Category: International

Ford Recalls 2019 Ranger
November 27, 2019 No Responses

Ford Recalls 2019 Ranger

Ford Motor Company has recalled select 2019 Ford Ranger vehicles over taillight function.According to Ford, the recall programme  affects 72,718 vehicles in the US and 5,546 units in Canada.Ford explained that the affected 2019 Ford Ranger models were built at...
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BMW Sets Aside €7.3b For Battery Cell
November 27, 2019 No Responses

BMW Sets Aside €7.3b For Battery Cell

BMW Group has announced that it will significantly increase its battery cell orders from Chinese company Contemporary Amperex Technology Co. Ltd (CATL), in order to boost its vehicle electrification program.BMW Group has also informed in a release that the ord...
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Uber Loses Licence In London
November 26, 2019 No Responses

Uber Loses Licence In London

Transport for London (TfL) on Monday refused to give the ride-hailing company Uber, a new licence to operate in London over safety and security concerns. The licensing body said in a statement that “TfL has identified a pattern of failures...
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International Breweries Photo News
November 22, 2019 No Responses

International Breweries Photo News

L-R: Legal and Corporate Affairs Director, International Breweries, Otunba Michael Daramola, Finance Director, International Breweries,  Zuber Momoniat, Director, Chapel Hill Denham Advisory Ltd, Lanre Buluro, Managing Director, International Breweries, Annab...
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Emirates Sets Aside $16b For 50 Airbus A350 Planes
November 18, 2019 No Responses

Emirates Sets Aside $16b For 50 Airbus A350 Planes

The Dubai-based Emirates Airline has ordered 50 Airbus A350 planes worth a total of 16 billion dollars.The company ordered an additional 20 jets during the Dubai Air Show, in addition to the 30 A350s that were announced earlier in the...
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Continental Tyre Boss Emerges 2019 Africa MD
November 4, 2019 No Responses

Continental Tyre Boss Emerges 2019 Africa MD

Managing Director of Continental Tyre South Africa and Sub-Saharan Africa, Shaun Uys  has been selected as  2019 Africa MD  by Global 100.Global 100 is  an annual publication with a readership of over 293 000 industry leaders in 163 countri...
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Reflections On WFE’s 59 General Assembly, Annual Meeting In Singapore
November 1, 2019 No Responses

Reflections On WFE’s 59 General Assembly, Annual Meeting In Singapore

 By Oscar Onyema, CEO, NSE I am honoured to recap the 59th WFE General Assembly & Annual Meeting (GA&AM) held in Singapore, 8-10 October 2019. It always gives me great pleasure to attend the WFE’s flagship conference, which is our...
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SIFAX Boss Tasks African Businesses On Emerging Opportunities In Global Market
November 1, 2019 No Responses

SIFAX Boss Tasks African Businesses On Emerging Opportunities In Global Market

Group Managing Director, SIFAX Group, Mr. Adekunle Oyinloye, has urged businesses on the African continent to dream big by taking advantage of emerging opportunities on the global stage.He said doing this would transform them to global business brands with att...
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Ghana To Ban Rice Importation
October 31, 2019 No Responses

Ghana To Ban Rice Importation

Ghana has set a target of three years for the country to put a stop to rice importation.This was disclosed by the Deputy Minister of the Ministry of Food and Agriculture, Kennedy Nyarko Osei.Osei said Ghana was working round the...
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Munich Airport, ADB Safegate Seal Partnership
October 30, 2019 No Responses

Munich Airport, ADB Safegate Seal Partnership

The international business arm of Munich Airport, the 100% subsidiary Munich Airport International (MAI) has signed a cooperation agreement with ADB SAFEGATE.A statement on Wednesday explained that the  collaboration combines MAI’s worldwide expertise i...
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IMF/World Bank Forum Participant Diagnosed With Chickenpox
October 26, 2019 No Responses

IMF/World Bank Forum Participant Diagnosed With Chickenpox

A participant at the recent International Monetary Fund/World Bank Annual Meetings held in Washington DC, United States, has been diagnosed with chickenpox.The Secretary of IMF, Jianhai Lin, disclosed this in a statement on Friday, citing a letter from the Was...
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Suzuki Lowers 2019-2020 Sales Estimates
October 18, 2019 No Responses

Suzuki Lowers 2019-2020 Sales Estimates

Suzuki Motor Corporation (SMC) has revised its consolidated business forecast for the current financial year by lowering net sales estimates by 10.3 per cent due to slowdown in the Indian automobile market and decline in production in Japan.The company said...
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Daewoo Secures $762m Contract For Five Containerships
October 17, 2019 No Responses

Daewoo Secures $762m Contract For Five Containerships

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received a contract for the construction of five large containerships.Signed on October 14, the contract is worth KRW 903.9 billion (about USD 762 million), DSME said in a stock e...
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Global Borrowing Now At Highest Level Since 1950s
October 16, 2019 No Responses

Global Borrowing Now At Highest Level Since 1950s

By Patricia Scotland, Commonwealth Secretary-General Trade wars, protectionism, and nationalist rhetoric are combining to create the possibility of a nightmare debt crisis that could be worse than any previously experienced. Global borrowing is now at the high...
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