Tag: International Business
H&M penalized for spying on employees: Will pay one of the...
Swedish multinational clothing-retail chain Hennes & Mauritz AB (widely known as H&M) has been fined more than $41 million by the German data protection...
Diverse candidates make WTO leadership election inclusive
When the dust settles in early November the World Trade Organization (WTO) will have a new leader to replace its out-going Director-General Roberto Azevedo...
Reliance Retail enjoys high investor demand
The Indian conglomerate Reliance Retail has put the US-based investment firm Carlyle and the Japanese holding company SoftBank on a waiting list to invest...
Citi Group finds its first woman CEO in Jane Fraser
Jane Fraser, head of consumer banking at Citigroup Inc will be the first woman to become its Chief Executive Officer.
She will take the reins...
India’s Reliance Retail & Amazon in talks to secure a $20...
The Indian billionaire Mukesh Ambani-led Reliance Industries is offering stakes worth $20 billion in its retails wing to Amazon.
The tech giant has already made...
Renewable energy shift occurring faster than expected: Russian Energy Minister
Russian Energy Minister Alexander Novak has opined that the pandemic has led to a greater momentum towards renewable energy, particularly among oil-exporting countries.
The energy...
Indonesia to tax Facebook, TikTok from September
Indonesia has announced the names of more technology firms that will be expected to apply a 10% Value added tax on sales to Indonesian...
Biggest medical deal of the year; Siemens Healthineers to acquire Varian
The German health business Siemens Healthineers announced that it will acquire Varian Medical Systems in a deal worth $16.4 billion. Varian Medical Systems is...
