Thyssenkrupp did not disclose the value of the deal. On Friday, German industrial conglomerate Thyssenkrupp stated, it has been selected by Brazil’s navy along with domestic aircraft maker Embraer to build four corvettes. “We are very honored by the Brazilian… Read More ›
deal
AstraZeneca Plc and Daiichi Sankyo Co Ltd sign lucrative cancer drug deal
The deal sees Britain’s AstraZeneca Plc led by Pascal Soriot sharing development and commercialization costs for the drug worldwide. For AstraZeneca the deal makes sense as it will replenish its pipeline as its cancer drug sales grow. In a significant… Read More ›
British parliament to vote on May’s diluted Brexit package today
May’s floundering efforts to get her Brexit deal approved has resulted in a few diplomats opining that Britain was most likely headed for chaotic tumble out of the EU. The bloc is likely to push ahead with contingency preparations next… Read More ›
Brexit slashes Britain’s economic growth to lowest in a decade
The British Chambers of Commerce (BCC) has warned of greater economic harm if the geo-political scenario does not quickly get a more stable footing. As per the British Chambers of Commerce (BCC), companies across industry segments are looking to cut… Read More ›
Attorney General Geoffrey Cox holds the keys to a smooth Brexit
The clincher to May’s deal is Attorney General Geoffrey Cox’s opinion on the legal tenability of the new assurances. On Tuesday, Britain’s former Brexit Secretary David Davis said, British Prime Minister Theresa May’s Brexit proposal could be acceptable once the… Read More ›
No certainty that Italy will join China’s “Belt and Road” vanity project
The European Union and the United States have raised concerns on China’s “Belt and Road” venture. On Monday, Italy’s Junior Minister Michele Geraci stated, reports that Italy will join China’s giant “Belt and Road” initiative only after satisfying itself of… Read More ›
U.S.-China trade deal possible during summit: WSJ
Trump has made it clear that unless he is satisfied with the terms of the trade deal, he will walk away from it. As per a report from the Wall Street Journal, high level negotiations between U.S. President Donald Trump… Read More ›
Theresa May hopes to win Brexiters with 1.6 billion pound ‘Stronger Towns Fund’
To a great extent, the fund will be used in areas north of England which have not had a fair share of the country’s prosperity. May is scheduled to present a revised deal in parliament on March 12. On Monday,… Read More ›
Saudi Arabia signs warship construction deal with France’s Naval Group
The move is part of a larger effort aimed at weaning off the Kingdom from its oil-dependent economy and boost local manufacturing. As part of an effort to boost domestic industry and manufacturing capabilities, Saudi Arabia signed a preliminary agreement… Read More ›
UAE announces defense deals worth $1.1 billion with international companies
Apart from these deals, the UAE has also signed military deals worth 1.1 billion UAE dirham with local companies. In a statement, the United Arab Emirates (UAE) disclosed, it had signed military deals worth $1.1 billion (3.87 billion UAE dirhams)… Read More ›