Following its decision to sell off its entire remaining business in Alaska to a private oil and gas firm, British Petroleum no longer will have any oil and gas operations in this North American region. All of the assets and… Read More ›
Strategy
Eu-Mercosur trade deal could be signed by next year: Senior EU Official
The EU has made it amply clear that the ball lies in Brazil’s court. Its behavior will have to change its attitude for the deal to come through by late 2020. On Wednesday, a senior official from the European Union… Read More ›
Restrictions On Sending Money Abroad Imposed In Greece During The Debt Crisis To Be Removed
The strict restrictions on depositors of Greece that were imposed when the debt crisis in the country was at its height four years ago are set to be lifted off. This change in monetary policy being planned to be implemented… Read More ›
UN Report Says Climate Change Can Be Fought By Consuming Plant-Based Diet
Global warming is being fueled by the high consumption of meat and dairy products of people in the Western countries, says a major report on land use and climate change. However the scientists and officials who discussed the report did… Read More ›
No Signs Of Looming Recession Seen By Starbucks, Says Its CEO
The current business at Starbucks does not agree with the currently prevalent sentiments and fears of the recession, said the company CEO Kevin Johnson in a television interview. He said that the investments that the company had made in its… Read More ›
Kraft Heinz Co names Paulo Basilio as its next CFO
Paulo Basilio, who will take over from Sept. 1, will be replacing David Knopf, who will return to Brazilian private equity firm 3G Capital as a partner. Kraft Heinz Co has named Paulo Basilio as its next chief financial officer… Read More ›
Rob Lynch to head Papa John’s International Inc
Rob Lynch will become the CEO of the Pizza chain effective from today. According to a report from Bloomberg, Papa John’s International Inc is set to appoint Rob Lynch, president of Arby’s Restaurant Group Inc, as its new chief executive… Read More ›
Russia’s Rostec agreeable to out-of-court-settlement for non-delivery of Boeing 737 MAX jets
Avia Capital Service is now demanding that Boeing return the deposit amount along with interest which totals to $75 million in “lost profit” and around $115 million in compensatory damages, plus “several times the amount” in punitive damages. On Tuesday,… Read More ›
World’s largest sovereign wealth fund should increase exposure to North Americans markets
Norway’s central bank is advocating a significant change in strategy in the way the Government Pension Fund Global, the world’s largest sovereign wealth fund, operates. According to fund manager of Norway’s $1 trillion sovereign wealth fund, which happens to be… Read More ›
Japan, U.S. Could Sign Trade Agreement This September
A bilateral trade deal between the United States and Japan is likely to be signed off by Japanese Prime Minister Shinzo Abe and US President Donald Trump in September this year following the leaders agreeing on the broad principles of… Read More ›
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