Here is how how China Energy Fund Committee guided a Chinese oil and gas company to secure lucrative contracts in Chad. In a development that underscores the methods used to gain contracts, the U.S. has charged a man from Hong Kong as well as the former foreign minister from Senegalese for bribing high-level officials in…
While the move is expected to dent the already low margins of low-cost carriers, it is to be seen how it will impact inbound visitors. On Tuesday, Shinya Katanozaka, the CEO of Japan’s biggest airline by revenue stated, if Japan were to impose a departure tax on airlines, its impact will ripple though a big…
French Prime Minister made it amply clear that France will not tolerate any takeover which is deemed as hostile for its national industries. On Monday, French Prime Minister Edouard Philippe made it clear that the French government will put its weight behind national companies and will not allow any takeover that are deemed as hostile.…
Any kind of pressure to raise wages of employees from most of their employee was not felt by about one fourth of respondents, claimed the Chartered Institute of Personnel and Development and The Adecco Group in its newest edition of the quarterly published Labour Market Outlook. However, either some or significant pressure was felt by…
While Elon Musk has traditionally managed to win over investors with his visions, winning over analysts promises to be a lot harder. Here’s why. In an interesting tun of events, Tesla Inc upstaged the debut of its own electric heavy duty truck by showcasing a brand new $200,000 red roaster sports car which Elon Musk,…
Russia is ‘seeking to undermine the international system’, says the head of the UK’s National Cyber Security Centre. For the first time, the head of the UK’s National Cyber Security Centre has confirmed that energy companies, telecoms and the British media were attacked by Russian hackers. No further details were provided by Ciaran Martin, the…
The first quarter of 2018 will see a 2 percent rise in the number of mergers and acquisitions (M&A) globally compared to what was seen in the same period in 2017, predicts the Intralinks Deals Flow Predictor, an indicator for future M&A announcements. Historically low interest rates, a buoyant asset market, low rates of inflation in…
The $20 billion mega deal of Boeing Co was dethroned by rival plane maker Airbus SE as the later secured the largest ever commercial plane transaction in its history – an almost $50 billion deal with at the Dubai Air Show for single-aisle aircraft. Airbus had been trailing its rival at the Gulf expo and…
General Motors plans to make a profit from the manufacture of a new family of electric vehicle which the company wants to launch in 2021 and will be less costly to make, said the Chief Executive Mary Barra of the No. 1 U.S. automaker. Reporting the largest ever quarterly loss recently was Tesla – a…
The report by Brookings Institution is an eye opener. Brookings Institution, a Washington think tank, has conducted a study which concludes that digital tools are increasingly playing a pivotal role in transforming every workplace across industries in the U.S. According to the study, the usage of digital tools has increased dramatically in 517 of 545…
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