More than $2 billion has been the loss to the Australian economy because of the v that the country has experienced this summer. And the fire season is yet to get over. There are concerns being expressed by economists that… Read More ›
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As Samsung Boss Faces Bribery Trial, The Group Sets Up A Anti-Corruption Panel
External experts have been appointed to a new oversight panel to stamp out criminal conduct by South Korea’s Samsung Group even as its corporate leader is set to face a trial in relation a bribery scandal involving former president Park… Read More ›
Warning On 2020 Global Growth Issued By World Bank
The World Bank has said that if everything goes just right, there can be a modest rebound this year in the global economy after its weakest performance in 2018 since the global financial crisis. The global financial body has identified… Read More ›
War risk premiums for tankers surge midst Middle East tensions
Although the United States and Iran have apparently both backed away from a military face-off, oil and gas shipowners are bracing themselves against a war of words which could see lead to asymmetric warfare in the Middle East, which in… Read More ›
Will respect international law on targeting Iranian cultural sites: U.S. President Donald Trump
In a statement that potentially underscores Washington’s intent to strike back following Iran’s retaliation on U.S. bases in Iraq, U.S. President Donald Trump said, he would respect international law and avoid targeting cultural sites in military attacks. On Saturday, Trump… Read More ›
Iran launches ballistic missile attack on U.S. bases in Iraq
An Iranian rocket attack on two U.S. forces bases in Iraq has sent financial markets into turmoil with investors scurrying for safety. “The weight of money is counting on a replay of the price-action on Monday. Essentially people are betting… Read More ›
Ghosn Rode A Bullet Train To Osaka While Fleeing To Lebanon From Japan: Report
A news report published by the Japanese news agency Kyodo on Monday claimed to have revealed a part of the mysterious journey that the former Nissan and Renault boss Carlos Ghosn had undertaken to escape from Japan to Lebanon. The… Read More ›
Boeing Contemplates Increasing Debt Because Of The 737 Max Crisis: WSJ
According to a report published in the Wall Street Journal on Monday, following the grounding of its 737 Max jets, Boeing is reportedly contemplating for raising more debt for financing its activities. The report cited sources who were familiar with… Read More ›
Nissan’s ex-boss Carlos Ghosn to hold press conference on January 8
Carlos Ghosn, Nissan’s ex-boss, will hold a news conference in Beirut on January 8, said his lawyer. The development comes in the wake of Ghosn’s abrupt arrival in Lebanon from Japan, where he was under house arrest following allegations of… Read More ›
Tiffany, Mercedes are among luxury brands adding restaurants to their stores in China
The love for food of Chinese customers is being tapped into by high-end retailers in China to boost sale of luxury goods. Cafes and restaurants to their shops have been added by a host of vendors offering everything from jewellery… Read More ›
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