Deutsche Bank agrees to pay $ 7.2 billion as penalty to U.S. authorities over an investigation into mortgage-backed securities In Q3 16, U.K. GDP grew by 0.6%, suggesting no change in economy pace following the referendum Unilever enters into air purifying business by acquiring Blueair, Stockholm based company with an annual turnover of $106 million in 2015 Bitcoin virtual currency value has hit a three-year high with each one now worth about $900 in last week of December 2016 Tesla removes ‘autopilot’ label from its product after a car crash in China After losing about $1 billion in volume, Macy’s to close 100 of its department stores by 2017 Italian government approved 20 billion-euro ($21-billion U.S.) to bail out Monte dei Paschi di Siena after the world’s oldest bank failed to win investor backing for a desperately needed capital increase Helsinki, NOKIA might sail in troubled water over a legal battle with Apple Inc. for delayed royalty payments China’s economic growth is projected to dip again next year to 6.5 per cent, slowest in more than 25 years, down from expected growth of around 6.7 per cent for 2016

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Procurement is often the part of company’s strategy acting as the ability to purchase certain materials (including raw materials or finished products) to ascertain operation without..


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