The suggestion by Lou Jiwei, a former finance minister, would feed the most hawkish sentiments in the Trump Administration and would attract a sharp retaliation from the U.S. With U.S. President Donald Trump expecting to announce new tariffs on U.S…. Read More ›
Strategy
The Iconic Beetle Model Of VW To Be Discontinued In 2019
The classic and iconic Beetle brand was announced to be brought to an end by German car maker Volkswagen. This announcement was made by the firm’s American unit. According to the announcement, the company would no longer manufacture any of… Read More ›
ATM Closure Rate In UK Is Very High, Shows Link Data
According to the latest figures from the Link, the organization that oversees the ATM network in the United Kingdom, the rate of closure of cash vending machines has reached a record high. The number of free-to-use ATMs in the country… Read More ›
Amazon’s CEO, Jeff Bezos, commits $2 billion towards CSR
Jeff Bezos’ new philanthropic aims to create the Bezos Day One Fund which will have sub funds catering to various interest groups, including providing full scholarships to pre-schools children in low-income communities and support existing NPOs that offer shelter and… Read More ›
Henri Bendel’s brick-and-mortar stores and website to close on Feb 1, 2019
The closure of Henri Bendel by L Brands Inc, its parent, brings an end to a company which opened its first store in New York’s Greenwich Village in 1895. The owner of Victoria’s Secret – L Brands Inc – stated… Read More ›
Chung Eui-sun appointed to chief vice chairman of Hyundai Motor Group
Chung Eui-sun role includes helping the company manage trade dynamics in major markets midst a deteriorating global trading condition. On Friday, Hyundai Motor Group disclosed it has appointed Chung Eui-sun, who was so far vice chairman of the Hyundai Motor… Read More ›
Hershey Co acquires Pirate Brands from B&G Foods for $420 million
The acquisition will bring health conscious snack brands such as Original Tings, Pirate’s Booty, and Smart Puffs to its portfolio. Hershey Co disclosed its all-cash deal wherein it would be acquiring Pirate Brands from B&G Foods Inc for $420 million…. Read More ›
Nissan signs up U.S. Open champion Naomi Osaka as its next brand ambassador
The move is aimed at tapping Osaka’s youth, drive and Japanese roots to appeal to younger client base. On Thursday, Japanese automaker Nissan Motor Co stated, it has signed up U.S. Open champion Naomi Osaka as its next brand ambassador…. Read More ›
Canadian Foreign Minister Chrystia Freeland to travel to Washington for NAFTA negotiations
Canadian Foreign Minister Chrystia Freeland briefed Prime Minister Justin Trudeau twice in the spate of the 2 hours. For the second time in a few hours, Canadian Foreign Minister Chrystia Freeland briefed Canadian Prime Minister Justin Trudeau on the ongoing… Read More ›
50% Of US Firms In China Expect To Be Hit By Any New Tariffs: Amcham Survey
Results of a survey by two business lobby groups shows that at least 75 per cent of all of the Unites States based companies operational in China are expecting to get hit by the escalating trade between the countries even… Read More ›