Author Archives
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British Prime Minister likely to force second vote on Brexit deal: The Sun
Britain’s economic future will be decided today in Parliament. Options range from reversing Brexit to a cliff hanger Brexit. As per a report from British tabloid ‘The Sun’, Prime Minister Theresa May is likely to force a second parliamentary vote… Read More ›
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Air Canada studying narrowbody aircraft for transatlantic market
The options Air Canada is looking at includes Airbus A321XLR and the Boeing 737 MAX. A senior executive from Air Canada disclosed, the airlines is interested in further developing the usage of narrowbody aircraft for its transatlantic market and is… Read More ›
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China records highest trade surplus with U.S. since 2006
China’s trade surplus with the United States grew by 11.3% from the previous year. Customs data released on Monday shows, China recorded its biggest trade surplus with the United States which touched $323.32 billion – its highest since 2006. In… Read More ›
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Eurozone’s industrial output at nearly 3-year low
The bulk of the fall in industrial output in the Eurozone can be attributed to weak investment appetite for capital goods, durable consumer goods, and non-durable consumer goods. On Monday, in what amounts to a confirmation of the series of… Read More ›
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New Age Vehicles set for record growth in China
China’s Association of Automobile Manufacturers (CAAM) expects NEV sales to touch at least 1.6 million units in 2019. On Monday, China top automobile industry association stated, carmakers in the country are likely to face fiercer competition in 2019. Its statement… Read More ›
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Britain will choose to be with the EU: one of Brexit’s leading donors
Hedge funds will gain both ways: those that had bet on Brexit had reaped the benefits of betting against UK assets, are now re-positioning for these assets to get stronger. In a significant development, two of the biggest donors to… Read More ›
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Poland arrests Huawei employee and Polish national over espionage
The story gets interesting since the Polish national is a former agent of Poland’s internal security agency. On Friday, in a development that yet again points the finger of accusations at Chinese telecom giant Huawei, Poland has arrested a Chinese… Read More ›
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French insurer AXA to relocate UK staff to Ireland
The decision to relocate staff was taken much ahead of AXA’s acquisition of XL.The number of people who will be relocating have not been disclosed. Aimed at mitigating risks from Britain potential departure from the European Union, French insurer AXA… Read More ›
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IATA not worried on fallout of hard Brexit: Alexandre de Juniac
If Britain were to leave the EU without a deal on March 29, 2019 would flights inbound and outbound to Europe be grounded from that day forth? On Thursday, Alexandre de Juniac, director general and CEO of the International Air… Read More ›
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Success of U.S.-China trade talks will hinge on verification and effective enforcement on pledges
During earlier negotiations, although Beijing has made wide ranging commitments, it has taken its own sweet time, at times more than a decade, to implement its pledges. Unless China walks the talk, negotiations are unlikely to be fruitful. China’s pledges… Read More ›
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