The furniture market and the industry in the United States has been badly hit by the imposition of import tariffs – and which was subsequently increased from 10% to 25% earlier this month, on Chinese goods which also included imported… Read More ›
Month: May 2019
Germany Will Lose Access To Information If It Uses Huawei, US Warns
United States Secretary of State Mike Pompeo said on Friday that countries that would create the next-generation mobile networks, such as those made by China’s Huawei – which the US considers to be threat to its national security, would no… Read More ›
China Preparing Its Own ‘Blacklist’ Of Foreign Firms, Escalating Trade War
China is apparently escalating the its trade war with the United States with its Commerce Ministry declaring that it is preparing a list of foreign companies, individuals and organization that it feel are “unreliable”. This move by the Chinese authorities… Read More ›
Mexican senate to hold special session to ratify USMCA trade deal ‘soon’
Both, Canada and Mexico are pushing to get the USMCA trade agreement ratified before the U.S. enters into poll mode ahead of the 2020 Presidential elections. At a news briefing, Mexican President Andres Manuel Lopez Obrador stated, the government will… Read More ›
CBS Corp preparing merger talks with Viacom Inc: CNBC
Merger talks are likely to begin in mid-June. According to a CNBC report citing sources familiar with the matter at hand, the board of CBS Corp is preparing for merger talks with Viacom Inc. The merger talks between the two… Read More ›
U.S. faring well in U.S.-China trade talks: Trump
Enforceability is going to be critical to any potential future trade deal. U.S. President Donald Trump disclosed, the United States was doing well in trade talks with China and that Beijing wants to make a deal with Washington. “China would… Read More ›
Barclays Says Apple Will Make Limited Design Changes To iPhones This Year
Semiconductor analysts at Barclays claimed that compared to the designs of iPhones last that were launched by Apple last year, there would be limited changes in design by the company in the current year. A third camera lens on the… Read More ›
Possible FCA-Renault Merger To Face Challenges To Pledge Cost Cuts
According to reports quoting auto industry veterans, there are some challenges to the plans of Fiat Chrysler and Renault to generate significant cost savings from a possible merger because of the long product cycles of the industry and the issues… Read More ›
Pentagon Wants More Funds To Reduce Dependency On China For Critical Rare Earth Minerals
The dominant position of China in the global supply chain of rare earth minerals is a cause of worry for the security establishment of the United States and its security body Pentagon said that it is important to reduce the… Read More ›
Focusing On Development Of Hybrid Cars
Luxury car maker Ferrari has unveiled a different from of luxury car compared to the typical ones that people generally associate with the company. This is powered by electricity, makes very little noise and yet can reach top speeds of… Read More ›