Author Archives
-
Tesla hikes prices of some of its models in China
The depreciation of the Renminbi has led to a jump in import costs. On Friday, U.S. electric vehicles maker Tesla Inc stated, it has raised the price of some of its models in China. The development comes in the wake… Read More ›
-
Japan to increase scrutiny on foreign ownership of Japanese firms
Japan is taking steps to improve the monitoring of the ownership of its companies in industries which it considers as critical to its national security. According to two officials with knowledge of the matter at hand, Japanese officials are considering… Read More ›
-
Inverted yield curve pushes need for ultra-long bonds
There is renewed interest among U.S. Treasury officials in ultra-long bonds. As per a report from Bloomberg, U.S. Treasury Secretary Steven Mnuchin is seriously weighing the possibility of issuing ultra-long U.S. bonds. According to the report, the matter is “under… Read More ›
-
Boeing wins $500 million U.S. defense contract
Boeing has won a defense contract pertaining to Qatar’s air force. According to a statement from the Pentagon, Boeing Co has won a $500 million contract for providing an aircrew for F-15QA fighter jet as well as for a maintenance… Read More ›
-
Eu-Mercosur trade deal could be signed by next year: Senior EU Official
The EU has made it amply clear that the ball lies in Brazil’s court. Its behavior will have to change its attitude for the deal to come through by late 2020. On Wednesday, a senior official from the European Union… Read More ›
-
Kraft Heinz Co names Paulo Basilio as its next CFO
Paulo Basilio, who will take over from Sept. 1, will be replacing David Knopf, who will return to Brazilian private equity firm 3G Capital as a partner. Kraft Heinz Co has named Paulo Basilio as its next chief financial officer… Read More ›
-
Rob Lynch to head Papa John’s International Inc
Rob Lynch will become the CEO of the Pizza chain effective from today. According to a report from Bloomberg, Papa John’s International Inc is set to appoint Rob Lynch, president of Arby’s Restaurant Group Inc, as its new chief executive… Read More ›
-
Russia’s Rostec agreeable to out-of-court-settlement for non-delivery of Boeing 737 MAX jets
Avia Capital Service is now demanding that Boeing return the deposit amount along with interest which totals to $75 million in “lost profit” and around $115 million in compensatory damages, plus “several times the amount” in punitive damages. On Tuesday,… Read More ›
-
World’s largest sovereign wealth fund should increase exposure to North Americans markets
Norway’s central bank is advocating a significant change in strategy in the way the Government Pension Fund Global, the world’s largest sovereign wealth fund, operates. According to fund manager of Norway’s $1 trillion sovereign wealth fund, which happens to be… Read More ›
-
China willing to negotiate trade dispute through dialog: Chinese Vice Premier Liu
Chinese Vice Premier Liu is China top trade negotiator. On Monday, Chinese Vice Premier Liu He stated, Beijing is willing to resolve its trade dispute with the Washington through negotiations. In what are likely to be signs that U.S. trade… Read More ›
manageria.biz 