Britain’s central bank will have to double down on its monitoring of the British economy so as to minimize any potential impact from Brexit. On Tuesday, Andy Haldane, Bank of England’s Chief Economist stated, given the economic prospects facing the… Read More ›
With Boris Johnson emerging as Britain;s next Prime Minister, he will have just over 3 months to deliver on Brexit. On Tuesday, Goldman Sachs raised its estimate of Brexit from 35% to 40% saying the “hurdle” to stop a hard… Read More ›
Smaller businesses and companies in the United States would now be allowed to use the Alibaba.com e-commerce platform, the Chinese e-commerce giant Alibaba Group Holdings Ltd has announced. Analysts view this measure by Alibaba to be an effort by it… Read More ›
The current rate of taxation on American wine – post the latest retaliatory tariff imposed by China on United States products is as high as 93 per cent. This extremely high rate of import tariff has put the product out… Read More ›
The development is aimed at reducing the cost of developing affordable electric self-driving cars. On Tuesday, in a development that marks Beijing Automotive Group Co Ltd (BAIC) further cementing its relationship with German carmaker Daimler, the Chinese company has purchased… Read More ›
The plant, which currently modifies vehicles for police use, will be upgraded and the existing work will be transferred to a nearby facility. 450 jobs will be created by this move. In a statement Ford Motor Co said, it would… Read More ›
In the last 7 years Blackstone invested around $1.5 billion into the alliance. As of Friday’s close, its 58% stake in the alliance is worth $8.7 billion. According to sources familiar with the matter at hand, Blackstone Group Inc is… Read More ›
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