In a statement the CEO of French cosmetics group L’Oreal said, it has not seen any inflationary impact on purchases of its beauty products. “So far we see no impact of inflation and price impacts on consumers’ beauty consumption,” said L’Oreal… Read More ›
World Economic Forum
U.S. Secretary of Defense to attend Shangri-La Dialogue Asian security summit in Singapore in June
In a statement organizers of the Shangri-La Dialogue Asian security summit, which is scheduled to be held in Singapore next month said, U.S. Defense Secretary Lloyd Austin will be attending the security summit. The annual meeting was cancelled in 2020… Read More ›
Guests arrive at Singapore’s world’s first travel bubble business hotel
In a significant development, Singapore has launched a travel “bubble” business hotel, in one of the world’s first such facilities, that enable executives to conduct face-to-face meetings without exposing themselves to potential coronavirus-induced COVID-19 infection. The bubble hotel has meeting… Read More ›
Travel bubble will separate travelers as Singapore open business to all countries from second half of January
On Tuesday, the government of Singapore said, it will open a new segregated travel lane for a limited number of officials, businesses, and high economic value travelers from all countries. The move is part of efforts to revive its key… Read More ›
Siemens eyes reconstruction projects in Middle East, asks Trump for equal treatment
On Thursday, Joe Kaeser, Siemens’ Chief Executive disclosed, he perceived a more positive mood among his client. “They are getting more optimistic for the second half of the year than they have for the first half and actually 2019,” said… Read More ›
Global fiscal crisis poses biggest threat to global economy: World Economic Forum survey
Here is the result of the WEF’s Executive Opinion Survey. According to the results of a survey by the World Economic Forum which was published on Tuesday, the possibility of a fiscal crisis at the world stage is the biggest… Read More ›
Economic growth in U.S., Europe to slowdown in 2019: Ray Dalio
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 ›
EU tells China to walk the talk
Although Chinese President Xi Jinping has called for “inclusive globalization” China itself has enforced strong capital controls and has placed measures that impede global investment in its economy. With Chinese President Xi Jinping talking about protectionism at the World Economic… Read More ›
Davos study finds $12 trillion can be unlocked by developing UN’s Sustainable Development Goals
The study finds that reducing food wastage and carbon trading alone could reap in $405 billion globally. Going by a study done by global leaders in business and finance, by implementing a few key developments goals, companies across the globe… Read More ›