Features
Softbank Mulls IPO To Boost Cash Reserves
The IPO could see the company raise¥2 trillion ($18 billion) as it floats a 30% stake in Softbank Corp, Japan’s number three wireless provider.
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Economics, Policy & Regulation
Worst-Case Brexit Could Cost UK $65 Billion
According to a Cambridge Econometrics report a “hard Brexit,” in which the country would leave both the EU customs union and the single market, could cost the UK almost half a million jobs and about $64.7 billion in investment by 2030.
News
Argentina Railway Revives With Upsurge In New Investments
Just two of several programsover the past two years haveattracted $45 million from local and foreign private inerests and created at least 8,000 jobs.
News
Berkshire Hathaway Names Buffett’s Successors
Longtime senior executives Greg Abel and Ajit Jain were promoted to vice chairman on January 10 and joined Berkshire’s board of directors. The announcement might suggest that Abel and Jain, alone or together, might lead the company in the near future.
News
Protestors Demand Change In Iran’s Economic Priorities
The situation came to a head late last year when the Iran government proposed an austere budget for 2018. Subsidies on basic goods and services for the poor were subject to proposed cuts, as fuel prices were set to rise by as much as 50%.
News
Ferrero Buys Nestle’s US Candy Business
With the Nestle acquisition, Ferrero has now become the third-largest confectionary company in the United States.
Economics, Policy & Regulation
Caterpillar, IRS And The US Tax Conundrum
Theconstruction-equipment giant finds itself at the center of a tax controversy involving the Internal Revenue Service (IRS) and the impact of US tax reforms on domestic and international companies.
Economics, Policy & Regulation
French President Macron Takes Diplomatic Lead
The UK’s decision to leave the EU and the dwindling strength of German Chancellor Angela Merkel, who saw her party diminished in Germany’s recent federal elections, have given Macron a rare chance to bolster French influence.
News
South Korea Engages With North Korea
South Korea’s new overtures to Kim Jong IIare part of a broader regional diplomatic initiative. Moon visited China, a North Korean ally and key trading partner, in December 2017, and called for better South Korea-China relations.
Data
Countries With Most FDI In 2018
Overall global FDIdeclined last yearwith developed economies seeinga decrease in flows even asdeveloping economies saw an increase.
Economics, Policy & Regulation
Lego Expects More Profit After IP Win In China
An intellectual property (IP) rights’ victory in China for the Danish toymakerwill also give comfort to other Western consumer-goods companies struggling with similar issues.