The Venezuelan oil sector and its state owned oil giant PDVSA were the target of the sanctions by the United States announced earlier this week. the main aim was however to put as much of economic pressure as possible on… Read More ›
Strategy
Fast Expansion Of Internet Service Sector Of China In 2018
China’s the Ministry of Industry and Information Technology (MIIT) has claimed that there was significant growth in the e-commerce and online gaming industry in the country even as the entire of the internet service and related sectors also expanded better… Read More ›
Tough For European Banks To Hire Talent As US Banks Paying More
Intense competition in recruitment by US banks and a slew of new regulations is preventing European banks from being able to hire the right people, said media reports quoting sources and experts from the industry. “It is a vicious circle,… Read More ›
French drinks group Pernod Ricard needs to be more ambitious: Elliot Management
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 ›
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 ›
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