There is a growing number of business elites who raise questions about disparity in wealth distribution in the world and Richard Branson, founder of the Virgin Group stands out among them. Branson, the billionaire entrepreneur known for his philanthropy as… Read More ›
Strategy
New System Of Screening Foreign Investment Passed In EU Aimed At China
A system that would result in greater scrutiny of foreign investment – notably from China, was passed by lawmakers of the European Union which, according to statements, would help the EU to better protect strategic technologies and infrastructure in the… Read More ›
French President Emmanuel Macron launches stategic electric battery production plan
Countries are waking up to the serious threats posed on over-reliance on Chineese goods and its ramifications on their supply chains. In a significant development French President Emmanuel Macron disclosed, France will invest $790 million (700 million euros) over the… Read More ›
Tesla unveils ‘Sentry Mode’ for its vehicles manufactured after Aug. 2017
Given that 773,139 motor vehicles had been reported as stolen in the United States in 2017, Tesla’s ‘Sentry Mode’ feature makes its offering more attractive to potential buyers. In a development that makes Tesla’s cars more attractive to consumers, Tesla’s… Read More ›
European Commission adds Saudi Arabia to dirty-money blacklist
Britain has opposed Saudi Arabia’s inclusion in the list because of it probably bad for business, especially for the City of London. In a significant development, the European Commission has added a host of countries including Saudi Arabia, Nigeria, Panama,… Read More ›
U.S.-China high-level trade negotiations begins in Beijing
The talks will end on Friday. On Thursday, China’s state news agency Xinhua reported, the United States and China have begun high level trade negotiations in Beijing. The Chinese team is being led by Chinese Vice Premier Liu He while… Read More ›
NY fund manager pleads guilty to Belize airport scam
Brent Borland, 48, a principal at Borland Capital Group, has pleaded guilty to ripping off dozens of investors to the tune of $21.9 million. As per a statement from the U.S. Department of Justice, Brent Borland, 48, a NY-based investment… Read More ›
Economic Uncertainty Results In Drop In Optimism Among US Small Business Owners
According to a report by the National Federation of Independent Business (NFIB) of the United States, the uncertainty of the future of economic growth has resulted in the fall in optimism among small businesses in the US in the month… Read More ›
The EU Should Make More Brexit Concessions To The UK, Says German Think Tank
According to one of the better known German economic think tank, more concessions should be offered to the UK over Brexit. Steps should be taken to keep the “EU and the UK in a joint customs territory after 2020”, said… Read More ›
Ford relocating its production facilities to sites outside Britain
Manufacturing companies appear to be done with contingency plans. They are now doubling down on their alternative plan and moving their production out of Britain due to lack of clarity from Brexit. As per a report from The Times, Ford… Read More ›