The Indian auto industry makes up almost half of the manufacturing output of India and it is facing a slowdown that has not been seen in the past almost one decade. Sale of vehicles has fallen sharply wand there are… Read More ›
Month: August 2019
Trump’s Latest Tariffs Will Be Retaliated Adequately, Says China
The sudden decision by United States president Donald Trump to impose a 10 per cent import tariffs on the remaining $300 billion of Chinese imports into the country will be fought back by China, authorities said on Friday. The sudden… Read More ›
Boris Johnson’s wafer-thin majority now on a sticky wicket
pro-European Union Liberal Democrats have won a parliamentary seat from Brecon and Radnoshire. On Friday, In a development that marks the first blow to British Prime Minister Boris Johnson after taking office, Britain’s pro-European Union Liberal Democrats won the parliamentary… Read More ›
U.S. to impose 10% additional tariffs on $300 billion Chinese goods
The move underscores Trump’s intent to not incentives Chinese strategy of tiring opponents through unproductive never ending negotiations. U.S. President Donald Trump made it lucidly clear to Chinese President Xi Jinping that the United States will not backdown from China’s… Read More ›
FRC levies 3.5 million pounds on accounting firm KPMG
KPMG will have to increase its due diligence on meeting auditing standards. In a development that yet again highlight the poor performance of accounting firm KPMG, Britain’s accounting watchdog has levied a fine of $4.24 million on KPMG for failing… Read More ›
BMW to shift production in case of cliffhanger Brexit
BMW could relocate production of the Mini from Oxford to Netherlands, in case of a no-deal Brexit. In a significant development, BMW’s Chief Executive Harald Kruege disclosed, it could relocate more of its production facilities of its Mini to a… Read More ›
EU members states to decide on consensus candidate for IMF
EU members will decide today on who will represent the block at the IMF. On Friday, European Union member states are set to vote on who will represent the bloc in the International Monetary Fund following a missed opportunity to… Read More ›
Two Top Online Only Banks Of Europe To Enter US Market, Critics Are Skeptic
Berlin-based N26 and its UK rival Monzo are among the two most popular online banks in Europe and the companies are now eyeing a market share in et United States. These banks offer free accounts to users which can be… Read More ›
US Tariffs On China Backfiring On US, Says Former Adviser To Trump
According to the former chief economic adviser of the United States president Donald Trump, the US economy is being affected by trump’s trade war with China and the import tariffs imposed by both countries on a wide range of each… Read More ›
13 state Attorney Generals request new trial date for T-Mobile US Inc’s proposed merger with Sprint Corp
T-Mobile U.S. Inc’s merger with Sprint Corp faces last hurdle. In a letter to Magistrate Judge Robert Lehrburger dated July 31, attorney Glenn Pomerantz, who represents a group of 13 state attorneys general, requested that the trial date be set… Read More ›
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