In a statement, the U.S. Transportation Department said, it plans to restore the ability of Indian air carriers to conduct ground handling operations at U.S. airports. The quid-pro-quo moves comes in the wake of India allowing U.S. air carriers to… Read More ›
services
Starbucks reopens many stores in Japan
On Tuesday, in a statement Starbucks Coffee Japan said, it is reopening many of its stores in Japan, including those located in Tokyo. Many stores however will be limited to take-out and drive-through services. Starbucks has nearly 1,550 stores in… Read More ›
The EU & Britain start Brexit negotiations even as June 30 deadline looms
On Monday, with little progress made on sticky point, the European Union and Britain commenced trade negotiations even as the June deadline ominously hangs overhead, with both countries yet to agree on extension on negotiations. British Prime Minister Boris Johnson… Read More ›
Takeaway.com’s order volumes only mildy affected by coronavirus pandemic
On Thursday, Europe’s biggest food ordering and delivery company, Just Eat Takeaway said, in March its orders had registered a temporarily declined since restaurants were closed as part of a measure imposed by government to contain the spread of the… Read More ›
Equivalence for financial services not part of Brexit negotiations: EU
In a statement, the European Commission stated, Brexit negotiations with Britain will not include British financial firms gaining access to the EU market. The clarification comes in the wake of Britain stating it wants a “legally binding” framework to access… Read More ›
Bob Chapek takes the helm at Walt Disney
In a statement Walt Disney Co stated, its chief exectuive Robert Iger will be stepping down and Bob Chapek, Disney’s Parks head will take over the reins of the company. Disney went on to dd, Iger will continue to keep… Read More ›
Climate change making insurance premium unaffordable: Australia’s QBE Insurance Group
On Monday, Australia’s QBE Insurance Group stated, climate change is likely to make a group of insurance premiums unaffordable for customers who are exposed to extreme weather events. As a result, there is “material risk” for its operations across the… Read More ›
China’s purchase of U.S. goods and services to touch $40 billion during next 2 years
According to a source briefed on the Phase 1 trade deal, China has pledged to purchase an additional $80 billion of manufactured goods from the United States over the next two years along with just over $50 billion more in… Read More ›
China-Mexico agreement helps boost Chinese exports of goods and services to Mexico
In a statement, Mexican bank Grupo Financiero Banorte stated, it had signed an agreement with China’s Export and Credit Insurance Corp, Sinosure, to help it finance projects in Mexico that involve imports from China. Banorte did not disclose the value… Read More ›
UAE private sector growth touch 10-year nadir
As per the results of a survey unveiled on Thursday, growth in the United Arab Emirates’ non-oil private sector slumped to its 10-year low in November. The seasonally adjusted IHS Markit UAE Purchasing Managers’ Index (PMI), which includes manufacturing and… Read More ›