Having met its targeted inflation level of 2%, Japan’s central bank has stated it would end its loose monetary policy. In an interview to Bloomberg, Haruhiko Kuroda, the Governor of the Japan’s central bank stated, the Bank of Japan is… Read More ›
Month: October 2018
Indigo Airlines eyes purchase of Airbus A330neo or Boeing 787 midst expanding market
With IndiGo set to increase its footprint to international destinations, the Indian carrier is likely to purchase either an Airbus A330neo or Boeing 787. Indian budget airlines IndiGo disclosed, it was holding talks with aircraft manufacturers on adding wide-bodied aircraft… Read More ›
Britain needs a new approach towards Brexit: Iain Duncan Smith
Former British lawmaker Iain Duncan Smith on Theresa May’s Brexit strategy. Iain Duncan Smith, a former leader of Britain’s Conservative Party who is a Eurosceptic stated, the party does not need a leadership to bridge the deep divide over the… Read More ›
Global Auto Companies Hit By Slowing China Sale
The performance of vehicle manufacturing companies throughout the world is being affected by the slowdown in the Chinese market of auto sales in the month of September. Data from multiple sources show that there was a 11.6 per cent drop… Read More ›
Saudi Arabia’s Economic Dreams Threatened By Business Backlash Over Khashoggi Issue
It was about a year ago that the Crown Prince of Saudi Arabia Mohammed bin Salman pledged before a host of prominent foreign investors with going ahead with his plans for the transformation of the kingdom’s economy ad drive the… Read More ›
US Federal Reserve Is ‘Out Of Control’, Says President Trump
US President Donald Trump gas continued salvo against the US central banker the Federal Reserve and called the institution “out of control” and “far too stringent”. While saying that he was not considering removing Fed chairman Jay Powell, but he… Read More ›
Journalist Disappearance Issue Forces Business Backlash On Saudi Arabia
Those business and media firms that once supported Saudi Arabia’s Crown Prince Mohammed bin Salman have now turned against the kingdom over the alleged disappearance of journalist Jamal Khashoggi. Major partnerships have been put at risk and a major conference… Read More ›
JV For Creating Interactive Storytelling Announced By Walmart And Eko
Walmart Inc is venturing into the business interactive video technology with a strategic partnership with Eko. Through this joint venture, Walmart intends to engage in the development of original, interactive content which would help Walmart to better connect with its… Read More ›
BMW To Increase Stake In Chinese JV Due To Relaxed FDI Norms In Auto Sector
BMW will be among the first foreign auto makers to take advantage of the relaxed ownership norms in China and the relaxation in investment restrictions – aimed to provide more control to foreign companies in the largest auto market of… Read More ›
Tesla’s Major Shareholder Invests In Chinese Rival, Shares Fall
There was another bit of bad news for US based electric car maker on Wednesday after reports revealed that its Chinese rival electric car maker Nio has received investments from Tesla’s one of the largest shareholders – Baillie Gifford. The… Read More ›
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