The remotely piloted aircraft, made by U.S.-based Northrop Grumman Corp, will beef up the country’s long range operations, marine patrols and intelligence gathering. On Tuesday, Australian Prime Minister Malcolm Turnbull stated, Australia will purchase 6 U.S. Triton remotely piloted aircraft… Read More ›
Month: June 2018
Demand for LNG to outpace crude oil in the next 2 decades
France’s Total SA, a big player in the global LNG market, is positioning itself strategically across the length of the LNG supply chain – from production, liquefaction to shipping and sales, to reap the growing bounty. The global natural gas… Read More ›
Brexit Is Hurting The UK Following Two Years Of The Referendum
Between the intervening time period from the third quarter of 2016, the time soon after the Brexit referendum, and the first quarter of 2018, there has been a loss of £35 billion ($46 billion) in output in the UK economy… Read More ›
‘Historic’ Debt Relief Deal Hailed By Greece
The long-awaited debt relief deal for Greece to which the Eurozone countries have agreed to has been hailed as “historic”. The deal enhances the grace period for which Greece will pay little or no interest and also allows Athens greater… Read More ›
Sino-U.S. Trade Was Is Actually A ‘Tech War’, Claims Foxconn
Describing the trade tensions between the United States and China as the biggest challenge the Taiwanese company Foxconn is facing, the world’s largest electronics contract manufacturer has said that the two countries ate are engaged in a technology war and… Read More ›
‘Negative’ Brexit Impact A Threat For Future Of Airbus In UK
Airbus has warned the UK government about the “severe negative consequences” of Brexit which could force the aerospace giant to exit Britain. The government has said that it will hold discussions with the company. It has been two years that… Read More ›
Law and Justice (PiS) party’s musical chair of CEOs places Poland’s stock market at greater risks
By far the largest beneficiary of EU’s funds, PiS’ management of state run corporates have investors running for cover. With Poland’s ruling party making a flurry of changes in the leadership of state-controlled enterprises, the country’s stock exchange, that beat… Read More ›
Trade tensions keeping FX market in a boil
Investor appetite in commodity-linked currencies is thin midst the series of body blows from the U.S. that is acting as shock waves to global trade. On Monday, a rally in the Euro gave way to the dollar, which edged up,… Read More ›
SEC completes investigation into Toshiba’s past accounting practices, no fines levied
This brings a closure to Toshiba’s 2015 accounting scandal. On Monday, is what is likely to be a huge sign of relief for Japan’s Toshiba Corp, the conglomerate disclosed that the U.S Securities and Exchange Commission (SEC) had completed its… Read More ›
Softening Stance Of Iran Raises Hope Of Opec Raising Oil Output
For Saudi Arabia and non-OPEC Russia, it has almost become a near-consensus proposal that oil production would be increased by about 1 million bpd, or around 1% of the global oil supply. Apparently, Saudi Arabia has been able to convince… Read More ›