A report prepared for next week’s World Economic Forum in Davos, Switzerland, identified as the most urgent global t\risk to be the ever increasing tension between the world’s major powers which is creating roadblocks to get together collective action to take concrete measures against climate change. According to a survey of around 1,000 experts and…
Hopes of avoidance of a full blown trade war with between China and the United States emerged after the end of a longer than expected trade talks between trade representatives of the two countries came to an end. The detailed results of the three day talks would be made public later, said officials. China’s Foreign…
A block buster and record making merger has been announced by two of the biggest drug companies of the United States. Drug maker Celgene would be taken over by Bristol-Myers Squibb in a cash and stock deal including debt and the value of the deal as announced is worth about between $74bn and $90bn. The…
Britain’s trade minister Liam Fox has said that if the UK government rejects the European Union withdrawal deal next month, there is a 50-50 chance that Brexit may be stopped. “If we were not to vote for that, I’m not sure I would give it (Brexit) much more than 50-50,” Fox told the Sunday Times…
The level to which Amazon has been able to own unrivalled position of power within the United States federal government has been underscored by the degree of lobbying by its officials, according to a report published in The Guardian. The report claims that the Trump administration was advised by a top Amazon executive in private…
The results of a survey conducted by Deloitte released on Wednesday shows that the confidence of senior finance officers at companies operating in China is being pulled down by increasing trade risks. The consultancy organization conducts the survey twice a year among financial executives about their attitudes on trade and business as a part of…
Amidst fears that US executives would be targeted by Chinese authorities following the arrest of the CFO of Huawei – Sabrina Meng Wanzhou, in Canada at the behest of the United States, the employees – especially people in the management positions, of US technology giant Cisco, have been advised not to travel of China except…
