There have been very few other companies that have evoked as much wide ranging predictions as Tesla Inc. Uncertainty about the company had been spread by its founder and CEO Elon Musk himself by first promising production targets unilaterally and… Read More ›
Day: August 28, 2018
US-Mexico Trade Deal Could Give Fuel To Trump To Carry On China Trade War
The new free trade agreement between the United States and Mexico that was struck by the two countries and announced by the US president Donald Trump on Monday has the potential to put the US president in a better standing… Read More ›
A New Report Says Turkey Likely To Face Severe Credit Crunch
A new research claims that a severe credit crunch is staring at the face of the Turkish economy in addition to the country’s currency woes. A recent report from the Washington D.C.-based Institute of International Finance (IIF) claims that the… Read More ›
Survey Reveals Concerns Among German, U.S. Firms In Spite Of Trump-Junker Truce
According to a most recent survey conducted to gauge the mood and sentiment of businesses sin the US and Germany, there are serious doubt in the minds of almost three out of four firms that are currently operational in Germany… Read More ›
China to adopt stricter intellectual property rights: Premier Li
He will be replaced by Michael Heuer, Roche’s regional head of Europe, the Middle East, Africa, and Latin America, until a permanent replacement is found. On Tuesday, Roche disclosed, Roland Diggelmann the head of its diagnostics division will be leaving… Read More ›
WEKO stands by legality of service-after-sales agreements
Basing itself on the conclusions drawn an EU court, the Swiss competition authority has made it clear that such agreements are not indicative of an abuse of market dominance nor were they considered as unacceptable. On Tuesday, WEKO, the… Read More ›
U.S. trade sanctions on Turkey could destabilise the Middle East: Turkish Finance Minister Berat Albayrak
Although the Turkish lira has continued to weaken, it has stepped back from yesterday’s 6.1200 against the dollar as of 0435 GMT. On Tuesday, the Turkish lira weakened further as investors weighed up Turkey’s efforts to handle its rift with… Read More ›
China’s Central Bank moves to support the falling renminbi
The move by the People’s Bank of China (PBOC) is largely aimed at supporting the currency rather than reverse its trajectory. Market watchers expect the central bank to stick to this policy as long as the trade war with the… Read More ›