BUSINESS >>Insider's Eye

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

Big data set to give Chinese firms edge over rivals in coming healthcare AI revolution

Forget autonomous driving: The latest digital buzzword is medtech. Investors at last week's annual RISE technology conference in Hong Kong talked up a coming healthcare artificial-intelligence revolution, and the hype ...
Source: Global Times | 2018/7/19 23:13:40

Tesla must find way to punish Musk after recent outburst despite the risk involved

Elon Musk has put the board of Tesla on the spot. The $52 billion electric-car maker's chief executive on Sunday sent a tweet suggesting, without evidence, that one of the ...
Source: Global Times | 2018/7/18 23:58:40

Can US tariffs take the steam out of China's economy?

After unilaterally slapping hefty tariffs on $34 billion worth of Chinese imports, which took effect on July 6, the US on July 10 escalated its trade bullying by proposing a ...
Source: Global Times | 2018/7/18 23:53:39

'China speed' makes it a valuable partner for Latin America on infrastructure

The international trading system is going through turbulent times. Long established standards are being challenged. What until recently seemed platitudinous – like the notion that a rules-based order was in ...
Source: Global Times | 2018/7/17 22:38:39

Potential returns from Fox dwindling as fierce battle for control keeps pushing up price

The price tag for Twenty-First Century Fox assets keeps increasing as Walt Disney and Comcast fight for bits of Rupert Murdoch's empire. Yet one number just gets smaller: the return ...
Source: Global Times | 2018/7/17 22:13:39

Market 'driving force' of China's global oil strategy

China's energy transformation toward renewable sources doesn't negate the need for the nation to become an oil power to support the economy's continued growth. With domestic oil and gas production ...
Source: Global Times | 2018/7/16 22:43:39

Dubious software acquisition could vaporize hard-won credibility of Broadcom boss

Broadcom Chief Executive Hock Tan has used up eight of his nine lives. With a single deal – the $19 billion acquisition of software company CA – he has torched ...
Source: Global Times | 2018/7/16 22:33:39

Privatization could fix Pakistan's educational system

Education – especially primary and secondary schooling – is perhaps the most-discussed topic in Pakistan. Poor education has not only hindered the country's efforts to eradicate poverty and boost growth, ...
Source: Global Times | 2018/7/15 23:33:40

Fox's $33b bid for Sky pushes value so high that decent return would be hard to achieve

Rupert Murdoch's Twenty-First Century Fox may be about to push the bidding war for Sky into crazy territory. A mooted new 25 billion pound ($33 billion) bid is too high ...
Source: Global Times | 2018/7/15 23:33:39

'Middle powers' play big role in maintaining intl order

British media reports recently said the middle powers, such as Germany, France, Japan and the UK, should be united to coordinate their positions on major issues, including the world's multilateral ...
Source: Global Times | 2018/7/12 22:23:40

Latest Supreme Court pick could push judicial balance firmly to the right for a generation

President Donald Trump has given a deregulatory gift to business with his nominee for the Supreme Court. As a federal judge, Brett Kavanaugh has ruled against the Consumer Financial Protection ...
Source: Global Times | 2018/7/12 20:53:40

Resignation of Boris Johnson worsens currency vulnerability as Brexit wrangling continues

The departure of two senior government ministers in less than 24 hours will either make or break Prime Minister Theresa May and her Brexit negotiations. It certainly makes the pound ...
Source: Global Times | 2018/7/11 22:23:41