Author Archives

• U.S. economic growth could result in faster interest rates hike

  By admin1 on July 24, 2018 • ( 0 )

  

  Part of the reason why global markets are jittery is due to the chatter of U.S. economic data, for the second quarter, that is streaming in, which could easily cross current analysts’ forecasts of 4.1%. A higher growth rate is… Read More ›

• Saudi Arabia’s Aramco eyeing controlling stake at SABIC

  By admin1 on July 23, 2018 • ( 0 )

  

  While the size of the stake is yet unknown, what is certain is that it wants a majority stake in SABIC. As per two sources familiar with the matter at hand, Saudi Arabia’s Aramco aims to purchase a controlling stake… Read More ›

• Mining giant BHP facing class-action lawsuit over Samarco dam in Brazil

  By admin1 on July 23, 2018 • ( 0 )

  

  BHP has provisioned $650 million in 2018-2019, which was at the lower end of their expectations. On Monday, Melbourne, Victoria-based BHP, formerly known as BHP Billiton, an Anglo-Australian multinational mining, metals and petroleum company stated, it has been served with… Read More ›

• BOC Aviation Ltd to purchase 17 new Airbus jets worth $2.2 billion

  By admin1 on July 23, 2018 • ( 0 )

  

  Singapore-based BOC Aviation is Asia’s second biggest aircraft lessor. It expects deliveries of these aircrafts in 2020 & 2021. On Monday, BOC Aviation Ltd stated it would purchase 17 new Airbus A320NEO and A321NEO jets, at a combined value of… Read More ›

• China’s Ministry of Commerce opens anti-dumping probe against Stainless Steel imports from EU, South Korea, Japan and Indonesia

  By admin1 on July 23, 2018 • ( 0 )

  

  China’s import of hot-rolled stainless steel sheet and stainless steel billets jumped by 200% in 2017. On Monday, China’s Ministry of Commerce disclosed, it has begun an anti-dumping investigation into the import of hot-rolled stainless steel sheet and stainless steel… Read More ›

• Policy debate on China’s monetary policy rages as economy faces strong headwinds

  By admin1 on July 20, 2018 • ( 0 )

  

  China will require an active and dynamic support system for its fiscal and regulatory policies so that it can mitigate the challenges posed by the deepening trade war with the United States. A slowdown in China’s economy due to its… Read More ›

• EU Antitrust regulators to launch full-scale investigation into Thales’ $5.6 billion bid for Gemalto

  By admin1 on July 19, 2018 • ( 0 )

  

  Thales did not offer any concessions to address overlapping concerns. On Thursday, as per two sources familiar withe the matter at hand, antitrust regulators from the European Union are set to launch a full-scale investigation into French aerospace and defense… Read More ›

• Airbus garners 431 aircrafts orders from Farnborough Airshow

  By admin1 on July 19, 2018 • ( 0 )

  

  The Farnborough Airshow was a much needed boost for Airbus where its A320neo saw good endorsement, especially from its largest buyer AirAsia. On Thursday, Airbus SE stated it had orders and commitments for 431 aircrafts from the Farnborough Airshow, with… Read More ›

• Guido Kerkhoff should be seen only as an interim CEO of Thyssenkrupp: Elliot Management

  By admin1 on July 19, 2018 • ( 0 )

  

  Elliot Management and Swedish activist investor Cevian are pushing for Thyssenkrupp to continue on its path of “structural evolution”, a change in its overall strategy as well as appointing a permanent CEO. In a move that is aimed at changing… Read More ›

• Airbus SE wins orders for 10 A320neo jets for $1.1 billion

  By admin1 on July 19, 2018 • ( 0 )

  

  Airplane makers have garnered orders for nearly $50 billion from London’s Farnborough Airshow. On Thursday, Airbus SE stated it had won a provisional order for 10 A320neo planes worth $1.1 billion at list prices from an undisclosed customer. The announcement… Read More ›