Hyundai Card has asked banks to pitch proposals for a potential IPO and expects to receive the proposals from banks by October 22. On Tuesday, Hyundai Card, the credit card unit of Hyundai Motor Group, disclosed it is preparing for… Read More ›
Strategy
Tesco Bank adds John Kingman to its board of directors
John Kingman was closely involved in the British government’s response to the 2008 financial crisis as Second Permanent Secretary to the treasury. On Monday, Tesco’s financial arm stated, it has appointed John Kingman, the businessman who oversaw Britain’s bailout of… Read More ›
Banknote and passport printer De La Rue Plc appoints Clive Vacher as its CEO
London-listed De La Rue has printed nearly one third of the world’s banknotes in circulation; it is also the world’s biggest commercial printer of passports. On Monday, passport and Banknote printer De La Rue Plc stated, it has named Clive… Read More ›
Japan Implements Sales Tax Hike Despite Fears Of Hit On Consumer Spending
Despite concerns that increasing sales tax would have an adverse impact on the domestic economy, Japan has stuck to its earlier announcement of increasing consumption tax on goods for the first time in the last five years. The decision had… Read More ›
Jobs And Global Living Standards Threatened By Tariffs, WTO Says
While slashing its forecast for growth in global trade for the entire of 2019, the World Trade Organization also issued a warning against a threat to loss of jobs and a drop in living standards because of the outbreak of… Read More ›
Vietnam imposes anti-dumping tariffs on Chinese aluminum products
Vietnam is also cracking down on Chinese export products that are mislabelled as “Made in Vietnam” in order to avoid U.S. tariffs on products made in China. Following an investigation which was launched in January 2019, which found that Chinese… Read More ›
Chevron Corp’s shale oil game plan
Whereas other shale oil companies have failed to deliver returns demanded by investors, Chevron Corp’s strategy has paid off well. U.S. oil giant Chevron Corp is turning to drilling alliances and joint ventures in its bid to dominate the Permian… Read More ›
U.S. escalates trade row with the EU: imposes 25% tariffs on alcohol products, Italian cheese, etc
These new tariffs are likely to significantly impact numerous U.S. small and medium sized family businesses which import these European goods into the United States. In a significant development that sees a further escalation of the U.S.-EU trade war, the… Read More ›
Vice Media acquires online publication Refinery29 for undisclosed sum
According to a report from the Financial Times, the combined value of the deal has been pegged at $4 billion. Vice Media LLC has disclosed it will be acquiring Refinery29, an online publication that focuses on entertainment and lifestyle for… Read More ›
Global fiscal crisis poses biggest threat to global economy: World Economic Forum survey
Here is the result of the WEF’s Executive Opinion Survey. According to the results of a survey by the World Economic Forum which was published on Tuesday, the possibility of a fiscal crisis at the world stage is the biggest… Read More ›
manageria.biz 