H.E Sheikh Abdullah bin Saoud Al Thani, the Governor of Qatar’s Central Bank (QCB) has signed a currency swap agreement with Murat Cetinkaya, the Governor of the Central Bank of the Republic of Turkey, signaling greater economic cooperation between the… Read More ›
The rising trade war between ther United States and China is reshaping Brazil’s agricultural business. China’s investment in Brazil has also jumped to its 7-year high. To a large extent, the outcome of China’s gamble in Brazil will be weighed… Read More ›
Panasonic, the sole supplier of automotive batteries for Tesla’s current production models, has stated it is willing to increase its investment beyond its current $1.6 billion. On Monday, Panasonic Corp, which is already partnering with Tesla Inc in its Gigafactory,… Read More ›
According to Gao Qi, a FX strategist at Scotiabank, the yuan is likely to find strong support at 6.70 yuan per dollar. On Friday, the Chinese yuan touched a new low and was on course to perform its worst ever… Read More ›
The investment by the activist hedge fund, which prefers to conduct discussions with companies behind closed doors rather than on cable television, revolves around Citigroup’s reliable revenue source and low risk factor. ValueAct Capital Partners has invested $1.2 billion in… Read More ›
Volkswagen’s AGM tomorrow promises to be eventful with Hermes EOS saying the nominees forwarded by VW’s board essentially contradicts independent representation in the automaker’s controlling panel and undermines the principles of corporate governance. On Wednesday, Hermes EOS, an investment advisory… Read More ›
In a nerve-wrecking moment, literally at the very last hour, GM signs a preliminary deal with the union. Investment plan of $2.8 billion looks promising now. On Wednesday, a senior government source with direct knowledge of the matter stated, South… Read More ›
The United States sanctioned Chinese telecom equipment maker ZTE after it was caught illegally shipping U.S. goods to Iran. With the United States banning ZTE Corp from selling its components to U.S. telecom equipment makers for seven years, Chinese funds… Read More ›
Although Saudi Arabia is one of the world’s sunniest countries, its solar power footprint is minuscule. This project, to a big extent, diversifies it economy, greenifies and balances its power generation industry which traditionally has been largely oil-fired power. As… Read More ›
Following a breakdown of communication between the Deutsche’s CEO and its chairman, Germany’s largest bank is looking ti replace its CEO. Their disagreement comes in the wake of China’s HNA becoming its largest shareholder. Wanting to improve its lagging performance… Read More ›
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