Companies that came from China and were among mainland firms that contributed to the flurry of initial public offerings in the city state about a decade ago were among the n umber companies stood out for those common characteristics among departures from… Read More ›
Strategy
Transitory regulatory framework required: ABPI
The British industry is hoping to closely coordinate and work with the European agencies to retain their edge. However unless they can work up a miracle and secure passporting rights, access to the bloc’s single market will be elusive. Pharmaceutical… Read More ›
Trump Administration launches probe into dumping of cheap aluminum imports citing national security concerns
The probe has the potential to impact China’s economy. No wonder they are concerned at the development. In a significant development with broad implications, the U.S. Commerce Department has launched an investigation to determine whether China and other countries are… Read More ›
Exxon fined $19.95 million for Texas refinery pollution
Exxon is mulling its legal options. U.S. District Court Judge David Hittner has ruled that ExxonMobil Corp will have to pay $19.95 million as a penalty for pollution released from its Baytown, Texas, refining and chemical plant complexes between 2005… Read More ›
Deal To Raise At Least $5 Billion In Funding Neared By Didi: Reports
In a deal that would make it the most valuable startup in China, Ride-hailing giant Didi Chuxing is near an agreement to raise $5 billion to $6 billion, reported the media quoting people familiar with the matter. One of the people, asking… Read More ›
To Stem Oil Price Pressure, Abu Dhabi Sets Sights On Financial Services
In a continued push to diversify the United Arab Emirates’ economy as its comes under continued pressure from oil prices, Abu Dhabi has set its sights on developing a booming financial services sector. To power their economies, attempts to reduce… Read More ›
One of Europe’s strongest economies still prefer the safety of cash
While many European, American and Australian respondents of the Ipsos survey conducted on behalf of ING bank website eZonomics prefer going cashless, the survey shows that Germany has recognised the dangers of slipping into a cashless society, despite its lucrative… Read More ›
Toshiba considering second-tier accounting firms as it auditor, to replace PwC Arata
Within less than a year Toshiba has had a turnover of 2 auditors. Japan’s business daily, the Nikkei has reported that Toshiba Corp will be replacing its auditor PriceWaterhouseCoopers (PwC) Arata. The development comes in the wake of Toshiba struggling… Read More ›
The Trump administration likely to protect semiconductor, ship building and aluminum industries citing national security concerns
The Trump administration is leaving no stone unturned to ensure that American business interests are protected from those trying to exploit loopholes and weaknesses in existing treaties. Wilbur Ross, the U.S. Commerce Secretary has told the Wall Street Journal that… Read More ›
Retailers Are Going Bankrupt At A Record Pace Noticed For Etailiers Going Bankrupt
Jason Mudrick Says Retail Is a Mess, to Say the Least. As retailers try to cope with the rapid acceleration and growing popularity of online shopping, they are filing for bankruptcy at a record rate, Mudrick says. Almost topping off… Read More ›