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Xi Jinping's Diplomatic Outreach In Latin America Amid Tensions With The U.S. 11/17/2024

Climate Finance At A Crossroads: G20's Role In Tackling Global Warming 11/16/2024

U.S. Economy Shows Resilience Amid Uncertain Interest Rate Prospects 11/16/2024

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Shareholders’ Turn Down The Proposal Of Pay Upgrade At BP

The chief executive at BP does not have the shareholders’ support in hiking his pay. The shareholders of BP are against the proposal that awards a pay of “£13.8m” to its Chief Executive, Bob Dudley, just following a “year of huge losses”. Moreover, the oil giant is urging the major shareholders to...

British Authorities Are Trying to Rescue Steelworkers

The UK authorities have officially confirmed their intention to intervene in the situation surrounding the sale and the possible closure of a number of British metallurgical enterprises owned by the Indian company Tata Steel. Closure of enterprises could entail job loss for thousands of British....

Study Found That Britons Work Longer, Yet Worse

The majority of British workers spend a lot of time at work, yet their productivity growth is either small or non-existent, according to the study, which results were published in British The Guardian. More than two-thirds of the workers said they spend at work more time than two years ago, but...

Oxfam Calls to Fight Tax Evasion

More than a quarter of the capital, created in the UK over the past 15 years, settled in the wallets of the richest people, who make up only 1% of the population, according to the international organization Oxfam. In its report, the organization particularly stresses that many of the "rich British...

GM Speeds up Self –driving Car Strategy by Buying Cruise Automation

In what is being described as it latest move in its effort to outflank Silicon Valley in the race to develop shareable, autonomous vehicles, US auto giant General Motors Co is buying Cruise Automation, a San Francisco self-driving vehicle startup. Cruise founder Kyle Vogt told media that...

Daewoo's Shipyards : The Worst is Over for the Company

South Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering Co. (DSME) has declared that the worst is behind the company. The company expects to reach the profit for the current quarter after a record loss in 2015. The second largest producer of ships in the world is going to...

Mercer: Gender Equality Is Unattainable in 10 Years

Women are not sufficiently engaged in the labor force around the world. If employers keep the current level of progress in this environment, women will occupy only 40% of managerial and professional positions by 2025, according to the second annual report ‘When Women Thrive’, which has been drawn...

Republic Airways Holdings Inc. Files Chapter 11 Petition For Reorganisation Along With Its Subsidiaries

The Republic Airways Holdings Inc. has decided to go through a restructuring process and filed a petition for the same. Republic Airways Holdings Inc. along with some of its subsidiaries have registered a “voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code”. The...

Horsehead Holding Corp. Opts For ‘Voluntary Restructuring’ Under Chapter 11

One of the Bankruptcy Court of the United Nations registers Horsehead Holding Corporation’s petition under Chapter 11. In an announcement, Horsehead Holding Corp. Revealed that the company and some of its subsidiaries have filed for “voluntary petitions” under “Chapter 11 of the United States...

LSE & Deutsche Borse On Merger Agreement

In a merger agreement, Deutsche Borse & LSE Group creates a combine group and in an announcement reveals more information about the said decision. On Friday, the 26th March 2016, more details regarding the merger agreement between Deutsche Borse and London Stock Exchange Group has been made...