A clearer picture has emerged of what the negotiations between the European Union and the U.K. could look like and what a so-called could Brexit mean for the country after fresh new faces arrived at the nucleus of British politics…. Read More ›
Day: July 14, 2016
Most Oil Since 2009 Amassed by North Sea Fleet as Traders Hoard
In what is being described as the latest sign of faltering demand that has triggered the biggest build up of stockpiles at sea since 2009, oil traders increased the fleet of ships deployed in the North Sea to store crude…. Read More ›
GM’s liabilities could snowball from an onslaught of lawsuits
The ruling by the 2nd U.S. Circuit Court of Appeals is likely to open the gates to more lawsuits arising out of its faulty ignition switch. A federal appeals court has ruled in General Motor’s case that its filing of… Read More ›
Tesla allows market forces to determine buyback value
Its guaranteed buyback program has come to an end. Tesla Motors Inc has disclosed that it has ended its program that guaranteed the resale value of its cars. This move comes in the wake of Tesla lowering the price of… Read More ›
EU to grant market economy status to China
China overcapacity is a reason for concern though. Despite being concerned over China’s overcapacity, according to a senior European Commission, the European Union will go ahead and grant China market economy status which will boost trade ties between the two…. Read More ›
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