On Monday, China’s Great Wall Motor stated it had signed a binding agreement to purchase General Motors’ car plant in Thailand. General Motors is retreating from markets outside of the United States and China and is winding down designs, sales… Read More ›
China’s coronavirus outbreak has claimed it first big M&A deal. Melco Resorts & Entertainment Ltd, a Macau casino operator, has decided to not pursue its purchase of a stake in Australia’s Crown Resorts Ltd citing a plunge in traveler numbers… Read More ›
Now that Britain has left the European Union, Britain hopes to clinch a free trade deal with Australia, said British Foreign Secretary Dominic Raab. Britain hopes to sign a free trade deal with Australia as one of its first trade… Read More ›
According to a report from Transparency International (TI), loopholes in Canadian law are allowing a “corrupt elite” to use the housing market for laundering money. TI’s report found at least ten problem areas in law that deals with real estate… Read More ›
On Tuesday, Australian clothing retailer Cotton On Group stated, it is investigating a Chinese supplier over fears that it uses forced prison labor. The development comes in the wake of British supermarket operator Tesco PLC suspending ties with the same… Read More ›
On Friday, in a local court a magistrate presiding over a case which is yet to go to trial, was presented with a four-word handwritten note by a JPMorgan Chase & Co banker which was presented by Australian prosecutors as… Read More ›
On Tuesday, as per a statement from Australia’s corporate regulator, the life insurance arm of Commonwealth Bank of Australia has pleaded guilty to 87 counts of breaching a law banning sales staff from making unsolicited calls to sell financial products…. Read More ›
While China’s import of coal has already risen by 9.5% in the first 9 months of the year, traders ad analysts opine that it could reach 300-320 million tonnes by this year end. On Tuesday, traders and analysts stated, China… Read More ›
Qatar Airways and Emirates are the only customers with firm orders for Boeing’s 777-8 model; its date of entry into service will partly depend on customer demand. On Thursday, according to a statement from the chief executive of Qatar Airways,… Read More ›
Arnott’s Biscuits is a brand that belongs to Campbell Soup Co. This is the second time in a week, that an offshore business has acquired an Australian food and drink business. According to a report from the Australian Financial Review,… Read More ›
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