Under the WTO’s dispute settlement process, holding consultations is the first step. It is not clear whether the U.S. will agree to such a request. As per a source in the Japanese government with direct knowledge of the matter at… Read More ›
Day: June 14, 2018
Rolls Royce to further streamline business, save $536 million by 2020
Rolls Royce’s aeronautical engine business, its biggest cash cow, is facing severe issues resulting in the grounding of planes. On Thursday, British engineering firm Rolls-Royce disclosed it would be cutting 4,600 jobs primarily from the UK as part of a… Read More ›
Carlos Ghosn, Renault SA’s CEO, to step down before the end of his term
Carlos Ghosn will continue to be the CEO and chairman of the Renault-Nissan-Mitsubishi alliance. On Thursday, as per a report from the Financial Times, Renault SA’s CEO Carlos Ghosn is likely to step down from the post before the end… Read More ›
Comcast places $65 billion in it bid for Fox Inc’s media assets
Comcast’s all cash offer may not go down well with Fox’s biggest shareholder, the Murdoch family, since accepting the deal would force it to potentially pay a multi-billion dollar capital gains tax. In a move that has essentially sparked a… Read More ›
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