On Wednesday, Nestle SA said it will be selling its North American water brands including Poland Spring and Pure Life to private equity firms Metropoulos & Co and One Rock Capital Partners for $4.3 billion. The sale also includes brands… Read More ›
high quality
China wants a boost in global trade & service ties : Xi Jinping
On Thursday, in a significant development, Chinese President Xi Jinping stated, Beijing will reduce its tariffs and expand imports of high-quality goods and services; he also vowed to push reforms and promote an innovation-driven growth model. The development comes in… Read More ›
Federal Reserve rolls out third emergency credit program to ease liquidity in money markets
On Wednesday night, the U.S. Federal Reserve rolled out its third emergency credit program in two days and announced that it would loan money to banks that offer as collateral assets purchased from money market mutual funds. The new loan… Read More ›
Love of French oak by Chinese millennials driving up exports
The love of French oak by Chinese millennials have place France at world no. 2 in oak log exports to China. Due to heightened demand of oak from China, especially from millennials who have developed a taste for high-quality wooden… Read More ›
Australia and ASEAN to establish regional infrastructure pipeline
The development is aimed at boosting high quality infrastructure projects in the region. In a strategic development aimed at countering China’s growing influence in the region, Julie Bishop, Australia’s Foreign Minister stated the Association of Southeast Asian Nations (ASEAN) and… Read More ›
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