Tax efficient ways to attract inward investment into your business

Making the most of tax advantageous venture capital schemes to attract business investmentThe UK has attractive start-up investment tax relief schemes, including the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS). These provide investors with up to 80% protection, taken as a tax relief on your income tax bill, against...

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Developing Sustainable Competitive Strategy paramount to long-term growth for Takaful operators

Exclusive Leaders’ Perspective Panel at the 13th World Takaful Conference to focus on the need for Takaful operators to revamp current strategies with the aim of increasing dwindling profit margins.Middle East Global Advisors, a leading financial intelligence platform facilitating the development of knowledge-based economies in the MENASEA markets,...

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Piercing the Corporate Veil

The Pensions Regulator (TPR) has attempted to flex its muscles by raising public concerns about the hostile bid for British engineering firm GKN by US company Melrose. Though whether it will actually do more and throw a regulatory punch is yet to be seen.TPR said it is “concerned that the increased leverage involved in the proposed takeover by Melrose...

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Dubai International Financial Centre joins the world’s most influential global Takaful forum

In the midst of recent regulatory and economic developments, over 300 industry leaders are expected to congregate at the 13th World Takaful Conference in Dubai this April that will feature keynote addresses by H.E. Ebrahim Obaid Al Zaabi, Director General, U.A.E. Insurance Authority (IA) and Abdulla Mohammed Al Awar, CEO, Dubai Islamic Economy Development...

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Director General of Insurance Authority (IA) inaugurates world's largest Takaful forum

Over 300 Takaful and Technology Leaders converged at the 13th edition of the World Takaful Conference with the aim of fostering industry-wide collaborationThis morning, a packed audience of over 300 key industry leaders gathered from various MENASEA markets, witnessed critical insights unfold at the 13th edition of the World Takaful Conference (WTC)....

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Automation

Quick Shift: Uber dodges driver privacy lawsuit

The driver argued the program reduced his income, but failed to convince the judge it violated the relevant laws he cited.Read More

Ford puts huge ad account up for review

Ford, citing the need for "greater marketing efficiency, effectiveness and customer insight," while leveraging the "latest tools and technology," placed its global creative advertising account led by WPP under review.Read More

Porsche's head of powertrain development arrested

German police arrested the head of powertrain development at Porsche in connection with parent Volkswagen Group's sweeping diesel emissions violations.Read More

Don't expect big shift in U.S. exports with Korea trade deal

Under a revised trade pact with the U.S., Korea will double the annual quota for U.S. light-vehicle imports to 50,000 per Detroit 3 automaker, recognize U.S. safety standards and reduce red tape associated with emissions compliance.Read More

AutoNews Now: 54 years of Mustang mania

54 years of Mustang mania; As buyers go big, auto loans go long; Wells Fargo fined $1B; Porsche exec arrested; No deal at GM Korea; Job cuts at Nissan, Opel?Read More

PSA seeks 3,700 Opel job cuts in Germany, labor chief says

PSA wants 3,700 job cuts at Opel in Germany by 2020 and a process of contract buyouts and early retirement has already resulted in a reduction of about 2,000 positions, Opel's labor chief said.Read More

Top Porsche engineer said to be arrested over VW emissions-rigging

German police have arrested Porsche's powertrain development boss, Joerg Kerner, in connection with parent VW Group's diesel scandal, sources said. Porsche management board member Michael Steiner is also under investigation, a report said.Read More

Tesla subcontractor's busted jaw triggered safety probe

Days before Tesla defended its safety record this week, California began inspecting an incident involving a subcontractor who was hospitalized after a piece of factory equipment broke his jaw.Read More

At Nissan-Renault, the hunt for an 'irreversible,' sustainable future

The alliance between Renault and Nissan needs to come up with a sustainable plan -- something "irreversible" -- for a future when Carlos Ghosn is no longer around as chairman to guide the partnership, the top executive says.Read More

Nissan to launch 8 electrified vehicles in Japan by 2022

Nissan aims to stoke sales in Japan by launching eight electrified vehicles and overhauling its dealer network over the next five years.Read More

PSA wants 3,700 Opel job cuts in Germany, labor chief says

PSA wants 3,700 job cuts at Opel in Germany by 2020 and a process of contract buyouts and early retirement has already resulted in a reduction of about 2,000 positions, Opel's labor chief said.Read More

Nissan will cut jobs at UK plant as diesel demand slides, report says

Nissan will cut hundreds of jobs at its factory in Sunderland, England, as it tackles declining demand for diesel models across Europe, Reuters reported.Read More

German politics split over diesel refit burden

The question of how to deal with the fall-out from VW Group's diesel scandal continues to divide the German political class as transport minister Andreas Scheuer urges automakers to inform him how they plan to complete software upgrades on diesel...Read More

First Shift: Nissan embarks on EV push, retail overhaul

Nissan EV push, retail overhaul; Ghosn's 'irreversible' quest; VW Canada settlement; Chrysler, Lexus win in Texas; Barra among 'Greatest Leaders'; Hyundai showcases NFL prospects.Read More

VW's $229M settlement with owners of 3.0-liter diesels cleared by Canada judge

An Ontario judge approved a settlement worth up to $229 million with about 20,000 owners of 3.0-liter VW, Audi and Porsche diesel vehicles in Canada affected by VW's emissions violations.Read More

Vattenfall joins battle for EV charging market dominance

Swedish utility Vattenfall has launched plans to become northwestern Europe's biggest operator of EV charging infrastructure within five years.Read More

Chairman Mao's limousine may be revived with help from an EV startup

China's FAW, the automaker that developed the "Red Flag" limousine for Chairman Mao Zedong six decades ago, is working with a local EV company led by former BMW managers to revive the brand.Read More

Opel labor leaders fear Eisenach plant work force could halve

German labor leaders fear Opel's Eisenach factory could lose half its 1,800-person work force unless a deal with owner PSA is struck.Read More

Porsche's head of powertrain development arrested, report says

German police arrested the head of powertrain development at Volkswagen's Porsche business and he is being held on remand as he was seen as a flight risk, Reuters reported, citing a person familiar with the matter.Read More

Suppliers to the new Nissan Micra

Assembly of the fifth-generation Nissan Micra began in December 2016 at alliance partner Renault's plant in Fins, France. Output peaked at more than 106,000 units in 2017, according to IHS Markit.Read More