Recent Posts - page 474

• Japanese beer maker Asahi Group Holdings borrows $11 billion to acquire AB InBev’s Carlton & United Breweries

  By admin1 on May 25, 2020 • ( 0 )

  

  On Monday, Japanese beer maker Asahi Group Holdings stated, it will take on $11 billion (1.185 trillion yen) when it borrows the sum from Sumitomo Mitsui Banking Corp (SMBC) to pay for its acquisition of Anheuser-Busch InBev’s Australian subsidiary. In… Read More ›

• Australia resumes tourism in Victoria, following low coronavirus cases

  By admin1 on May 24, 2020 • ( 0 )

  

  Starting from June 1, Australia will allow tourists to stay overnight in regional areas in the southern state of Victoria, especially in its rural regions which have been ravaged by bushfires and the coronavirus. On Sunday, state Premier Daniel Andrews… Read More ›

• UK must defend against foreign hostile takeovers: chairman – Foreign Affairs Select Committee

  By admin1 on May 24, 2020 • ( 0 )

  

  Tom Tugendhat, a senior British lawmaker from the Conservative Party who is also the chairman of the Foreign Affairs Select Committee opined, Britain must defend its companies against overseas takeovers in the aftermath of the coronavirus crisis while adding that… Read More ›

• Slowing Down China And India Raises Uncertainty Of Global Economic Revival

  By admin2 on May 23, 2020 • ( 0 )

  

  China and India have driven much of the global growth since the global financial meltdown of 2008. But following the novel coronavirus pandemic, economic activity in both countries has plunged which has raised the risk of prolongation of the expected… Read More ›

• This Indian Firm Could Be Key To A Covid-19 Vaccine Reaching Corners Of The World

  By admin2 on May 23, 2020 • ( 0 )

  

  India’s Serum Institute, the largest manufacturer of vaccines in the world by volume, could be the key to production of Covid-19 vaccines. This institute is currently working with a number of candidates for a vaccine for the novel coronavirus –… Read More ›

• Vodafone hires Jean-Francois Van Boxmeer as chairman

  By admin1 on May 22, 2020 • ( 0 )

  

  Britain’s Vodafone has hired Jean-Francois Van Boxmeer, the current CEO of Heineken, as its chairman. He will succeed Gerard Kleisterlee from November 2020. Van Boxmeer, a Belgian, will join Vodafone as a non-executive director on July 28. Since 2005, Boxmeer… Read More ›

• General Motors gradually reopening plants in Mexico

  By admin1 on May 22, 2020 • ( 0 )

  

  In a statement, General Motors Co stated, it was gradually restarting its transmissions and motors lines at its Mexican plants in Ramos Arizpe located in the northern state of Coahuila and in the central city of Silao. The assembly plants… Read More ›

• UK drawing up plans to end reliance of Chinese imports

  By admin1 on May 22, 2020 • ( 0 )

  

  In a report on Friday, an article from Britain’s The Times newspaper stated, Prime Minister Boris Johnson has instructed civil servants to draw up plans to end the UK’s reliance on China for vital medical supplies and other strategic imports…. Read More ›

• China skips setting economic growth rate due to coronavirus pandemic

  By admin1 on May 22, 2020 • ( 0 )

  

  On Friday, a journalists from Bloomberg tweeted citing a Bloomberg report saying, China, the world’s second largest economy, has decided not to set an economic growth target for 2020 due to global uncertainties stemming from the coronavirus pandemic. Bloomberg News… Read More ›

• Lufthansa in advanced talks for $9.9 billion rescue package with state government

  By admin1 on May 21, 2020 • ( 0 )

  

  On Thursday, German airline Lufthansa stated, it is in advanced talks with the German government’s economic stabilization fund over a rescue deal worth up to $9.9 billion (9 billion euros); the deal potentially includes the German state taking a 20%… Read More ›

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