Author Archives
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IEA Says The Crown For World’s Largest Exporter Of Natural Gas Will Soon Go To The US
According to a new report by the International Energy Agency, the position of global supremacy presently claimed by Australia and Qatar as the world’s largest exporter of natural gas is most likely to be challenged by the United States soon enough…. Read More ›
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Unclear Brexit Creates ‘Trust’ Issues Exist For EU’s Barnier With Respect To The U.K.
Demanding that Theresa May’s government make its positions on Brexit clear so talks can start making progress, in the space of a week, the European Union’s chief Brexit negotiator, Michel Barnier, issued his second stern warning to the U.K. “We can’t… Read More ›
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Reports Say Western Digital, Foxconn In Talks With Toshiba For Chip Unit Purchase
As Toshiba Corp seeks to revive a stalled $18 billion sale of its chip business, banking sources said that the Japanese company is in talks with Western Digital Corp and Taiwan’s Foxconn, as well as with an already preferred bidder…. Read More ›
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In Steel Retaliation, EU Targets Kentucky Bourbon
In order to target for retaliation over Donald Trump’s plans to invoke national security concerns to limit steel imports, EU officials have begun assembling a list of US goods including whiskey, orange juice and dairy products. the tensions set off by… Read More ›
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Tesla Has 100 Day Deadline To Deliver After Winning Giant Battery Contract In Australia
In what experts say will be a litmus test for the reliability of large-scale renewable energy Tesla Inc has won an Australian contract to install the world’s biggest grid-scale battery. In order to build the gigantic lithium-ion battery that will… Read More ›
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Initial Demands Void, Vow More Measures – Four Arab States Leading Qatar Boycott
Proof of Qatar’s links to terror groups is perpetuated by Doha’s refusal of their demands to resolve a Gulf diplomatic crisis, said the four Arab states leading the boycott against Qatar said late on Thursday. The countries said that they… Read More ›
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For The First Time, A Larger Quarterly Profit Than Apple Could Be Logged By Samsung
Samsung Electronics is likely to surpass that of Apple’s for the same quarter for the first time ever, as the company is set to record its highest ever quarterly operating profit, analysts said. The South Korean electronic giant will highlight what it… Read More ›
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Tesla Given A Shock By Volvo’s Electric Shift
Tesla has been given a sudden shock by Volvo. The Sweden-based carmaker has said on Wednesday that it will shift to a variety of hybrid and all-electric models and it will stop producing new gasoline-only engines from 2019. But simply… Read More ›
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Economist Says Politicians Want To Hide The Threat Posed By German Banks
Saying shipping loans and too many bank branches are some of the very real problems they are currently facing, analysts have highlighted that Germany’s lenders are still not out of the woods, even with the Italian banking system in the… Read More ›
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Divide With Trump Widen By European Companies Flocking Into Tehran
With respect to the aspect of preserving its new-found place in the global economy, Iran made progress this week. In what is the first to be finalized since U.S. President Donald Trump took office, threatening to abandon the 2015 deal… Read More ›