Author Archives

• Bombardier exploring divestiture of its aerospace business: Bloomberg

  By admin1 on October 16, 2017 • ( 0 )

  

  The embattled Canadian train and plane maker is weighing its options to reduce its footprint from the aerospace market. It is eyeing a sale as well as potential partnerships. Bloomberg reported, Canadian airplane and train maker Bombardier Inc is exploring… Read More ›

• Reimposing economic sanctions on Tehran risks handing an upper hand to Iranian hardliners in negotiations with the West

  By admin1 on October 14, 2017 • ( 0 )

  

  Any form of reactionary based out of its domestic policy on the international theatre is likely to have significant impact on not only the U.S. economy but on regions surrounding Iran. On Saturday, Germany’s foreign minister warned that the U.S…. Read More ›

• If NAFTA were to fail it would put bilateral trade worth $1.2 trillion at risk

  By admin1 on October 14, 2017 • ( 0 )

  

  Although the U.S. aim could be portrayed as being noble and patriotic – that of reducing the U.S. trade deficit, – the demands of negotiators however risk risk derailing the highly integrated supply chains that U.S. manufactures depend on; it… Read More ›

• General Motors coaxes its workers to get back to work at its CAMI plant in Ingersoll, South Ontario, Canada

  By admin1 on October 14, 2017 • ( 0 )

  

  The dispute stems from the union’s demand that GM designate the plant as the lead production site for its Chevrolet Equinox model in North America. General Motors Co has stated it has reached a tentative labor agreement with striking workers… Read More ›

• Airbus scouring its global supply chain over Kobe Steel scandal

  By admin1 on October 13, 2017 • ( 0 )

  

  Airbus has yet to find any suppliers in its global supply chain who’s affected by the Kobe Steel scandal. As per a spokesman from Airbus, although the company does not source its products directly from Japan’s Kobe Steel, nevertheless, it… Read More ›

• EU extends helping hands to May firming her position of leadership in the British government

  By admin1 on October 13, 2017 • ( 0 )

  

  Here is how EU’s leaders plan on breaking the deadlock in the Brexit negotiations. Leaders from the European Union may extend an olive branch to British Prime Minister Theresa May in the deadlocked Brexit negotiations next week. The move could… Read More ›

• South Korea and China extend currency swap deal for another 3 years

  By admin1 on October 13, 2017 • ( 0 )

  

  The deal puts in place a system to tackle a shortfall of cash in case of any emergency and adds to existing financial safety nets. On Friday, South Korea stated it has agreed to extend a currency swap deal, which… Read More ›

• Boeing 777 and 787 Dreamliners use Kobe Steel’s falsely certified products

  By admin1 on October 13, 2017 • ( 0 )

  

  Boeing, the world’s biggest maker of passenger jets, is investigating how the false certification will impact its aircrafts. As for aluminum composites, although Boeing does not source them directly from Kobe Steels, its key Japanese suppliers, including Mitsubishi Heavy Industries,… Read More ›

• Chinese exports of aluminum foil feel the pinch following U.S. trade action

  By admin1 on October 12, 2017 • ( 0 )

  

  China has countered the U.S. trade move by saying they are not in synch with existing WTO rules. On Thursday, Gao Feng, the spokesperson from China Ministry of Commerce, stated that the trade rules created by the European Union against… Read More ›

• U.S. President Donald Trump nominates Barry Myers as the head of National Oceanic and Atmospheric Administration (NOAA)

  By admin1 on October 12, 2017 • ( 0 )

  

  Oppositions to Barry Myers’ nomination stem from the fact that in 2005, AccuWeather working with then-Senator Rick Santorum had backed, unsuccessfully, a proposal that would have limited dissemination of National Weather Service forecasts on websites. If it would have gone… Read More ›