On Tuesday, Britain’s accounting watchdog stated, companies should disclose the financial impact that China’s coronavirus will have on their businesses, if any. Annual reports for 2019 are due and companies are required by law to disclose the main risks and… Read More ›
In an interview to Danish business daily Finans, Maersk’s CEO Soren Skou stated, the strict enforcement of competition rules in the European Union is acting as a barrier to developing global champions who can compete with U.S. and Chinese companies…. Read More ›
According to Chinese policy sources, Beijing plans on keeping its inflation target at 3% in 2020, in contrast to speculation that it might raise the bar to give room for extra economic stimulus. The inflation target, which will later this… Read More ›
On Thursday, preliminary data shows, in 2019 Singapore’s economy grew at its slowest pace in a decade; its manufacturing sector also saw a contraction. Fourth quarter data however is expected to show a modest recovery. The U.S.-China trade war has… Read More ›
Lockheed Martin Corp stated, it has reached its 2019 target of delivering 131 F-35 fighter jets to the United States and its allies, marking an increase of 47% as compared to the last year. Lockheed Martin Corp, the world’s largest… Read More ›
From October 1, 2019 onwards energy prices in Britain are set to fall following a drop in wholesale power and gas prices. On Wednesday, in a significant development Britain’s energy regulator informed suppliers that they should lower their price cap… Read More ›
China is not only loading up economies partnering in its Belt and Road project with an unsustainable pile of debt, back at home it is also struggling to stay afloat from a surging tsunami of debt which has now breached… Read More ›
Lady Gaga’s brand, Haus Laboratories, will be exclusively launched by Amazon in several countries, including the U.S., Germany, and Japan. Pop sensation Lady Gaga has announced a new line of beauty products which will be sold exclusively on Amazon.com. The… Read More ›
This is a must read for those looking to purchase a car. In what is likely to be an eye opener, an annual ranking exercise by researcher J.D. Power revealed that South Korean brands have once again demonstrated their best… Read More ›
This appears to be a tactical retreat. Amazon is very much interested in the food delivery business. In a significant development that underscores the intensity of the competition existing in the food delivery business, Amazon.com Inc stated it will end… Read More ›
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