After years of undercutting rivals with cheaper costs, China’s factories may be on the cusp of delivering a new shock to the global economy. Increases in prices could reverberate around the world this time. Now caught in a squeeze between… Read More ›
Day: October 31, 2016
In Bad Sign for BOJ Target, Japan Industrial Output Stalls, Retail Sales Miss
In a worrying sign that the economy may be losing some momentum due to weak consumer spending and exports, Japan’s industrial output stalled in September. Providing further evidence that private consumption remains a drag on growth, separate data showed retail… Read More ›
Working with Panasonic, Toyota gains expertise in lithium-ion battery technology
The ability to monitor the individual battery cell conditions is fast becoming a key metric, as a closely-held trade secret, which can provide strategic depth and a competitive advantage to companies in the looming transportation sector which is set to… Read More ›
Hilton Worldwide Holding’s 3-way split could boost revenues by 25%
Facing stalling travel plans from consumers, the group’s earnings have been revised downwards 3 times in a row. According to a report from Barron’s the shares of Hilton Worldwide Holdings Inc. could shoot up by a minimum of 25% if… Read More ›
GE set to acquire Baker Hughes for ~$30 billion
The deal could help redefine Baker Hughes following its failed merger with Halliburton. The Wall Street Journal has reported citing sources familiar with the matter at hand, General Electric Co is close to sealing a nearly $30 billion to merge… Read More ›