The Italy government believes that the interests of its farmers are not protected by an EU-Canada free trade deal, and as such the country would not ratify the deal, said Italy’s nationalist agriculture minister on Thursday. A Comprehensive Economic and… Read More ›
Sustainability
McDonald’s to no longer use plastic straws across UK and Ireland
In an environmentally conscious move, McDonald’s is the latest restaurant chain to phase out plastic straws from its restaurants. The development will enable all of its packaging to become recyclable. On Friday, the BBC reported, starting from September 2018, McDonald’s… Read More ›
Comcast Prepares $65 Billion Bid For 21st Century Fox
Comcast has reportedly prepared a counter bid for 21st Century Fox and its assets to thwart attempts by Disney. It has been reported that he former has prepared bid for $65 billion all-cash offer to counter the $52.4 billion deal… Read More ›
Ticket Resale Industry Targeted By FIFA Before The World Cup
Football fans are being duped by ticket resellers, say FIFA just days before the football World Cup is set to begin in Russia. “Secondary ticketing” is a big business. According to news reports, the business is estimated to be worth… Read More ›
300% Over-subscription For Foxconn Unit’s $4.27 Billion IPO In China
There was 300 per cent oversubscription for the stocks of Foxconn Industrial Internet in what is being touted as China’s biggest IPO in the last three years Driven by expectations of a price rise following the listing, there was high… Read More ›
Argentina To Get $50 Billion Loan From IMF
$50bn would be given to Argentina as debt to spruce up its debacle economy by the International Monetary Fund, However, the IMF board still needs to pass the three-year agreement. Following the local currency of Argentina hitting record lows on… Read More ›
Offloading non-core assets will ease VW’s transition into emerging automobile market
Volkswagen’s top management is aiming to transformation the group into a more modern, streamlined company. Although the process is seen as painful, it pays off in the long run. On Friday, the top leader of Volkswagen’s powerful works council said,… Read More ›
Surprise Rate Hike By Turkish Central Bank, Currency Rallies
Just a few before the presidential and parliamentary elections in Turkey, the country’s central bank announced a sharp rise in the primary interest rate aimed at reigning in the rising rates of inflation and to stabilize the currency lira. The… Read More ›
EU To Impose Tariffs On US Imports From July
The retaliatory import tariffs that has been announced to be imposed by the European Union on goods from the United States would be implemented from next month. The list of goods include a range of products from Harley-Davidson motorbikes to… Read More ›
Europe Is Dependent On Gas From Russia For Its Energy Needs
It is hard for Europe to dump Russia despite its desires to do so. Vienna gave a warm welcome to Russia President Vladimir Putin on the occasion of the 50th anniversary of Austria becoming the first western country that agreed… Read More ›