The ruling of a South Korean court ignited bilateral trade ties. Since then, relations have tread mostly southwards. On Monday South Korea announced, it plans on investing $6.48 billion (7.8 trillion won) in research and development for local materials, equipment… Read More ›
In China, Walmart will be in a tough environment and will be competing with the likes of Alibaba Group Holding Ltd and Tencent Holdings Ltd who have cut deals to combine online and high street shopping. In a significant development,… Read More ›
The move underscores Goldman Sach’s new focus on getting better returns from its asset-management division. As per a report from the Wall Street Journal citing sources familiar with the matter at hand, Goldman Sachs Group Inc its private-investing arms and… Read More ›
IKEA France opened its first brick-and-mortar store in the Madeleine district of Paris.It plans on expanding its footprint with more new stores while at the same time allow consumers to shop for furniture online. On Monday, IKEA France’s chief executive… Read More ›
The French government aims to raise sufficient money for a new innovation fund for investing in next generation technologies. On Thursday, in a significant development, French lawmakers have adopted a bill that aims to kickstart a wave of privatizations, including… Read More ›
Although he has evinced an interest, the matter is still open to a final call. Masayoshi Son, the CEO of the SoftBank Group, has disclosed he is interested in investing in ride-hailing firms Lyft and Uber Technologies. However he has… Read More ›
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