In China, Walmart will be in a tough environment and will be competing with the likes of Alibaba Group Holding Ltd and Tencent Holdings Ltd who have cut deals to combine online and high street shopping. In a significant development,… Read More ›
Strategy
Coca-Cola receives permission to sell Coca-Cola Energy
The development will place Coca-Cola in direct competition with Monster Beverage. In a statement Coca-Cola Co stated, an arbitration tribunal has informed it that it could go ahead with the sale of its energy drink under the terms of the… Read More ›
The European Union and Vietnam sign landmark free trade agreement
The EU-Vietnam Free Trade Agreement (EVFTA) is “the most ambitious free trade deal ever concluded with a developing country” to date. In a landmark development, the European Union has signed a free trade deal with Vietnam, its first with a… Read More ›
Japan’s tech export curbs violate WTO rules: Seoul
Japan’s move to impose restrictions on tech exports to South Korea, is likely to impact the ability to purchase semiconductor materials, including flexible smartphone displays, by South Korean companies; the move is likely to be a reaction to South Korea’s… Read More ›
Barbara Levi to be Rio Tinto’s general counsel
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 ›
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 ›
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