Officials have ascribed the re-clamping of U.S. on Iran as being an unlawful reach beyond U.S. borders. On Tuesday, Alistair Burt, Britain’s minister of state for the Middle East, told BBC radio that it is possible to protect European companies… Read More ›
Despite protests from U.S. allies, Washington has reclamped sanctions on Iran. On Tuesday, with the US sanctions being snapped back in place on Iran, Nestle, the world’s biggest food company, stated it does not see a direct fallout as a… Read More ›
The deal, as pointed out by Carl Icahn’s letter to Cigna’s shareholders, has at least two significant areas of concern. On Tuesday, billionaire investor Carl Icahn urged Cigna Corp’s shareholders to vote against Cigna’s $52 billion acquisition of Express Scripts… Read More ›
The trade spat that has bene termed by China as the “biggest trade war in economic history” has just escalated as Russia has slapped its own tariffs on US goods as a reaction to the US imposing import tariffs on… Read More ›
A potential trade war between the two largest economies of the world – US and China, could very easily alter the course of economies of smaller countries that are reliant on trade even though the actions of a trade war would… Read More ›
Of the 24 years Indra Nooyi has was with PepsiCo, she served 12 years as its CEO. Under her PepsiCo’s shares rose by 78%. On Monday, PepsiCo Inc disclosed that its Chief Executive Indra Nooyi would be stepping down from… Read More ›
Investors are increasingly using their financial muscles to reward companies that limit their investments towards fossil fuel companies. On Monday, the world’s biggest reinsurer, Munich Re, stated it will stop investing in shares and bonds of companies that generate more… Read More ›
Imposition of 25 per cent import tariffs on Chinese goods worth $200 billion is being considered by the US. This is more than double the 10% that was planned initially. President Donald Trump has made this request for a review… Read More ›
Earlier this month, the Taiwanese firm founded in 1997 MediaTek accounted the development of a chipset series that can give a “greater number of consumers access to high performance devices without a premium price tag.” The firm was referring to… Read More ›
Since North America is Toyota’s largest market, an increase in tariffs, especially in its best selling pick-up truck models is likely to boost the cost of its vehicles by at least $3,000. On Friday, Japanese automaker Toyota Motor Corp posted… Read More ›
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