Author Archives

• U.S. Administration aiming to slash China trade surplus by $100 billion

  By admin1 on March 15, 2018 • ( 0 )

  

  It is to be seen how the Trump Administration will go about achieving its goal of balancing trade between the two economies. Although a spokeswoman clarified on Trump’s tweet to even out this trade surplus, a lot more clarity will… Read More ›

• Earnings of U.S. airlines primed to take off in the first quarter: trade body

  By admin1 on March 14, 2018 • ( 0 )

  

  Airlines for America (A4A) has forecast nearly a doubling of passengers carried by U.S. airlines this spring. According to a forecast by a U.S. airlines industry trade group, starting this spring the sector is set to carry an all-time high… Read More ›

• Donald Trump aims to target Chinese IT, consumer electronics and telecom goods in latest push to balance bilateral trade

  By admin1 on March 14, 2018 • ( 0 )

  

  While the U.S. Administration’s effort to reign in China’s aggressive trade policy which aims to subplant foreign technologies with domestic ones, it will have to streamline its apprach since its imposition of metal tariffs have largely undermined support from Europe…. Read More ›

• U.S. President Donald Trump blocks Broadcom Ltd’s acquisition of Qualcomm Inc

  By admin1 on March 13, 2018 • ( 0 )

  

  The strategic move by U.S. President Donald Trump, on national security concerns, effectively blocks China’s Huawei from being a dominant player in the emerging 5G mobile cell phone technology and allows other major players level-playing grounds in the setting up… Read More ›

• Volkswagen’s CEO, Matthias Mueller, pay package soars to $12.47 million a year

  By admin1 on March 13, 2018 • ( 0 )

  

  Matthias Mueller’s pay package comes in the wake of VW almost doubling its 2017 operating profit despite being weighed down by the U.S. emission scandal. On Tuesday, Volkswagen, EU’s biggest carmaker, reported that it has hiked up its CEO, Matthias… Read More ›

• Norweigian defense contractor Kongsberg Gruppen signs $1.93 billion deal with Qatar

  By admin1 on March 13, 2018 • ( 0 )

  

  The deal will see Kongsberg Gruppen supply military vehicles, weapons technology and help in the digitization of 490 armored vehicles. On Tuesday, Kongsberg Gruppen, a Norwegian defense contractor disclosed it has signed a letter of intent to supply equipment for… Read More ›

• Vas Narasimhan, Novartis’s new CEO pushing for immersion of technology at the Swiss pharmaceutical firm

  By admin1 on March 12, 2018 • ( 0 )

  

  The elevation of key human resource personnel to Novartis’s board suggests that Vas Narasimhan is aiming to turn a new leaf at the Swiss pharmaceutical giant. Vas Narasimhan, Novartis’s new CEO is strategically changing the leadership in the Swiss drugmaker…. Read More ›

• Samil PricewaterhouseCoopers starts due diligence on GM Korea’s troubled unit

  By admin1 on March 12, 2018 • ( 0 )

  

  While the due diligence will decide the fate of GM Korea, already 2,500 workers, amounting to nearly 15% of the plant’s staff, have opted for a redundancy package, as part of a strategic restructuring. On Monday, an official from South… Read More ›

• Jeff Fettig to replace Andrew Liveris as DowDuPont’s executive chairman

  By admin1 on March 12, 2018 • ( 0 )

  

  The change in leadership comes at a time when the U.S. chemicals producer is in the process of breaking up its units into 3 distinct businesses. On Monday, the Wall Street Journal reported, Andrew Liveris, U.S. chemicals producer DowDuPont Inc’s… Read More ›

• Crude oil prices edge up on a drop in U.S. drilling activity

  By admin1 on March 12, 2018 • ( 0 )

  

  The general U.S. oil drilling trend shows that it is set to become the world’s no.1 oil producer. On Monday, two factors contributed in the rise of oil prices. The first was the drop in production of U.S. rigs drilling… Read More ›