Having emerged as a top player in the fiercely price sensitive Indian market, Daikin the world’s biggest manufacturer of air conditioning equipment maker is one of the few Japanese companies that can compete head to head with the Chinese. The… Read More ›
Africa
General Electric agrees to sell part of its lighting business for an undisclosed sum
The part sale of GE’s lighting business, which can be traced back to Thomas Edison who co-founded the company more than a century ago, is just the first of many steps to shred-off its non-core assets and focus on just… Read More ›
China’s Belt and Road initiative cannot be a one way road
Despite Beijing’s sweet coated words on its strategic Belt and Road project which will transport precious fuel and resources to its hungry industries, the project, key to Xi’s legacy, is viewed with suspicion by many countries across the globe, including… Read More ›
Donald Trump administration eyeing repealing of ‘conflict Minerals’ rules
Investors had complained that the “conflict minerals” rule tucked into Dodd-Frank costs too much money to ferret out the source through the supply chain. Conflict minerals help arm rebel groups in Africa. U.S. President Donald Trump is planning on issuing… Read More ›
China comes of age on the world stage with its Silk Road program
With Donald Trump playing the home card, and with a disgruntled Britain opting out of the European Union, China seeks to capitalize on the billions it has sunk in on its much vaunted Silk Road program by presenting it as… Read More ›
Coca Cola acquires AB InBev’s stake in its African botting plant for $3.15 billion
This marks AB InBev’s final disinvestment following its acquisition of SABMiller. Subject to regulatory approvals, this deal is set to close by the end of 2017. In a development that underscores AB In-Bev’s push to consolidate its acquisition of SABMiller,… Read More ›
Theresa May’s posturing are a pointer to the fact that Britain needs access to EU’s single market bloc
Although Britain has opted out of the EU, Theresa May has stated it will still continue to play a full part in discussions on matters related to the European Union. Her warning that it would take nearly a decade to… Read More ›