BUSINESS >>Insider's Eye

Opioid crisis litigation pile-up against US drugmakers reaches legal critical mass

The pressures to settle opioid-related litigation against US companies have reached critical mass. A combined $50 billion of proposed settlements is now on the table. Drugmakers and distributors prefer one-off ...
Source: Global Times | 2019/10/21 20:48:40

CEEC divided over use of Huawei's 5G technologies

Central and eastern European countries (CEEC) appear to be divided over attitudes to Huawei's 5G technologies.
Source: Global Times | 2019/10/21 20:03:40

US' piercing words don't hurt Huawei's growth

Under unprecedented relentless assault of the US government, Huawei has proved to the world that it will not cave in to a bully, and that the Chinese technology flag-bearer is ...
Source: Global Times | 2019/10/20 18:17:34

Greed and gloom sink KKR's Aussie lender IPO despite last minute price cut

Aussie backers are learning the hard way that greed and gloom don't mix. US private equity firm KKR and other investors have scrapped a second attempt to list Australian lender ...
Source: Global Times | 2019/10/17 20:58:41

India's China-US balancing act not sustainable

While yearning for economic gains with China, India cannot help aligning itself closely with the US.
Source: Global Times | 2019/10/17 20:48:41

Facebook would be wise to just give up on politics in wake of fake advertisement sting

There is an elegant solution to Facebook's chronic problem with political ads: it could stop running them altogether.
Source: Global Times | 2019/10/16 20:38:40

No, we do not 'need' another painful recession

I recently received an email from my friend Mark Thoma of the University of Oregon, asking if I had noticed an increase in commentaries suggesting that a recession would be ...
Source: Global Times | 2019/10/16 20:33:40

Foreign firms adapt to China's further opening

This past week has seen two positive developments amid a generally gloomy China-US trade war atmosphere. One was a truce in the trade war, and the other was China's announcement ...
Source: Global Times | 2019/10/15 19:43:40

UK market rise following compromise shows Boris Johnson the benefits of a Brexit deal

Markets are showing British Prime Minister Boris Johnson the benefits of striking a Brexit deal. The pound bounced and shares in UK-focused companies rose after the prime minister and his ...
Source: Global Times | 2019/10/15 19:33:40

Global poverty solved thanks to China, not 2019 Nobel economics laureates

Maybe it's time to abolish the absurd Nobel Prize for economics. Monday's announcement of this year's Nobel economics laureates points to the absurdity of the prize that technically isn't really ...
Source: Global Times | 2019/10/14 21:16:02

African smartphones linked to Chinese innovation

The African continent has grabbed global headlines recently as Kenya's Eliud Kipchoge became the first marathon runner to shatter the two-hour barrier in Vienna on Saturday. The landmark achievement follows ...
Source: Global Times | 2019/10/14 19:28:40

BHP and shareholders share green lobbying dilemma in face of Paris climate pledges

Is it better to criticize from inside the tent, to paraphrase former US president Lyndon Johnson's famously earthy line, or from outside? Aberdeen Standard and other shareholders want miner BHP ...
Source: Global Times | 2019/10/14 19:13:40

Google could buff its browser-privacy blemishes before more users abandon Chrome

Google's browser privacy could use more cover. Chrome's owner lags both Mozilla's Firefox and Apple's Safari in trying to make the web less creepy. The prospect of losing revenue may ...
Source: Global Times | 2019/10/13 18:07:40

China's FX reserves at risk from rising foreign debt

Excessive foreign debt generally has a major impact on a country's economic and financial stability. The 1997 Asian financial crisis and the frequent financial market turmoil in South America are ...
Source: Global Times | 2019/10/13 18:03:39

Boris Johnson's Brexit long shot is short of time and leaves a lot to be desired

Boris Johnson has launched a long-shot Brexit plan with a very short timetable. The British prime minister's much-anticipated alternative blueprint for leaving the European Union has several major flaws. But ...
Source: Global Times | 2019/10/10 19:48:41

India, China should expand trade as RCEP nears end

Negotiations over the Regional Comprehensive Economic Partnership (RCEP) are finally nearing the end as a major breakthrough has been reached in talks with the Indian side. The 28th and latest ...
Source: Global Times | 2019/10/10 19:48:40

New Nissan CEO could be reinvigorating force for embattled Renault alliance

Nissan Motor and Renault's alliance may soon be reinvigorated. It hit the skids last November when the $24 billion Japanese carmaker ousted mutual Chairman Carlos Ghosn.
Source: Global Times | 2019/10/9 19:03:41

US economy slowing but not in danger of recession

Will the US enter a recession in 2020, a US presidential election year, or will its economy only slow further without entering actual recession? That is the discussion among the ...
Source: Global Times | 2019/10/9 19:03:40