The United States saw “modest to moderate” economic growth from December to January even though the corporate turned out to be less optimistic because of multiple downside risks, said the U.S. Federal Reserve. The economic reports from 12 federal reserve… Read More ›
Day: January 17, 2019
Developing Countries To Note Greater Wealth Growth In Five Years Than Developed Nations
There are some countries that names of which would surprise many when it comes to creation of new millionaires. Even though economic powerhouses like the United States, China and Japan possess the largest proportion of the world’s wealthy, the rates… Read More ›
Siemens-Alstom merger will add competitiveness to the European rail industry
Despite getting the backing of the German and the French government, the deal hangs in the balance on concerns from anti-trust regulators that it could stifle competition in the rail sector. As per sources familiar with the matter at hand,… Read More ›
Britain’s Lotus car to be made in Geely’s new plant in China
Geely is aiming to emulate luxury carmakers whose SUVs have so far done well in the Chinese market. But given that China’s auto-market has shrunk for the first time in two decades as well as low sales in 2018, Geely’s… Read More ›
Bi-partisan bills targeting Chinese companies in non-compliance with U.S. sanctions or export control laws being introduced in the U.S
Headwinds facing Huawei Technologies and ZTE Corp is likely to shoot up to gale force. In a development that comes in the wake of federal prosecutors investigating alleged stealing of trade secrets by Huawei from T-Mobile and other businesses, a… Read More ›