EXCLUSIVE China readies plan to elevate status of antitrust unit – sources
China is considering boosting the status of its antitrust bureau within the market regulatory agency as it steps up a campaign against anti-competitive behaviour, two people familiar with the matter said.
Marketmind: Stagflation blues
Even by the conservative standards of global organisations, the International Monetary Fund is known for its cautious forecasts. So, when the Fund cut 2021 growth forecast on Tuesday and said it was growing more concerned about entrenched inflationary pressures, there is reason for investors to take notice.
World must triple clean energy investment by 2030 to curb climate change -IEA
Investment in renewable energy needs to triple by the end of the decade if the world hopes to effectively fight climate change and keep volatile energy markets under control, the International Energy Agency (IEA) said on Wednesday.
eCom Scotland’s Answer to Professional Institutes’ Mission-Critical Issues
According to the digital learning and assessment specialist, eCom Scotland, using technology to provide accessible assessments, available ‘24/7’, goes a long way towards helping professional institutes meet their mission-critical issues.
The real estate market appears to be shaky as a result of China’s Evergrande crisis!
The Evergrande Real Estate Group is regarded as one of China’s largest property developers. On the Fortune Global 500, it was ranked 122nd. According to reports, the company is planning to sell a significant portion of one of its businesses. This deal appears to be worth more than $5 billion. However, if the deal goes […]
Business jet makers look to tap surging corporate travel demand at Las Vegas air show
Planemakers are likely to unveil new orders and models at the world’s largest business jet show this week as they aim to cash in on a boom in private travel, but executives warn of headwinds due to a capacity crunch.
Marketmind: Earnings face the inflation test
After weeks of debate about the supposedly transitory nature of higher inflation and its potential monetary policy implications, markets are about to find out how rising input costs impacted companies during the third 2021 quarter.
Analysis: Corporate business travel ‘carbon budgets’ loom for airlines
As major companies look at drastic ways to cut carbon emissions from corporate travel, airlines are bracing for a major hit to business-class travel, a key revenue driver, industry executives and experts say.
Samsung’s best quarterly revenue in three years is fueled by rising chip prices!
On Friday, Samsung Electronics Co Ltd reported a 28% increase in revenue, owing to rising memory chip prices as well as display revenues from the latest smartphone launches. The world’s largest memory chip and smartphone manufacturer forecasted a profit of 15.8 trillion won ($13.3 billion) for July-September, which was lower than the 16.1 trillion won […]
EXCLUSIVE US electronics firm struck deal to transport and hire Uyghur workers
QINZHOU, China, Oct 7 (Reuters) – U.S. remote-control maker Universal Electronics Inc (UEIC.O) told Reuters it struck a deal with authorities in Xinjiang to transport hundreds of Uyghur workers to its plant in the southern Chinese city of Qinzhou, the first confirmed instance of an American company participating in a transfer program described by some rights groups […]
