Airbus is continuing to overhaul its top management. On Wednesday, in efforts aimed at stabilizing its financial and operational pillars, Airbus named Dominik Asam as its next chief financial officer (CFO). Asam will replace Harald Wihelm, who has plans on… Read More ›
South Korea is witnessing a rise in passenger footfalls in international routes. South Korea’s biggest low-cost airline Jeju Air Co Ltd stated, it plans on purchasing 40 Boeing 737 Max 8 airplanes worth $4.4 billion at list prices. The deal… Read More ›
America is not benefitting from the trade tariffs it imposed on China – at least in terms of the destination of the companies that are leaving the second largest economy of the world because of the tariffs pressures. Products made… Read More ›
If there is evidence that indicates that the government of Saudi Arabia was involved in the murder of the Saudi journalist Jamal Khashoggi, the United Kingdom is ready to impose sanctions against the Kingdom, UK’s foreign office told the media… Read More ›
The contract revolves around the sale of a Global Hawk to Japan. As per a statement from the Pentagon, Northrop Grumman Corp has been awarded a $490 million U.S. defense contract for the sale of a Global Hawk unmanned surveillance… Read More ›
Carlos Ghosn is suspected to have under reported his income in his tax filings. Carlos Ghosn, Chairman of Nissan Motor Co Ltd has been arrested by prosecutors from Tokyo for alleged violation of Japan’s financial instruments and exchange act. As… Read More ›
May’s deal focusses on a key issue, the immigration system, which was a significant factor in the Brexit referendum. Facing dissenters from within her own party, British Prime Minister Theresa May has scrambled to win support from business leaders for… Read More ›
A news report published in The Wall Street Journal claims that orders for the newest of the iPhones is being curtained by Apple Inc. The report cited sources who claimed that this was because of weaker than expected demand for… Read More ›
Following allegations of some serious offences and misconduct which had violated Japanese financial trading law, Japanese car maker Nissan is set to ouster its Chairman Carlos Ghosn from his position as the chairman of the company after being recommended by… Read More ›
There has been an increase of pressure on the Facebook CEO Mark Zukerberg to resign from his position by its investors following a news report published in the New York Times where it has been alleged that the largest social… Read More ›
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