Elliot is pushing Pernod Ricard to boost its margin and growth potential and come on par with its British rival Diageo; it also wants better corporate governance from the group. Despite stating that French drinks group Pernod Ricard’s results were… Read More ›
Strategy
Barclays Plc hires investment banker Riaz Ladhabhoy
Barclays Plc appears to be positioning itself for the record number of tech IPOs scheduled for take off this year. Barclays Plc has hired Riaz Ladhabhoy, an investment banker from Deutsche Bank to be its co-head of internet banking in… Read More ›
UK businesses hiring fewer permanent position since 2016: survey
The KPMG/Recruitment and Employment Confederation (REC) Report fell from 53.7 to 49.7, indicating a contraction in the job market. On Friday, the results of a recent survey of recruiters has piled on mounting evidence of business caution ahead of Brexit…. Read More ›
Brexit Uncertainty A Reason For Weakest Outlook For UK Since 2009: BOE
Growing uncertainty over Brexit and a general slowdown in the global economy were identified to the reasons by the Bank of England (BOE) to be the reasons for the UK economy to potentially registering the weakest economic growth in a… Read More ›
David Malpass Picked By Trump To Head World Bank
Senior Treasury Department official David Malpass has been handpicked by United States president Donald Trump as a candidate to head the World Bank. It is expected that Malpass would alter the focus of the international bank and one of the… Read More ›
Qatar Petroleum and Exxon Mobil Corp to invest $10 billion in expanding Texas LNG plant
The development assumes strategic importance for primarily two reasons, 1) an alternative to Russian energy supplies and 2) LNG is set to dominate the fossil fuel market in the near future and and companies are racing to get a dominant… Read More ›
‘Massive’ Impact Of Tariff Hike Due To US-China Trade War: UN
There would be “massive” implications for the global economy if there is an increase of tariffs on Chinese goods by the United States next month, warned a UN trade official. If the 90 day truce to the trade war between… Read More ›
Experts Say UK Could Benefit From A Delay Of Brexit Deadline
According to analysts, there can be some benefits for the UK is there is an extension of Brexit talks even as the United Kingdom and the European Union are still to come to an agreement over the impending divorce between… Read More ›
Construction industry booming in UK cities: Deloitte’s real Estate Crane Survey
The results of Deloitte’s real Estate Crane Survey is surprising given the uncertainties surrounding Brexit. On Tuesday, in a report accounting firm Deloitte disclosed, construction activities in four regional cities in Britain have touched a record high despite the uncertainty… Read More ›
New WTO rules unlikely to rein in China: USTR report
Economies across the globe have come to realise that China’s non-market economic policy and trade structures as well as its state-led, mercantilist approach to trade, is skewed and lopsided; it benefits only China, to the detriment of its trading partners…. Read More ›