Recent Posts - page 370

• Vietnam temporarily suspends Foxconn’s plants after COVID-19 outbreak

  By admin1 on May 19, 2021 • ( 0 )

  

  In a statement, Vietnam’s People’s Committee of the northern province of Bac Giang ordered four industrial parks, including three which house the production facilities of Taiwan’s Foxconn to temporarily shut down because of a COVID-19 outbreak. The People’s Committee said these… Read More ›

• Despite China’s anti-Australia rhetoric, Beijing continues to be Australia’s biggest trading partner

  By admin1 on May 19, 2021 • ( 0 )

  

  Despite China’s anti-Australia rhetoric, ongoing trade between the two countries is evidence of the ongoing relationship, pointed out Australian Prime Minister Scott Morrison. Beijing’s criticism of Australia is aimed at its domestic audience for political gains. While bilateral relationship between… Read More ›

• German antitrust regulator Federal Cartel Office launches investigations against Amazon.com Inc

  By admin1 on May 18, 2021 • ( 0 )

  

  On Tuesday, Germany’s antitrust watchdog said it has launched a new investigation into whether U.S. e-commerce giant Amazon.com Inc is exploiting its market dominance. “In a first step, we are looking at whether Amazon is of outstanding, cross-market importance for… Read More ›

• Amazon.com Inc in talks to acquire movie studio MGM

  By admin1 on May 18, 2021 • ( 0 )

  

  According to a source familiar with the matter at hand, Amazon.com Inc is negotiating the potential acquisition of iconic U.S. movie studio MGM. The status of Amazon’s discussions with MGM is so unclear and it is possible that they may not… Read More ›

• Yogurt maker Danone to appoint Antoine de Saint-Affrique as CEO

  By admin1 on May 17, 2021 • ( 0 )

  

  On Monday. Danone’s board of directors, is set to approve former Barry Callebaut CEO Antoine de Saint-Affrique’s nomination as its CEO. On April 22, De Saint-Affrique had announced that he was stepping down from Barry Callebaut, a Swiss chocolate maker, at the… Read More ›

• Australian expatriate investment bankers return home, fuel economic growth

  By admin1 on May 17, 2021 • ( 0 )

  

  Lured by the launch of new boutique advisory firms, Australian expatriate investment bankers are returning home in large numbers, in what is likely to be signs of a strong economic rebound following the coronavirus-induced COVID-19 pandemic which triggered a recession…. Read More ›

• Australian casino operator Crown Resorts Ltd rebuffs Blackstone Group’s $6.5 billion buyout offer

  By admin1 on May 17, 2021 • ( 0 )

  

  On Monday, Australian casino operator Crown Resorts Ltd said it is not interested in U.S. private equity giant Blackstone Group Inc’s buyout offer since it undervalued its assets and the potential deal would not be in the best interest of… Read More ›

• UK cautiously reopens economy

  By admin1 on May 17, 2021 • ( 0 )

  

  Britain lifted a four month COVID-19 lockdown on Monday giving 65 million people a measure of freedom that was earlier curtailed by the Coronavirus-induced COVID-19 pandemic which began in Wuhan, China in late 2020. The British will now be able… Read More ›

• Greece formally opens tourism industry to vaccinated or COVID-19 negative tourists

  By admin1 on May 16, 2021 • ( 0 )

  

  Greece has formally opened its tourism sector, kicking off a summer season through which it hopes to resurrect its tourism which has been battered by the coronavirus-induced COVID-19 pandemic. Following months of lockdowns, Greece has also opened its museums including… Read More ›

• Freezing public listed company assets of Hong Kong tycoon Jimmy Lai a wake-up call to global investors: Taiwan

  By admin1 on May 15, 2021 • ( 0 )

  

  On Saturday, in a statement aimed at international investors, Taiwan warned of the very real dangers of doing business in Chinese-controlled Hong Kong after the city state decided to freeze the media assets of Chinese tycoon Jimmy Lai, who has… Read More ›

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