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 ›
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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 ›
Toxic High Levels Of Lead In Kids’ Jewelry Kits, Target, Walmart, And Importer Sued In US
Retailers Target, Walmart and a toy importer have been alleged of distributing children’s jewelry-making kits which reportedly contain very high levels of lead which can be dangerous for children. The New York attorney general is also suing the three entities… Read More ›
Clouds On Global Economy Gathering To Push It To The Next Financial Crisis: IMF
According to a warning by the deputy head of the International Monetary Fund, even while the world financial system being unprepared for another economic meltdown, there are dark clods gathering over the global economy that could lead to the setting… Read More ›
China Could Cut Tariffs On U.S. Made Cars
According to reports, trade-war tariffs on imported U.S.-made cars is anticipated to be reduced by China – a measure that had already been claimed to have been achieved by United States president Donald Trump as a part of the agreement… Read More ›
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