Recent Posts - page 597

• Britain’s whiskey exports to the U.S. threatened by Trump’s additional trade tariffs

  By admin1 on July 3, 2019 • ( 0 )

  

  U.S. President Donald Trump has threatened to impose additional tariffs on $4 billion EU goods, including on Britain’s Scotch whisky, Italy’s cheese and olives. The Scotch Whisky Association (SWA) has urged U.S. President Donald Trump to end his trade dispute… Read More ›

• Relocation of FCA from Italy to Netherlands will significantly impact state revenues

  By admin1 on July 3, 2019 • ( 0 )

  

  Italy’s antitrust watchdog has complained that with more companies following FCA’s trail, the Italian state will see severe loss of state revenues. Italy’s national competition watchdog has stated, the decision by Fiat Chrysler Automobiles (FCA) to move its financial and… Read More ›

• Insurer Chubb Ltd cuts exposure to coal-related companies

  By admin1 on July 2, 2019 • ( 0 )

  

  Chubb joins a growing stream of financial institutions who are scaling back their exposure to coal. In a significant development, insurer Chubb Ltd disclosed, it has decided to cut its exposure to coal-powered plants operators and that it would not… Read More ›

• Coty Inc to restructure and reorganize itself following challenges in integration of P&G Beauty

  By admin1 on July 2, 2019 • ( 0 )

  

  The restructuring plan includes a write down of nearly $3 billion of its intangible assets. In a significant development, Coty Inc announced that it would overhaul its operations and write down nearly $3 billion of its intangible assets. The move… Read More ›

• Walmart to sink in $1.2 billion in China over the next 10 years

  By admin1 on July 2, 2019 • ( 0 )

  

  In China, Walmart will be in a tough environment and will be competing with the likes of Alibaba Group Holding Ltd and Tencent Holdings Ltd who have cut deals to combine online and high street shopping. In a significant development,… Read More ›

• Coca-Cola receives permission to sell Coca-Cola Energy

  By admin1 on July 2, 2019 • ( 0 )

  

  The development will place Coca-Cola in direct competition with Monster Beverage. In a statement Coca-Cola Co stated, an arbitration tribunal has informed it that it could go ahead with the sale of its energy drink under the terms of the… Read More ›

• The European Union and Vietnam sign landmark free trade agreement

  By admin1 on July 1, 2019 • ( 0 )

  

  The EU-Vietnam Free Trade Agreement (EVFTA) is “the most ambitious free trade deal ever concluded with a developing country” to date. In a landmark development, the European Union has signed a free trade deal with Vietnam, its first with a… Read More ›

• Japan’s tech export curbs violate WTO rules: Seoul

  By admin1 on July 1, 2019 • ( 0 )

  

  Japan’s move to impose restrictions on tech exports to South Korea, is likely to impact the ability to purchase semiconductor materials, including flexible smartphone displays, by South Korean companies; the move is likely to be a reaction to South Korea’s… Read More ›

• Barbara Levi to be Rio Tinto’s general counsel

  By admin1 on July 1, 2019 • ( 0 )

  

  Barbara Levi is currently the Group Legal Head, M&A and Strategic Transactions for Novartis. She will be joining Rio Tinto on January 1, 2020 and will be replacing Philip Richards who will be retiring from Rio Tinto on December 31,… Read More ›

• Qatar purchased $500 million Lebanese government bonds

  By admin1 on July 1, 2019 • ( 0 )

  

  Qatar’s move is probably aimed at increasing its traction in the Middle East and comes in the wake of Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cutting diplomatic ties with it since June 2017 and have accused Doha… Read More ›

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