South Korean companies face the brunt of China’s fury as the South Korean government deploys U.S. THAAD missiles to protect itself against a nuclear armed North Korea. Here’s how Beijing is protecting its North Korean ally. On Monday, South Korean automaker Hyundai Motor disclosed it would be replacing the head of its China operations. The…
This is likely to be a huge opportunity for private players, including MNCs, to help modernise Israel’s infrastructure. In a significant development, Israeli Prime Minister Benjamin Netanyahu has disclosed at the start of Israel’s weekly cabinet meeting, that he would soon unveil a multi-year infrastructure spending plan worth more than $28 billion The planned projects…
Samsung is part of a huge conglomerate that manufactures a wide range of products starting from car audio, connected-car technologies, washing machines, smartphones, to heavy machinery. On Thursday, in a significant development, Samsung Electronics Co Ltd disclosed that it has received a permit to test self-driving vehicles in California. The news marks the entry of…
With the growing global trend of a cashless economy, the payments processing business has seen a a flurry of M&A. The Financial Times has reported citing sources close to the discussion that Hellman & Friedman, a U.S. private equity firm, is the front runner in the race to acquire Nets, Scandinavia’s largest payments processor. The…
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