German generic drug manufacturer Stada has been caught in the eye of the storm from activist shareholders since July 2016. This latest takeover bid is the result of a year-long pressure to improve its profitability in areas including transparency, hierarchies,… Read More ›
A top U.S. official has said that if Donald Trump’s administration repeals global rules imposed in the wake of the financial crisis, some U.S. financial institutions could be locked out of the European market. International rules agreed during the 2007-09… Read More ›
Due to perceived pressure from China’s central bank to clamp down on capital outflows, the nation’s three biggest bitcoin exchanges took steps to prevent withdrawals of the cryptocurrency form the country. The major bitcoin exchanges said in separate statements on… Read More ›
Saudi Arabia is overcompensating for some of its fellow oil producers even as OPEC members appear to be complying with agreed production cuts. 10 member states are required to reduce their collective output by 1.2 million barrels per day (bpd)… Read More ›
As several key elections approach and issues surrounding sovereign debt remain, there are increased concerns over the future of the European Union. Amid market nervousness that Europe could be back in a state of crisis, Italian, French and Greek government… Read More ›
Grape growers, 10,000 miles away from Japan are cheering by Japan’s swelling ranks of working women. The biggest beneficiary of Japan’s booming wine market is Chilean vintners. Women in their 40s and 50s, who have helped boost wine consumption to… Read More ›
American farmers could be the ones who take the biggest hit if the United States and China have a trade war. “A significant part of U.S. exports in China and greater China are agricultural products,” said Brad Setser, a senior fellow… Read More ›
Netflix, Hulu, Apple and Amazon have been highlighted as being among competitors for Google in the annual report of Alphabet, Google’s parent company. The company’s broad expansion beyond its original Google search business was highlighted as Alphabet Inc. warned investors about… Read More ›
A young Chinese woman weeps as her parents discuss her single status, shown in the four-minute advertorial. “She’s just average-looking, not too pretty,” her mother says. “That’s why she’s a leftover.” Referring to those in their late 20s who are… Read More ›
The Chinese public security agents reportedly abducted a Chinese billionaire with connections to top Beijing leaders from the Four Seasons Hotel in Hong Kong and taken to the mainland, the media reported quoting two people familiar with the investigation. As Chinese President… Read More ›
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