Dajia Insurance Group has a registered capital of $2.97 billion. According to a Chinese government document, Beijing has formed a new company called Dajia Insurance Group in order to take over the assets of Anbang Insurance Group. According to a… Read More ›
The United Kingdom should not go out of the European Union without a trade deal, Japan has urged to the two Prime Minister hopefuls Boris Johnson and Jeremy Hunt, when either of them becomes the UK prime minister. That request… Read More ›
China has demanded that the sanctions imposed on the Chinese tech company Huawei by the United States should removed with immediate effect. This demand was made by a spokesman for the country’s commerce ministry on June 27 even as US… Read More ›
According to officials of the finance industry, by 2020, there can be in place a an instant payments system shared by all banks in the euro zone. This would be driven by greater competition being faced by banks from services… Read More ›
According to Paul Shere, CNEX’s spokesman, Huawei’s lawsuit was an effort to acquire “CNEX’s advanced semiconductor technology” through a court action. In a setback to China’s Huawei, a A U.S. has cleared semiconductor designer CNEX Labs Inc of stealing trade… Read More ›
Tesla’s car production is an intensive environment, only the very tough who can meet demanding deadlines can thrive. According to news website, Electrek, Peter Hochholdinger, Tesla Inc’s vice president of production at its Fremont factory, has left the company. The… Read More ›
Bombardier and Mitsubishi have agreed that the latter will purchase Bombardier’s CRJ regional jet program. Details of the deal have not yet been disclosed. In a statement, Mitsubishi said, Bombardier’s trade secrets lawsuit against its aircraft unit has been “stayed”… Read More ›
Employees at the plant can apply for open positions at other sites. In a statement Unilever said, it would be closing its ice cream manufacturing facility in Henderson, Nevada. As a result of this closure, 300 people are likely to… Read More ›
Boris Johnson and rival Jeremy Hunt, have both said they are prepared to take Britain out of the EU without a deal on Oct. 31, 2019, although this is not their preferred option. In a statement, Britain’s car industry warned… Read More ›
“There’s a storm approaching but we don’t know how bad the storm is going to be,” said Glen Kedzie, energy and environmental counsel for the American Trucking Associations. With tough shipping regulations, set by the United Nations shipping agency, the… Read More ›
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