The surge in demand for U.S. weapon systems is despite EU-US trade tensions. The demand rides on the back of geo-political moves made by Russia and Iran. With growing security concerns coming from Russia and Iran, U.S. weapon manufacturers see… Read More ›
Bayer has its hands full due to U.S. class-action lawsuits revolving around Monsanto’s Roundup weed killer which has glyphosate which causes cancer. In a statement, Bayer AG said it has hired Sidley Austin, a law firm to investigate a Europe-wide… Read More ›
In Wednesday’s annual general meeting, SAP is expected to focus on its restructuring program that will mold it into a digital platform business. On Wednesday, Bill McDermott, the CEO of German business software firm SAP told shareholders that it is… Read More ›
More than 70k passengers have been affected due to cancelled or delayed flights across Europe as 1,400 pilots have gone on strike over over a wage row as well as the predictability of their shift patterns. On Friday, as per… Read More ›
Ford is losing money in every region where it has a plant other than North America. According to three industry sources, Ford Motor Co is weighing its options on shuttering two of its big plants in Russia. The move is… Read More ›
Here is what the founder of hedge fund Bridgewater Associates had to say at the World Economic Forum at Davos. Ray Dalio, founder and chairman of Bridgewater Associates, a hedge fund, opined at the World Economic Forum, he sees significantly… Read More ›
Growing demand from online shopping as well as reliable cash flows from the plastic packaging sector has since long been a point of interest for private equity. As per a report from the Wall Street Journal, private equity firm Apollo… Read More ›
Sylvie Matherat, Deutsche’s chief regulatory officer and a potential departee, has expressed concerns regarding constraints on improving financial-crime controls and mending the bank’s relationships with regulators. As per a report from the Wall Street Journal, Deutsche Bank AG is mulling… Read More ›
One of the ways out of this pickle is to reform the World Trade Organization, opined French finance minister Bruno Le Maire. On Friday, French Finance Minister Bruno Le Maire stated, the world is facing a cold war over trade…. Read More ›
In 2017, China passed the National Intelligence Law which places a duty on all its citizens to act as “intelligence organs” of the state security and support the national intelligence network. In a development that underscores growing concerns among German… Read More ›
