The firm’s strategic decision to voluntarily file an early protection from bankruptcy in October 2018, gave it some much needed breathing room. On Thursday, Steinhoff International stated its Mattress Firm Inc unit, the largest mattress retailer in the United States,… Read More ›
The U.S. has proposed to expand the list of high-technologies listed under Section 301 which bars their exports to countries that are deemed as unfriendly. On Thursday, a spokesman from China’s Commerce Ministry stated, Beijing is in the process of… Read More ›
While bitcoin is the most popular digital currency, there are others that one should take note off. Since the creation of bitcoin in 2009, there has been emergence of about 1,500 other crypto currencies. And they are categorised in segments… Read More ›
Both, France and Japan, have indicated that they are ready to stabilize and conslidate the alliance between Renault and Nissan. On Wednesday, French Finance Minister Bruno Le Maire stated, the consolidation of the alliance between France’s Renault and Japan’s Nissan… Read More ›
Airbus is continuing to overhaul its top management. On Wednesday, in efforts aimed at stabilizing its financial and operational pillars, Airbus named Dominik Asam as its next chief financial officer (CFO). Asam will replace Harald Wihelm, who has plans on… Read More ›
South Korea is witnessing a rise in passenger footfalls in international routes. South Korea’s biggest low-cost airline Jeju Air Co Ltd stated, it plans on purchasing 40 Boeing 737 Max 8 airplanes worth $4.4 billion at list prices. The deal… Read More ›
America is not benefitting from the trade tariffs it imposed on China – at least in terms of the destination of the companies that are leaving the second largest economy of the world because of the tariffs pressures. Products made… Read More ›
If there is evidence that indicates that the government of Saudi Arabia was involved in the murder of the Saudi journalist Jamal Khashoggi, the United Kingdom is ready to impose sanctions against the Kingdom, UK’s foreign office told the media… Read More ›
The contract revolves around the sale of a Global Hawk to Japan. As per a statement from the Pentagon, Northrop Grumman Corp has been awarded a $490 million U.S. defense contract for the sale of a Global Hawk unmanned surveillance… Read More ›
Carlos Ghosn is suspected to have under reported his income in his tax filings. Carlos Ghosn, Chairman of Nissan Motor Co Ltd has been arrested by prosecutors from Tokyo for alleged violation of Japan’s financial instruments and exchange act. As… Read More ›
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