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Nissan’s Turnaround Plans To Be Hit As Its Top Executive Seki Set To Resign

Nissan’s Turnaround Plans To Be Hit As Its Top Executive Seki Set To Resign

Nissan’s efforts and plans to stage a turnaround of its business fortune which had slumped following the arrest and ouster of its former chief Carlos Ghosn were dealt a blow after the announcement of the departure of Jun Seki, Nissan's vice chief operating officer and a former contender for chief...
Uber Co-Founder Kalanick To Leave Uber Completely To Focus On Industrial Kitchens Venture

Uber Co-Founder Kalanick To Leave Uber Completely To Focus On Industrial Kitchens Venture

The co-founder of Uber, Travis Kalanick, has ultimately decided to quit form the board of the ride hailing company. It was also announced that he would be selling all of his shares in the company. Kalanick will now focus his attention to setting up a new venture that would create “ghost kitchens”...
TikTok Influencers Being Used By Brands For Holiday Season Campaigning

TikTok Influencers Being Used By Brands For Holiday Season Campaigning

The Chinese app TikTok that was launched just about a year ago in the United States is being used extensively by major brands for promotions of their products for the holiday season on the platform making use of influencers on the app.   In recent months, a string push has been made to...
Roche To Acquire from Sarepta Ex-US Rights To A Therapy For $1.15B

Roche To Acquire from Sarepta Ex-US Rights To A Therapy For $1.15B

The exclusive rights to commercialization rights to SRP-9001, the United States based pharma biotech company Sarepta’s investigational gene therapy for Duchenne muscular dystrophy (DMD), will be bought by Basel, Switzerland-based Roche in a $1.15 billion deal. The deal will allow Roche to launch...
Changes To Avoid A Ban In Germany Will Be Made, Says Uber

Changes To Avoid A Ban In Germany Will Be Made, Says Uber

Following the observation of a German court that some of the business processes of the ride hailing company Uber did not respect local law, the US based firm has said that it will make the necessary changes so that it can avoid being banned from the German market.   The business process...
US Sanctions On Nord Stream Sanctions Criticized By German And EU

US Sanctions On Nord Stream Sanctions Criticized By German And EU

The sanctions by the United States on companies that are currently constructing a Russian natural gas pipeline to Germany have been criticized by Germany and the European Union.   US president Donald Trump was accused of interfering in national and bloc sovereignty by both the parties....
Tesco Breaks Off With Chinese Supplier Of Cards Which Allegedly Used Forced Prison Labour

Tesco Breaks Off With Chinese Supplier Of Cards Which Allegedly Used Forced Prison Labour

After a press report about foreign prisoners who were victims of forced labour, were used for packaging Christmas cards made by a Chinese factory, the British supermarket giant Tesco suspended ties with the Chinese supplier on Sunday. The matter came to light after a customer of the cards found...
Fiat Chrysler Gives Assurance On Jobs And Continued Italian Investment To Unions

Fiat Chrysler Gives Assurance On Jobs And Continued Italian Investment To Unions

An investment plan of 5 billion euro ($5.54 billion) in Italy along with assurances for job security has been given by the Italian carmaker Fiat Chrysler after its merger with the French rival PSA, said the workers’ union at Fiat following a meeting with the management of the company.   The...
First Space Mission Of Reaching ISS Fails For Boeing’s Starliner Spacecraft

First Space Mission Of Reaching ISS Fails For Boeing’s Starliner Spacecraft

The first test flight of Boeing’s Starliner spacecraft did not manage to achieve its mission – successfully reaching the International Space Station. The launch which took place from Cape Canaveral in Florida according to schedule on 20 December did make it successfully into an orbit around Earth...
Nike Fiscal Q2 Earnings Beat Estimates But Stocks Fall

Nike Fiscal Q2 Earnings Beat Estimates But Stocks Fall

Nike investors are apparently not happy with the company’s earnings even after the share price of the company touched a record high on Thursday.   After the company announced fiscal second quarter results that easily beat the market estimates, the shares of the company went down in late hour...
Paris Court Hold French Telecom Company Orange Guilty For Workers' Suicides

Paris Court Hold French Telecom Company Orange Guilty For Workers' Suicides

In a landmark ruling, a Paris court held the French telecoms group Orange and its former CEO Didier Lombard guilty of “moral harassment” resulting in a number of suicides in the company during a period in the late 2000s when the company was undergoing a restructuring.   According to analysts...
UK Ad Watchdog Bans BAT’s Vaping Ads On Instagram

UK Ad Watchdog Bans BAT’s Vaping Ads On Instagram

The advertising watchdog of the United Kingdom has ruled that it was preventing British American Tobacco (BAT)’s all forms of advertisement of its e-cigarettes on all of the public accounts on Instagram which would also include the accounts of some of the social media influencers that it has...
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World

EU Pushes Reparations Strategy to Make Russia Pay for Ukraine’s War Costs

EU Pushes Reparations Strategy to Make Russia Pay for Ukraine’s War Costs
European leaders are moving closer to an unprecedented financial move: channeling proceeds from frozen Russian assets into a reparations loan for Ukraine. The initiative, spearheaded by the European...

Epstein “Birthday Book” Release Puts Focus on Trump: Legal, Political and Electoral Fallout

Epstein “Birthday Book” Release Puts Focus on Trump: Legal, Political and Electoral Fallout
Congressional disclosure of materials from Jeffrey Epstein’s estate has put a disputed 2003 “birthday book” squarely into the political spotlight. The book, turned over to the House Oversight...

China’s Xi’s blueprint for a multipolar era: markets, institutions and a China-led remit

China’s Xi’s blueprint for a multipolar era: markets, institutions and a China-led remit
Chinese President Xi Jinping used a high-profile summit of the Shanghai Cooperation Organisation to set out an expansive vision for a reshaped global order — one that leans on regional institutions,...

Economic Necessity and Geopolitical Hedging: Why India and China Are Reopening Skies and Trade

Economic Necessity and Geopolitical Hedging: Why India and China Are Reopening Skies and Trade
India and China’s agreement to resume direct flights and expand trade and investment marks a pragmatic thaw between two wary neighbours — a move shaped as much by regional border diplomacy as by a...

Putin–Witkoff Kremlin Talks Raise Global Stakes as U.S. Deadline Nears

Putin–Witkoff Kremlin Talks Raise Global Stakes as U.S. Deadline Nears
U.S. special envoy Steve Witkoff met Russian President Vladimir Putin at the Kremlin on Wednesday, just two days before the expiration of a key deadline set by President Donald Trump. The deadline...

People

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute
The legal and political battle over President Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook is moving into a Washington courtroom, where a federal judge is preparing to hear...

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance
The alliance between former President Donald Trump and tech magnate Elon Musk—once hailed as an unlikely marriage of populist politics and Silicon Valley ambition—crumbled in a matter of days this...

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls
Republican nominee and former U.S. President Donald Trump announced on Thursday that he would not participate in a third presidential debate against his Democratic rival, Vice President Kamala...

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals
Vice President Kamala Harris on Friday presented a comprehensive economic policy agenda aimed at countering criticisms from Republicans and addressing key middle-class concerns. Speaking in Raleigh,...

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg
According to a Bloomberg story quoting sources, billionaire Elon Musk, who has been criticising US President Joe Biden more and more, has contributed to a political organisation that aims to elect...