China needs to provide more clarity to the global industry about its lending to poor countries, said the new head of the World Bank while also warning that once again there has been an increase in debt problems are once… Read More ›
Sustainability
Disney Finally Announces Launch Of Its Streaming Service
Launching of the long anticipated streaming service was ultimately announced by Disney nut it would start off only in November and for North America only initially. It would take much longer for the services to be launched in other markets…. Read More ›
More Uncertainty Could Be Faced By Businesses Due To Brexit Delay, Says IMF
The chief of the International Monetary Fund has warned that there would be extension of uncertainty for business if there is a decision to extend the deadline of Brexit by the UK and the European Union. While welcoming the fact… Read More ›
French President Macron moves to privatize airports group ADP
The French government aims to raise sufficient money for a new innovation fund for investing in next generation technologies. On Thursday, in a significant development, French lawmakers have adopted a bill that aims to kickstart a wave of privatizations, including… Read More ›
Nickel supply shortfall propels Chinese EVs to look for join ventures
Analysts have warned if Chinese-led projects in Indonesia fail to deliver, the likely hood of a shortfall in nickel will increase. On Thursday, an executive from Chinese battery and electric car maker BYD CO Ltd disclosed, securing sufficient quantities of… Read More ›
Fine Settlement Of $1.1bn For Standard Chartered In US And UK
A settlement charge of $1.1bn has been fixed for Standard Chartered in connection to charges against the bank of implementing insufficient money-laundering controls and violating sanctions against Iran and other countries imposed by the US and other global bodies. The… Read More ›
Ghosn Alleges His Former Colleagues At Nissan Had Backstabbed Him
In what was his first public address since he was first arrested last year, ousted former Nissan chairman Carlos Ghosn, through a video message, accused some of his former colleagues of “backstabbing” him to remove him from the post of… Read More ›
UBS Estimates Closure Of 75000 Stores In US By 2026 Due To Online Growth
The Swiss bank UBS has predicted that the proliferation of e-commerce business, companies and platforms would result in eth forced closure of more stores across the U.S. for businesses like clothing retailers, consumer electronics companies and home furnishing. “Store rationalization… Read More ›
UK Businesses Monitor Staff Activity Using Artificial Intelligence
Scrutiny of the behaviour of employees minute-to-minute is being done by dozens of UK business owners with the help of artificial intelligence. This is being done by analysis of data about who emails whom and when, who meets whom and… Read More ›
US Beer Brand Performance Drives Constellation To Neat Market Forecast
Despite a rapid change in customer tastes in alcoholic drinks in the United States market, Constellation Brands said that it managed to beats the expectations of Wall Street in its fiscal fourth-quarter because of strong sale of beer. The bit… Read More ›
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