Airbus has yet to find any suppliers in its global supply chain who’s affected by the Kobe Steel scandal. As per a spokesman from Airbus, although the company does not source its products directly from Japan’s Kobe Steel, nevertheless, it… Read More ›
Month: October 2017
EU extends helping hands to May firming her position of leadership in the British government
Here is how EU’s leaders plan on breaking the deadlock in the Brexit negotiations. Leaders from the European Union may extend an olive branch to British Prime Minister Theresa May in the deadlocked Brexit negotiations next week. The move could… Read More ›
South Korea and China extend currency swap deal for another 3 years
The deal puts in place a system to tackle a shortfall of cash in case of any emergency and adds to existing financial safety nets. On Friday, South Korea stated it has agreed to extend a currency swap deal, which… Read More ›
Boeing 777 and 787 Dreamliners use Kobe Steel’s falsely certified products
Boeing, the world’s biggest maker of passenger jets, is investigating how the false certification will impact its aircrafts. As for aluminum composites, although Boeing does not source them directly from Kobe Steels, its key Japanese suppliers, including Mitsubishi Heavy Industries,… Read More ›
How Alibaba Was Helped To Become An E-Commerce Giant By Jack Ma’s Foresight
It’s best to prepare early if there’s a change coming, believes Alibaba Executive Chairman Jackc Ma. Fending off competition on its home turf from online marketplace eBay well in its early days, that philosophy served Alibaba, now a Chinese e-commerce behemoth. “When we see… Read More ›
IMF Warns That Global Economic Recovery May Not Last
Despite a pickup in activity in all western countries except the UK, the global economy’s recent recovery may not last, the International Monetary Fund has said. By the booming markets and policymakers needed to guard against complacency, there was a… Read More ›
Chinese exports of aluminum foil feel the pinch following U.S. trade action
China has countered the U.S. trade move by saying they are not in synch with existing WTO rules. On Thursday, Gao Feng, the spokesperson from China Ministry of Commerce, stated that the trade rules created by the European Union against… Read More ›
U.S. President Donald Trump nominates Barry Myers as the head of National Oceanic and Atmospheric Administration (NOAA)
Oppositions to Barry Myers’ nomination stem from the fact that in 2005, AccuWeather working with then-Senator Rick Santorum had backed, unsuccessfully, a proposal that would have limited dissemination of National Weather Service forecasts on websites. If it would have gone… Read More ›
Trump Administration proposes John Rood as the undersecretary of defense for policy
His past experience includes working as an analyst in the CIA for 11 years tracking missiles programs in foreign countries. The White House has disclosed President Donald Trump plans on naming a senior executive from Lockheed Martin Corp as the… Read More ›
NAFTA and its implications for U.S. & Mexican businesses
Here’s how the Trump Administration protectionism could impact the North American economy as a whole. Here’s how protectionism is relevant in an increasingly inter-connected world economy. According to Business leaders attending the U.S. – Mexico CEO conference whose agenda focuses… Read More ›