The Swiss group’s revelation of a US$100m loss at its South Korean subsidiary could be just one example of “a ticking time bomb”, claims Bottomline Technologies.
Effective supply chains depend on the strength and versatility of every participant. How can this be achieved in today’s testing business environment?
Falling world shipping rates, which pushed Korea’s Hanjin Shipping into bankruptcy last August, have resulted in hefty bad shipping loans for Germany’s banks.
Trade finance fraud has claimed some high-profile victims, including major Chinese banks. However, the elimination of paper-based documentation should reduce the ability of the scammers to strike.
Global infrastructure projects attracted a record US$413bn of investment in 2016, driven higher by aggregate transaction value of $131bn in Asia.
The UK aerospace group agreed a settlement with authorities in the US, US and Brazil.
The complexity and speed of change of emerging risk exposures are placing greater attention on the effectiveness of enterprise risk management (ERM) ... read more
Global fines relating to anti-cartel activity rose by 28% last year, with the EU pushing the figure higher.
The composite purchasing managers’ index (PMI) issued by IHS Markit last month showed its strongest performance since summer 2011.
The motor giant said it will instead add 700 jobs to its existing Michigan factory, following criticism by US president-elect Donald Trump.