There had been calls by the South Korean officials to reduce the rates of interest that General Motors had bene charging from its loss making South Korean unit on loans for years now but the calls were not paid heed to according to media reports based on documents claimed ot have bene seen by the...

Walmart is planning to soon relaunch a revamped section of its website that caters to online sale of home goods and furnishings.   It would be a few more weeks that the new and enhanced section would be launched, the company said very recently. At the heart of the planning is to counter the...

It was about 130 years ago that German banker Joh Berenberg Gossler & Co. KG had left the United States. But now the lender is attempting to against start business there. Expansion and covering of U.S. stocks in a major way is the aim of this bank which is the world’s second oldest bank after...

With the aim of attracting new investment and increasing growth, simpler business models are being created by partnerships between some publicly-traded U.S. energy pipeline and oil-storage firms.   New transport, gathering and storage projects worth billions of dollars have been created by...

Two of China’s largest tech giants - Alibaba Group Holding Ltd and Tencent Holdings Ltd, are at loggerheads to win over market share and customers and is investing heavily in infrastructure. The combined market value of the two companies is $1 trillion.   The reach of the companies – both...

In 2017, there has been drop of 9 per cent in the number of doctors deciding to migrate to the U.K. from other European countries. This was an eight-year low. This was revealed in a news report based on new figures from the U.K.’s General Medical Council.   Compared to the peak of 4,644...

The healthcare supply market is now being eyed by Amazon.com and according to a recent report published in the Washington Post, the largest online retailer of the world is all set to expand its footprint in that industry segment.    The healthcare offerings are being planned to be...

The United States is set to become a net exporter of natural gas by the year 2020 according to a forecast made in the Annual Energy Outlook of 2018 by the Energy Information Administration (EIA). The agency said that the transformation would be driven by growth in natural gas, oil, and oil product...

The worst week in year for the global stock markets was shrugged off by them following a late rally on Friday which was also followed up on Monday.     There were gains made in the Asian markets on Monday in addition to a higher trading of 0.7 per cent at the S&P 500 futures  ...

In a direct challenge to the dominating position of General Motors with respect to sport utility vehicles, production targets for the same would by enhanced by Ford Motor Co to increase the profit margins of the company, the company announced on Monday.    “We can sell every single...

The total number of UnionPay cards that have been issued by the company outside of mainland China has reached to about 90 million, said UnionPay International, driven by issuance of about 20 million more UnionPay cards in the region in 2017.   It has been a number of years at...