BUSINESS >>Insider's Eye

Saudi's Aramco plan B is too clever by half, but lacks the ambition of original strategy

Mohammed bin Salman's financial engineers are earning their fees. Plans for the Saudi crown prince to spearhead a triumphant listing of domestic oil titan Aramco are on ice, but his ...
Source: Global Times | 2018/8/1 19:08:40

BP deal ticks risky boxes and bucks investor trends, but the logic behind it is sound

BP is bucking the trend. Oil investors nowadays are skeptical of pricey deals that double down on hydrocarbons. The UK oil major's $10.5 billion acquisition of BHP's US shale assets, ...
Source: Global Times | 2018/7/31 20:08:40

US must fight low savings rate with legislation

The US needs new policies to raise the household savings rate. From 1960 to 1980, the household savings rate ranged between 10-13 percent of after-tax income, providing funds for investment ...
Source: Global Times | 2018/7/31 20:08:39

As Amazon relies less on online stores, new areas of business will drive profit growth

Amazon's growth is leaving the shop behind. Jeff Bezos's outfit now gets just over half its revenue from its online stores, down from two-thirds two years ago. E-commerce is still ...
Source: Global Times | 2018/7/30 22:58:39

Collaboration can increase understanding of B&R

The Belt and Road (B&R) initiative was proposed by China almost five years ago. After some cultural and economic conflicts, some foreign media and the public have begun to raise ...
Source: Global Times | 2018/7/30 22:43:39

'Triple punch' policies to bring years of trade tensions

US President Donald Trump has adopted a hard-line trade policy and recklessly instigated the trade conflict with China. This is the result of a combination of adjustments to his trade, ...
Source: Global Times | 2018/7/29 20:18:39

Deutsche Bank will struggle to clear low bar following better-than-feared Q2 results

Deutsche Bank's actual second-quarter numbers are a reminder that it has a semi-permanent residency in the doghouse. Chief Executive Christian Sewing's surprise July 16 pre-release of the German bank's numbers ...
Source: Global Times | 2018/7/29 20:13:40

Chinese firms must tailor LAC projects to local needs

Mexico held its presidential election on July 1, and the left leaning candidate Andres Manuel Lopez Obrador was elected. Lopez Obrador has expressed his willingness to explore cooperation opportunities with ...
Source: Global Times | 2018/7/26 23:13:41

Advertising imperative means that Facebook, Twitter will stay stuck in the swamp

Facebook and Twitter want to be like vibrant town squares, bustling with conversation and opinions of all stripes. Instead they look like swampy quagmires, where misinformation and bullying abound. Lawmakers ...
Source: Global Times | 2018/7/26 23:13:40

Alphabet profit machine appears unstoppable, despite best efforts of EU regulators

Europe can't stop the Alphabet profit machine. Regulators have tried to throw sand in the gears of the internet goliath, but blowout quarterly figures show Google's parent is in a ...
Source: Global Times | 2018/7/25 22:38:40

Multilateral trade system vital for global economy

Globalization and multilateralism have been powerful trends in the world for the last few decades, helping to create well-being and living standards for human society that have never been seen ...
Source: Global Times | 2018/7/25 22:38:40

US' trade policies will damage its own companies

People may wonder why the US government started the product exclusion process for Chinese products subject to Section 301 tariffs through the office of the US Trade Representative (USTR) only ...
Source: Global Times | 2018/7/24 22:43:41

Departing Fiat Chrysler boss leaves big sweater to fill but successor looks promising

Sergio Marchionne leaves a massive sweater to fill. The board of Fiat Chrysler Automobiles (FCA) replaced him as chief executive on Saturday after complications from recent surgery caused his health ...
Source: Global Times | 2018/7/24 21:23:39

China's leadership set to usher in Asian century

Throughout history, many Western nations have emerged as stable and established economies with numerous successful enterprises and institutions. These enterprises and institutions run Western economies, but the drivers of such ...
Source: Global Times | 2018/7/23 23:23:40

Comcast makes smart decision to walk away from battle with Disney for Fox assets

Comcast Chief Executive Brian Roberts is swallowing his ego a second time. The controlling owner of the US cable firm decided not to top rival Walt Disney's $71 billion bid ...
Source: Global Times | 2018/7/23 21:58:40

Growing list of lawsuits facing Google could reduce it to the ranks of tech has-beens

The European Commission's $5 billion fine on Google is the least of parent company Alphabet's worries. A companion order requiring it to stop forcing handset makers to pre-install its Google ...
Source: Global Times | 2018/7/22 23:53:40

Import substitution alone can't fix Russia's economy

Import substitution has always been important for Russia as it seeks to reindustrialize, but it gradually became a key national policy as a response to economic and geopolitical crises.
Source: Global Times | 2018/7/22 23:48:39

ECB needs more flexibility to handle next downturn

The European Central Bank's recent announcement that it will try to end asset purchases by this December means that it has confidence in its ability to achieve price stability. But ...
Source: Global Times | 2018/7/19 23:13:41