International – Page 27 – City Business News

October 25, 2017 No Responses

Saudi Arabia unveils agenda for $500b mega city, business zone

Saudi Arabia has unveiled plans to build a new city and business zone – a project that will be backed up by more than $500bn (£381bn) in investment. Crown Prince Mohammed bin Salman says the 26,500 sq km (10,232 sq...

October 22, 2017 No Responses

Aruna Quadri crashes out of ITTF World Cup

Aruna Quadri, African Table Tennis Champion, has crashed out of the ongoing International Table Tennis Federation (ITTF) World Cup in Liege, Belgium. Quadri suffered a 6-11, 7-11, 6-11, 7-11 loss to Japan’s Jun Mizutani in the Round of 16 on...

October 21, 2017 No Responses

Five auto firms under investigation over alleged limit on emission technology

BMW has confirmed its head office was searched this week by European Union officials investigating an alleged cartel among five German carmakers. EU investigators are looking into allegations that BMW, Daimler, VW, Audi and Porsche colluded to limit their spen...

October 21, 2017 No Responses

US-Nigeria trade council to hold agribusiness investment summit in Atlanta

The US-Nigeria Trade Council (USA) is to host the US-Nigeria AgriBusiness Investment Summit on November 16-18, 2017 at the Hilton Atlanta Airport Hotel, in Atlanta, Georgia, United States of America. According to the organisers, the 3-day Summit offers atten...

October 20, 2017 No Responses

Again, Toyota emerges best in global reliability survey

For the fifth year in a row, Toyota and Lexus rank as the top two brands for reliability based on a survey of Consumer Reports subscribers. Consumer Reports‘ 2017 Auto Reliability Survey published on Thursday found “growing pains” among....

October 17, 2017 No Responses

NLNG demands $315m judgment debt from NIMASA

The Management of Nigeria LNG (NLNG) has formally issued a demand notice for the sum of $315,598,823.29 judgment debt to the Nigerian Maritime Administration and Safety Agency (NIMASA). According to NLNG, the sum represents the payments made under protest.....

October 17, 2017 No Responses

Nigeria, Ghana, sign MoU on maritime operations

In line with its vision to enhance regional integration to develop capacity, the Nigerian Maritime Administration and Safety Agency, NIMASA, has signed a Memorandum of Understanding (MoU) with the Ghanaian Maritime Authority, GMA. At the official signing of...

October 17, 2017 No Responses

Nissan appoints Anthony Thomas Chief Information Officer, brand value rises to $11.5b

Nissan Motor Company Limited has announced that Anthony Thomas, most recently group CIO at GE Global, will assume the duties of CVP, CIO (chief information officer), Global IS/IT Nissan from October 23, 2017. Thomas will be based at Nissan’s headquarte...

October 14, 2017 No Responses

Management Crisis: Samsung CEO resigns

Citing “unprecedented crisis”, Samsung Electronics chief executive Kwon Oh-hyun has resigned. It is the latest management upheaval at the firm after the heir of the entire Samsung Group was imprisoned for corruption in August. Mr Kwon is one of thr...

October 12, 2017 No Responses

Audi delivers 1,380,800 vehicles in nine months

AUDI AG ended the third quarter with an increase of 2.6 percent in September sales compared to 2016. In the past month, the company sold 178,350 units. The picture was mixed among the top markets: While sales grew in the...

October 12, 2017 No Responses

Kia appoints Oleg new head of design in China

Kia Motors has appointed prominent car designer Oleg Son, 56, as Head of Kia Design China – leading the brand’s design activities in China and strengthening its design capability in the rapidly expanding Chinese market. Son will be based in...

October 11, 2017 No Responses

Chevron to deliver LNG to customers in Asia

Chevron has started producing liquefied natural gas (LNG) at the Wheatstone project in Western Australia. According to Offshore Magazine, the first cargo is on track to be shipped in the coming weeks. At full capacity, the Wheatstone project’s t...

October 11, 2017 No Responses

ILO: Sluggish SME development hurts jobs, economy

Investing in workers and innovation, and boosting trade and social dialogue are key to stemming rising global unemployment, the latest edition of the ILO’s flagship report shows. With more than 201 million workers unemployed in 2017 – an increase...

October 10, 2017 No Responses

Porsche seeks $235m damages from Audi over diesel scandal

There’s trouble in Volkswagen paradise as Porsche begins litigation against its sister-brand Audi, alleging that the auto manufacturer’s role in the Dieselgate scandal has cost the luxury automaker upwards of $234 million, Reutersreports. In 2015, ...