A pay deal for the chief executive of the UK house builder Persimmon, worth roughly £75 million ($104 million), has landed it at the center of a controversy. The investors of the company were furious and stopped just short of a revolt. The approval for the controversial 2017 pay package for Persimmon executives including CEO…
Is an end opt the trade tensions and the looming trade war between India and China in sight? Such questions were raised after the U.S. President Donald Trump announced the visit of some of his top economic advisers to China. Trump said on Tuesday that the delegation would be leaving for China “in a few…
The final closure of fashion chain East and the ultimate complete closure of Toys R along with renewed speculations about the prospect of House of Fraser has created and environment in London high street where there is an anticipation of a wave loss of jobs. Toys R Us has been operational for almost three decades…
Increased tariff barriers will prevent the Chinese automaker Guangzhou Automobile Group Co Ltd. to set foot onto the US market, the company said on Wednesday. US tariffs on imported vehicles from China will have significant effect and impact the planned strategy of automaker to enter the U.S. market by 2019, Feng Xingya GAC Group President…
Clients of the top bank in Australia who had died years ago and about whom the bank had all knowledge where charged fees, admitted the bank. It has bene years that the Commonwealth Bank of Australia (CBAUF) had been billing dead customers for financial advice, admitted the bank at a government inquiry on Thursday. A…
The Prime service of Amazon.com is a tactic of the largest e-retailer in the world to keep its customers adhered to it through combining free shipping with video and music streaming services and other incentives and now the service has over 100 million subscribers, announced the company. This information was revealed by the chief executive…
Even though European Union’s top antitrust regulator, Margrethe Vestager, threatened as early as last month to break up Alphabet Inc’s Google, the attempt of the regulator to reduce some of the grip that Google has on Android-powered smartphones can prove to be more than a challenge for her. Vestager has bene fighting hard to stop…
According to a summary of the findings of four testing laboratories of the Organisation for the Prohibition of Chemical Weapons (OPCW)- the global chemical weapons watchdog, published on Thursday, the findings and conclusion of the British investigations in the case of the nerve agent used in last month’s murder attempt on a former Russian spy…
American products such as cranberries, orange juice, whiskey and tobacco were targeted by the European Union leaders after the United States imposed tariff on steel and aluminum and the EU was trying to avoid the tariffs earlier this year. And the list of 106 U.S. products that was taken out by China as a retaliatory…
American farmers could become the first casualties of a tariff regimen if the Trump administration continues to impose such tariffs in a rash manner on Chinese goods, leaders of a forum for agriculture in the U.S. state of Iowa has warned late last week. “We’re in limbo. This is a very bad time for agriculture,”…
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