Search Results for: multinationals

Innovation can transform the way we solve the world’s water challenges

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Will SarniFounder and CEO, Water Foundry & Callie StinsonProject Lead, Water Initiative, World Economic Forum From an environmental and social impact perspective, this year has given the world much to worry about. On track to be the fourth […]

China’s cities are rapidly becoming more competitive. Here’s why

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Briony Harris, Formative Content China’s cities are more competitive than in any other region of the world, according to a new report from consultants AT Kearney. The number of Chinese cities included in the 2018 Global Cities Index […]

Girls groomed for suicide missions fight back against the extremists of Lake Chad

This article is brought to you in association with the United Nations. Halima Yakoy Adam won’t forget 22nd December in 2015, the day she was supposed to carry out a suicide bomb attack in the Lac Region town of Bol, 200 km north of N’Djamena, the capital of Chad, in Central Africa. “It was market day […]

Sustainable Infrastructure and Connectivity in the Belt and Road Initiative (BRI): a stimulating China-EU dialogue at European Business Summit 2018

On the first day of the European Business Summit in Brussels and after the enlightening speech by HE Mr Zhang Ming, Ambassador of the Chinese Mission to the European Union, a panel of distinguished EU and Chinese stakeholders discussed about the Sustainable Infrastructure and Connectivity of the Belt and Road Initiative (BRI). The panel discussion […]

5 ways to make your organization a great sustainability partner

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Darian Stibbe, Executive Director, The Partnering Initiative (TPI) & Dave PrescottSenior Associate, The Partnering Initiative (TPI) The vision is clear and compelling: a world in which business prospers, societies thrive and the environment flourishes. Leaders from across all […]

Trump’s MAGA policy remains unchanged as EU warns to impose additional retaliation tariffs on US products

EU threatened the US last Friday with tariff measures on 294 billion dollars of US exports in case Donald Trump’s administration imposes import tariffs on cars and car parts. The US president seems to be doing whatever possible to cause trade wars all over the world. The Old Continent will continue attempting to persuade Mr […]

State aid: Commission finds Luxembourg gave illegal tax benefits to Engie; has to recover around €120 million

This article is brought to you in association with the European Commission. The European Commission has found that Luxembourg allowed two Engie group companies to avoid paying taxes on almost all their profits for about a decade. This is illegal under EU State aid rules because it gives Engie an undue advantage. Luxembourg must now recover […]

Trade wars won’t fix globalization. Here’s why

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Aditi Verghese, Policy Analyst, Investment and Global Value Chains, World Economic Forum & Sean Doherty, Head of International Trade and Investment System Initiave, Member of the Executive Committee, World Economic Forum Geneva The Trump Administration’s announcement in February of […]

How civil society must adapt to survive its greatest challenges

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Silvia Magnoni, Head of Civil Society Communities , World Economic Forum We live in a world of major geopolitical shifts and life-changing technological innovations. It’s fair to wonder, then, what our biggest hopes are for society in the […]

More than one billion people do not have access to electricity. What will it take to get them connected?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Peter LyonsCommunity Lead, Technology, Media, and Digital Industries, World Economic Forum & Frank RayalPartner, Xona Partners The United Nations’ Sustainable Development Goal 7 centres around achieving access to affordable, reliable and sustainable modern energy for all by 2030. […]

Who will win the AI race? If countries work together, then the answer could be all of us

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Dinglong Huang, Co-Founder and Chief Executive Officer, Malong Technologies & Matt Scott, Co-founder & Chief Technology Officer, Malong Technologies “Who do you think will win?” As an artificial intelligence company with co-founders from China and the United States, […]

Trump goes ahead with plan to undo globalization; targets China and EU

Harley-Davidson motor cycles is the first American iconic company to suffer in more than one way from Trump’s action aimed at reversing the world economic order. It’s a matter of fact by now that the ‘America first’ President seems decided to overturn globalization. In doing so, apart from causing global disorder, he will embarrass a […]

Germany to re-invent its security position in Europe and a chaotic world

At the Munich Security Conference of last week, the hottest criticism for the Grand Coalition agreement of Angela Merkel and Martin Schulz, coming from within and without the country was about not spending enough on armaments and security. The American Defense Secretary Jim Mattis focused on that Germany must spend 2% of GDP on defense, […]

Here are five tips to make your message clear in a crowded world

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Tiffany Misrahi, Community Lead, Aviation, Travel & Tourism Industries, Global Leadership Fellow, World Economic Forum LLC We are in a new era of communication, whether we like it or not. The fact that you may be reading this […]

Here are six bold ideas to accelerate sustainable energy innovation

Energy innovation is struggling in a ‘valley of death’ Much has already been achieved in our fight against climate change, both in mitigation and adaptation. Awareness, policy, business, technology and innovation are all improving. However, the impact of climate change is gaining momentum much faster than expected, while the shift from fossil fuels to cleaner […]

This forgotten element could be the key to our green energy future. Here’s why

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Jane Burston, Managing Director, Clean Air Fund We need to scale up existing low-carbon technologies at a much faster rate – otherwise population growth will continue to outpace investment in renewables, and fossil fuels will continue to […]

EU’s Finance Ministers draft plan to raise tax bills of online giants like Google and Amazon

Digital multinationals such as Amazon, Facebook and Google may face higher tax bills in the European Union as a new plan for harmonised tax treatment of online companies has been discussed by EU Finance Ministers on Saturday. French finance minister Bruno Le Maire led the initiative and claimed on Friday nearly one third of EU […]

This forgotten chemical element could be the key to our green energy future

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Jane Burston, Head of Energy and Environment, National Physics Laboratory From the way we power and heat our homes to the fuel we use in our vehicles, the energy sources on which we depend release harmful carbon dioxide […]

America writes-off Iran, blocks Europe’s Tehran talks

While the European Union and more so Germany have being relentlessly working to save the nuclear non-proliferation deal with Iran, last Monday the new US Secretary of State, Mike Pompeo, shattered any opening for negotiations with Tehran. Until Pompeo dropped his bombshell, the EU was discussing a new pact with Iran, on the basis of […]

EU and U.S. castigate Facebook on Cambridge Analytica scandal as citizens’ data privacy goes down the drain again

Last Monday, the European Commission sent a letter to Facebook asking whether EU citizens were involved in the Cambridge Analytica scandal. The EU is taking the turn from U.S. which has already opened an investigation to find out how Facebook permitted data breach of 50 million users. Facebook has been experiencing fierceful attacks both by […]

The EU Commission approves UTC’s acquisition of Rockwell Collins under conditions

A geared turbofan at Pratt & Whitney's production hub in West Palm Beach (copyright: Pratt & Whitney - a UTC Company- 2018; Source: Pratt & Whitney's website, media center)Last week, the European Commission approved, under the EU Merger Regulation, the acquisition of Rockwell Collins by United Technologies Corporation (UTC) in the aerospace sector. The EU watchdog clarified that the decision is conditional to the divestment by UTC of businesses in actuators, pilot controls, ice protection and oxygen systems, which is something that UTC has […]

India is a latecomer to AI. Here’s how it plans to catch up

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Utkarsh Amitabh, Founder, Network Capital (Mentors Across Borders) “The development of full artificial intelligence could spell the end of the human race”, Stephen Hawking famously said. I don’t know whether Hawking will be proven right or wrong. But […]

Mainland Europe adopts Germanic cartel business patterns

As in VW’s diesel engines emissions scandal, in the case of Estonia’s half banking system working as mafia’s financiers, it was the Americans to unveil the wrongdoings. Is it by chance or the Europeans are looking the other way, when it comes to their own dirty laundry? Those calculated frame ups are not only meant […]

Hungary and Ireland build front to say no to EU tax harmonisation plan

Viktor Orbán, Hungarian Prime Minister, at a 2015 event in Brussels, Berlaymont. (Copyright: European Union , 2015; Source: EC - Audiovisual Service; Photo: Lieven Creemers)After last week, any effort from the European Union to harmonize corporate tax rules across the bloc will have to deal with a new opposition front. Last Thursday, Prime Ministers from Hungary and Ireland met separately in Budapest and expressed a firm rejection to any plan from Brussels to finetune regional tax regulations, saying that […]

IMF: The near-term outlook for the U.S. economy is one of strong growth and job creation

This article is brought to you in association with the International Monetary Fund. It has being released by IMF’s Communications Department IMF Staff Concluding Statement of the 2018 Article IV Mission for the United States of America A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most […]

France-Germany: Divided in Europe, USA united in…Iran

Last Tuesday afternoon the President of ‘America first’ Donald Trump withdrew the US from the Nuclear non-Proliferation Agreement with Iran. The deal is known as P5+1 and was co-signed by the US, France, Britain, Germany, Russia and China. There is no information regarding when the US is to re-introduce its economic sanctions against Iran, and […]

Is Germany closer to Russia than the West? Nord Stream II and Iran count more

Last Friday, Angela Merkel, the German Chancellor, rushed to Sochi, the Black Sea seaside Russian resort to meet Vladimir Putin. It was the first visit by a Western leader to meet him at home, after his fourth inauguration on 7 May as President of the vast country, this time for six more years. Looking through […]

Working Muslim women are a trillion-dollar market

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Saadia Zahidi, Head of Social and Economic Agendas, Member of Executive Committee, World Economic Forum Geneva. The views expressed in this article belong to the author and not necessarily to The European Sting, An unprecedented migration of women, particularly […]

The EU clears Bayer-Monsanto merger amid wide competition and environmental concerns

Bayer’s cross at night (Copyright: Bayer AG)Last week, the European Union formally gave its approval to Germany multinational company Bayer’s $62.5 billion acquisition of US-based Monsanto. Bayer AG, leader in the chemical and pharmaceutical industry, got one step closer to take over the world’s largest seed company, after agreeing to bolster BASF SE by selling to it seeds, pesticides and digital […]

A neo-liberal toll free Paradise for the super rich and tax hell for wage earners

Despite the hullaballoo in main stream media about Queen Elizabeth’s investments in tax-havens and the implication of the US Trade Secretary Wilbur Ross in a Russia related offshore firm, the shocking revelation in the Paradise Papers is that London appears as the largest money washing machine of the world. The biggest single disclosure is that […]

We need a new Operating System for the Fourth Industrial Revolution

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Murat Sönmez, Head of the World Economic Forum Center for the Fourth Industrial Revolution. Society’s operating system needs an upgrade. The model we have been using is simply not up to the challenges of the Fourth Industrial Revolution. […]

EU to give more power to national antitrust authorities in a bid to secure regulatory fines

Last week, the European Commission has proposed a new set of rules to give national antitrust authorities more power and resources against anti-competitive practices. The proposed rules, which followed a public consultation that was launched last year, are intended to make the bloc’s national competition agencies more autonomous but also more reactive against multinational firms […]
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