While Michel Barnier garbed the warning saying the EU must be ready for any eventuality, it comes in the wake of British Prime Minister Theresa May saying a no-deal “wouldn’t be the end of the world”. Although her comments were… Read More ›
Month: August 2018
Select countries get relief from U.S. tariff hikes for aluminum and steel
The U.S. Commerce Department has stated Trump has signed proclamations permitting relief from U.S. tariffs on aluminum and steel for a select few countries. As per the U.S. Commerce Department, U.S. President Donald Trump has signed proclamations which permit targeted… Read More ›
China’s Fosun To Continue With Overseas Deals Despite Trade War
Following its emergence from the scrutiny of Chinese regulators over debt-fuelled shopping abroad by Chinese conglomerates, the Chinese firm Fosun International claimed that it still plans to conduct overseas acquisitions. The firm announced that the planned acquisitions would be targeted… Read More ›
Facebook Removes Accounts Of Top Myanmar Military Men After UN Report Of Rohingya Genocide
Facebook has been impacted by a United Nations report that claimed that the genocide to cleanse the country of the Rohingya minority community was brutally carried out by the military of Myanmar and the report also identified and named some… Read More ›
Deutsche Bank to maintain global presence
Christian Sewing has made it lucidly clear to investors that Deutsche Bank will maintain its global presence and support its customer’s global businesses. On Wednesday, Deutsche Bank’s CEO Christian Sewing told a banking conference that Germany’s biggest lender will stick… Read More ›
Indonesia and Australia set to announcement completion of negotiations for CEPA this Friday
The completion of negotiations for Comprehensive Economic Partnership Agreement (CEPA) is set to be announced this Friday following a visit by Australian Prime Minister Scott Morrison to the Indonesia. As per an official from Indonesia’s foreign ministry, President Joko Widodo… Read More ›
Zhejiang Geely Holding Group Co to augment capacity of its Ningbo plant by 250,000
The capacity increase assumes significance since it ramps up production volumes as well as adds bigger cars to Geely’s product basket. According to two sources familiar with the matter at hand, China’s Geely is putting in place a new auto… Read More ›
Hewlett Packard Enterprise appoints Tarek Robbiati as its CFO
Tarek Robbiati succeeds Tim Stonesifer who played a significant role in the breakup of HPE from Hewlett-Packard Co, in 2015. Hewlett Packard Enterprise has appointed Tarek Robbiati, the former Chief Financial Officer at Sprint Corp as its new CFO. With… Read More ›
Tesla Could Be A Bad Bet From An Investor Point Of View
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 ›
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 ›
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