read More ›
UK’s Regulator Ofcom Will Now Regulate Social Media In The Country
The United Kingdom based watchdog Ofcom will now be handed over new powers to ensure that social media companies are forced to take action against harmful content. This is the first time that such a step is being taken for… Read More ›
Loss Of Nature Will Cause Big Hit To Global Economic Growth, Says New Report
The World Wildlife Fund has warned that about £368bn a year will be wiped off global economic growth by 2050 because of loss of nature. One of the major losers in this will be the United Kingdom which will see… Read More ›
JPMorgan selected as adviser for sale of stake in Turkey’s $7.3 billion motorway: source
According to four sources familiar with the matter at hand, JPMorgan has selected picked as an adviser for the sale of a stake in a $7.3 billion motorway in Turkey. The project has been billed as a landmark project in… Read More ›
Singapore’s biggest bank, DBS Asia Central, evacuates 300 staff over China’s coronavirus
On Wednesday, according to an internal memo from DBS, Singapore’s biggest bank, 300 staff from its head office have been evacuated as a precautionary measure following a confirmed coronavirus case at the bank. “I regret to inform you that there… Read More ›
Oil traders pour funds into green initiatives in search of sustainable business model
With oil traders seeking to match profits they make from trading oil from climate friendly projects, they are pouring hundreds of millions of dollars into such projects which include wind farms, blue hydrogen and cow manure plants. As a result… Read More ›
There Will Be Trade Barriers After Brexit, Says UK’s Michael Gove
Those businesses of the United Kingdom who trade with Europe will need to prepare themselves for “significant change” with “inevitable” border checks for “almost everybody” who wants to imports products from the European Union starting next year, Michael Gove, the… Read More ›
At Least A Year Before Any Coronavirus Vaccine Can Be Available In The Market, Says UK Scientist
People should not expect a vaccine to the dreaded coronavirus to be available in the market at least until next year even though there has been advancement made in recent times on the vaccine, said British scientist Dr. Robin Shattock… Read More ›
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