Youngman bids for Saab

Chinese carmaker Zhejiang Youngman Lotus Automobile has made a 3 billion crowns ($ 446 million) offer for bankrupt Swedish group Saab which has drawn a cool response from receivers. The receivers want bids for parts of Saab rather than the whole business as that would...
Credit Risk In Most Countries

Credit Risk In Most Countries

The situation of companies in the construction sector closely reflects the world, regional and national economic trends. At a time when the world economy is characterized by divergences between countries, with a recession in the euro zone, there are significant...

Tourism sector to boost the economy

Pretoria – The National Tourism Sector Strategy (NTSS) seeks to increase tourism’s total direct and indirect contribution to the economy to R499 billion by 2020 said Tourism Deputy Minister Tokozile Xasa. Through the NTSS, said Xasa, the tourism sector is...
EU leaders struggle

EU leaders struggle

European leaders struggled to reconcile austerity with growth on Monday at a summit due to approve a permanent rescue fund for the euro zone and put finishing touches to a German-driven pact for stricter budget discipline. Officially, the half-day summit was meant to...

Green is the new black

To be green or not to be. The latter option seems not to be valid anymore as people are getting more and more conscious of environmental values and they have an impact on their everyday decisions. It’s a trend also in business travel as companies are more often...