Britain’s steelmakers are warning against the potential damage to legitimate UK exports to the United States from being caught up in US protectionist measures to counter the dumping of cheap Chinese steel.
Global web services and technology company, Baidu has announced it will provide an open and complete software platform to help develop worldwide autonomous driving systems with reference vehicles and hardware.
US and EU regulators have this week approved the massive sale of agribusiness firm Syngenta to a Chinese company.
Recent forecasts (Hatch Consulting Group) estimate that global demand for steel could grow by a third – nearly 500m tons – by 2030, mainly driven by construction, infrastructure, automotive, energy and capital goods. So why do we hear so much negative news about this vital industry, and how can it return to profitability?
It is a formula as old as business itself – the bribe, the backhander that greases the wheels of commerce. Rolls-Royce has recently learned to its great cost, however, that nowadays it is also a ticket to massive fines and reputational damage.
Founder and CEO of Brompton Bicycles, Will Butler-Adams OBE, has criticised the country’s pervasive pessimism towards Brexit, describing concerns as being “overrated”.
Rolls-Royce has agreed to pay £671m as a result of bribery and corruption claims in Brazil, the US and UK. The figure is thought to be the largest ever levy imposed and the largest enforcement action relating to any criminal allegation in the UK.
More than a third (39.4%) of US businesses with a base in the UK said they are considering moving it to elsewhere in the EU because of Brexit, according to a new report by international law firm, Gowling WLG.
Canadian Prime Minister Justin Trudeau has declared all Arctic Canadian waters off limits indefinitely, which is set to leave oil companies such as BP in limbo with regards to their exploration operations in the region.
A new UN decision has opened the path for a future ban on the use of ‘killer robots’ by member states.