There is hardly any free space left in American warehouses as traders and retailers are filling them up with Chinese products of all kinds – microwaves, vacuum cleaner filters, swimwear, furniture, said Amy Magnus, head of the National Customs Brokers… Read More ›
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Volvo Prepares For No-Deal Brexit, Stockpiles Products In UK
Sweden’s truck making firm AB Volvo is creating safety stock” with its British dealers and is contemplating alternatives to ship its vehicles to the UK to that there is minimum disruption for its products to reach the market as the… Read More ›
New Research Warns A Cashless Society Would Put Millions At Risk
According to a new report, millions of people could be in danger of being affected by the risks of shifting towards a completely cashless world. While large tech companies such as Apple believes that in the near future, there would… Read More ›
UK Court Dismisses Uber’s Appeal On Employment Rights Of Its Drivers
Judges in the United Kingdom struck down an appeal by the ride hailing company Uber against a historic ruling by the employment tribunal of the country which mandated that the drivers of Uber would have to be recognised as workers… Read More ›
France’s Bristol-Myers Squibb Co receives $1.6 billion offer from Taisho Pharmaceutical Holdings Co Ltd
The Japanese healthcare firm wants to acquire Bristol-Myers Squibb’s over-the-counter drugs business. On Wednesday, France-headquartered Bristol-Myers Squibb Co has received an offer from Taisho Pharmaceutical Holdings Co Ltd, a Japanese healthcare firm, to acquire its over-the-counter drugs business UPSA for… Read More ›
France To Impose A New Tax On Large Tech Companies Alone
After France failed to make its European Union partner countries to agree to a EU-wide imposition of a new tax on big technology companies, the country has decided to go ahead alone with it. About €500m in its first year… Read More ›
Ultra Rich Investors Should Consider Exiting UK With Assets, Advises Credit Suisse: FT Report
According to a report published in the Financial Times on Tuesday, credit ratings agency and wealth managers Credit Suisse has reportedly advised the ultra-high net worth individuals (UNHWI) that they could think about accelerating their plans to take their investments… Read More ›
U.S. Sets March 2 Date For Increased Tariff On Chinese Goods Worth $200 Billion
While the trade representatives from the United States and China get ready to start off negotiations on trade as a part of the 90 day truce agreed that China and the US agreed upon earlier in the month between Chinese… Read More ›
China Should Speed Up Reforms To Counter Trade War, Urges Chinese Advisers
The Chinese government has the means to effectively tackle the economic setbacks because of the trade war with the United States, believes a group of current and former government advisers. While doing so, Chinese policy makers would also need to… Read More ›
Two Key Economic Indicators Reflects Slowdown In Chinese Economy
The latest November economic data from the second largest economy of the world – China, presented a grim picture. The growth in the retail segment was the slowest in November since weakest rate in 2003 and the rate of industrial… Read More ›