BUSINESS >>Insider's Eye

Anil Agarwal eyes closer ties with Anglo American but shareholders will have doubts

The fog surrounding Anil Agarwal's intentions with Anglo American has become only slightly thinner. The Indian billionaire is mulling a merger of his resources group Vedanta with the global miner's ...
Source: Global Times | 2018/7/8 21:18:40

Action needed to avert looming benefits crisis

Government programs to support retirees are in trouble in every country, owing to increasing life expectancy and the rising ratio of retirees to taxpayers. The problem will worsen in the ...
Source: Global Times | 2018/7/5 20:28:40

Tesla finally hits production milestone but formula for real success remains elusive

Tesla's production upshift puts the focus on bigger battles at the $61 billion electric-car maker. Chief Executive Elon Musk had to pull out all the stops to hit his oft-postponed ...
Source: Global Times | 2018/7/5 20:28:39

Activist investor Dan Loeb struggling to promote more lively approach from Nestlé

Dan Loeb is hitting the limits of constructive activism at Nestlé. A year after disclosing he had taken a stake in the Swiss consumer giant, the activist investor has renewed ...
Source: Global Times | 2018/7/4 22:03:40

EU immigration deal papers over Merkel's domestic weakness, Italy's new obstinacy

The EU's fudge-making skills have failed to hide the flaws in its recipe. After haggling all night, leaders on Friday struck a deal on migration that managed to satisfy Italy's ...
Source: Global Times | 2018/7/3 23:23:40

Opening-up is the only way out for A-share market

According to data from the China Securities Regulatory Commission, the number of accepted cases for China Depository Receipts (CDR) and Initial Public Offerings (IPO) totaled 307 as of June 21. ...
Source: Global Times | 2018/7/3 23:03:08

Trump continues to undermine himself on trade

US President Donald Trump recently launched a tirade against Harley-Davidson, the iconic American manufacturer of motorcycles. The cause of his outburst – accompanied by threats to impose taxes “like never ...
Source: Global Times | 2018/7/2 23:28:40

Complex Disney-Fox maneuvers over Sky put UK M&A regulators in a tough spot

Britain's Takeover Panel is in a tricky position. The M&A rule-maker, staffed largely by bankers and lawyers on secondment, said in April that Walt Disney's bid for Sky shareholder Twenty-First ...
Source: Global Times | 2018/7/2 23:28:39

Pro-business Supreme Court has dangerous downside amid rancorous party divisions

Businesses will cheer the prospect of another conservative on the Supreme Court, but it has a dangerous downside. US President Donald Trump gets to name a replacement for Anthony Kennedy, ...
Source: Global Times | 2018/7/1 21:38:40

China should stay vigilant against currency crisis

Since the latter part of June, the yuan's devaluation has accelerated, with the yuan's daily fixing rate against the US dollar breaking above key levels – 6.45, 6.5 and 6.55. ...
Source: Global Times | 2018/6/28 21:08:41

Crypto goes to Hollywood with TaTaTu tokens, but perhaps without a happy ending

Take a Lamborghini, a few movie stars and a dash of Bacardi, and infuse it all with the scent of cryptocurrency riches. With this cocktail, Italian film producer Andrea Iervolino ...
Source: Global Times | 2018/6/28 21:08:40

China-CEEC cooperation will boost EU integration

With the implementation of the Belt and Road (B&R) initiative and 16+1 cooperation, investment from China and infrastructure projects have become the new driving force for economic growth within Europe.
Source: Global Times | 2018/6/28 0:18:40

EU's best bet is to indulge Trump on car tariffs, offer incentives at the negotiating table

Facing a possible trade tit-for-tat with US President Donald Trump, the European Union has two unpalatable options: keep matching American measures, or extend a hand to defuse tensions. Offering to ...
Source: Global Times | 2018/6/28 0:18:39

China's stock market needs new regulatory framework

The stark contrast between China's sagging A shares and still-resilient US stocks, both clouded by the China-US trade row, should be a wake-up call against just paying lip service to ...
Source: Global Times | 2018/6/26 23:28:41

Airbus' Brexit certainty drive is wishful thinking, calls for clarity will fall on deaf ears

Airbus' Brexit certainty drive is wishful thinking. The nature of the Franco-German planemaker's business means that earmarked transition periods after a UK exit could be too short. But its call ...
Source: Global Times | 2018/6/26 23:28:40

China must pursue cautious path toward petroyuan

Since the launch of yuan-denominated crude oil futures in March, the contract's average daily trading volume has steadily increased and now ranks No.3 in the world. Its overall price trend ...
Source: Global Times | 2018/6/25 22:53:40

Saudi index win is stepping stone, but Aramco IPO listing would make bigger splash

Saudi Arabia's stock market is joining the big time. Index provider MSCI on Wednesday added the kingdom to its emerging markets benchmark. The elevation is well deserved, but a more ...
Source: Global Times | 2018/6/25 22:53:39

Companies feed bad politics by shirking tax duties

Societies work best if everyone helps out. Two new studies suggest that many big companies in developed economies are shirking. They are taking too much in profit and paying too ...
Source: Global Times | 2018/6/24 20:53:40