Carlos Ghosn, a Brazilian born French businessman of Lebanese ancestry, who served as the CEO of Michelin North America, Chairman, and CEO of Renault chairman of AvtoVAZ chairman and CEO of Nissan and chairman of Mistubishi Motors Fled from Japan by using one of the 2 French passports and Lebanese ID, entered Lebanon, confirmed by…
Category: Business
Huawei has reported sales surge by 18 per cent compared to 19.5 per cent in 2018, shrugging off the intense effort by Trump administration to weaken the Chinese technology group and shut it out of western markets, as it shipped 240m smartphones in 2019 up from 206m the previous year. After the US banned exports…
Essilor Luxottica, the world’s biggest maker of frames and lenses has discovered “fraudulent financial activity” at one of its Thailand plants that could result in £163m ( €190m) to the Franco-Italian eyewear group. Essilor International, had “mobilised resources” to put an end to the fraudulent activities and launched an investigation and taking all possible actions…
The Bek Air passenger has crashed in Kaxakhstan at 07:22 (01:21 GMT) killing 12 people leaving dozens of survivors. The Fokker 100 aircraft was flying from Almaty – Kazakhstan’s largest city to the capital Nur-Sultan when it smashed into a building just after take off with 93 passengers and five crew on board. The…
Russia has successfully tested a country-wide unplugged internet alternative to the global internet, its government announced. Experts remained concerned about the trend for some countries to dismantle the internet. “It means people will not have access to dialogue about what is going on in their own countrym as they will be kept within their own…
Veronica Duque, a 43-year-old Spanish school teacher, wore a bodysuit depicting human anatomy for her students to teach them about the subject. “Knowing how hard it’s for kids so young to visualise the disposition of internal organs, I thought it was worth giving it a try” Veronica said and added she found the suit online…
TikTok, the Chinese owned app, which has amassed over 1billion monthly users in three years, had build teams to moderate its streams of viral videos amid concerns that users are being expose to the kind of toxic content that has plagued YouTube and Facebook. TikTok will outsource decisions on what videos are acceptable to teams…
Dennis Mullenburg CEO of Boeing has been replaced after he repeatedly failed to gain control of the crisis that followed the fatal crashes of two of its 737 MAX jets. Mr David Calhoun a board director for the past decade who replaced Mr Mullenburg as chairman two months ago, will take the helm from mid-January,…
THE PERFECT WAY TO GET OUT AND ABOUT AND JOIN THE ARTISTIC ELITE documented in the wonderful “Art London” a new book on the scene. This neat little book is a wonderful guide to all things Art mainly in London. I have been to some of the Art Fairs referred to on page 8 and…
The modern liberalism since 1843, The Economist has been the single most devoted and influential champion of liberalism anywhere in the world. Today, neither economic crisis at home nor permanent warfare abroad, has dimmed the Economist’s belief in unfettered markets, limited government and a free hand for the West. The history of liberalism is on…