Barbara Levi is currently the Group Legal Head, M&A and Strategic Transactions for Novartis. She will be joining Rio Tinto on January 1, 2020 and will be replacing Philip Richards who will be retiring from Rio Tinto on December 31,… Read More ›
Strategy
Qatar purchased $500 million Lebanese government bonds
Qatar’s move is probably aimed at increasing its traction in the Middle East and comes in the wake of Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cutting diplomatic ties with it since June 2017 and have accused Doha… Read More ›
Saudi Arabia central bank, reviewing license requests for 2 new banks
Will provide further details as soon as they are available. In an interview to Al Arabiya TV, Ahmed al-Kholifey, the Governor of Saudi Arabian Monetary Authority (SAMA) stated, the Kingdom’s central bank is reviewing license requests for two new Saudi… Read More ›
Secondhand Fashion Site TheRealReal Does Well At The US Stock Exchange
The circular economy around fashion is seemingly caught the fancy of US investors in the United States as there was a 40 per cent rise in the stock price of The RealReal, the US secondhand luxury fashion website, soon after… Read More ›
New Electric Vehicles Must Emit Noise For Safety Reasons, New EU Directive
A new European Union regulations that is set to be implemented from Monday, there has to be a device that would emit sounds in all of the new electric vehicles. This directive has been adopted by the EU after there… Read More ›
Trade Talks Between Japan And US To Be Accelerated
Japan and the United States are eager to strike a two-way trade agreement and both the countries would begin working-level meetings with greater intensity starting early next month as agreed between the two sides, said the Japanese Economy Minister Toshimitsu… Read More ›
Facebook’s Digital Currency Libra Likely To Face Strict Regulatory Scrutiny
While there are high hopes that Libra – the planned crypto currency of social media giant Facebook set to be launched in 2020, would be recognized globally as a legal tender within a year, there are many analysts who believe… Read More ›
Top Cocoa Producers Ivory Coast And Ghana To Set Minimum Floor Price
Two of the top cocoa producers of the world who account for 60 per cent of global supply – Ivory Coast and Ghana, have joined hands to set a minimum floor price for cocoa for chocolate companies in order to… Read More ›
EU Ministers To Participate In Cyber War Games To Prepare For Cyber Threat Form Russia And China
Following a number of incidents of cyber hacking from by elements in Russia and China that have caused an obvious alarm among European governments, the European Union now wants to respond to them and is will conduct a war games… Read More ›
UK Could Be Short Of Natural Gas Supply After Brexit
After Brexit, there could be shortage in supply of gas to the UK along with a potential rise in prices, warned an industry leader of the nation. In the eventuality of EU nations prioritizing their own countries during winter cold… Read More ›