Author Archives

• Fiat Chrysler to eliminate diesel passenger cars from across its brands

  By admin1 on February 26, 2018 • ( 0 )

  

  Fiat Chrysler is set to announce its intention vis-a-vis its diesel passenger vehicles on June 1, 2018. On Monday, the Financial Times reported, citing sources familiar with the carmaker’s strategy, Fiat Chrysler plans on eliminating diesel from all its passenger… Read More ›

• Boeing prepares to fight Bombardier’s CSeries aircrafts through a joint venture with Brazilian aircraft maker Embraer

  By admin1 on February 26, 2018 • ( 0 )

  

  While Airbus has sided with Bombardier, in the Canadian aircraft maker’s dispute with Boeing, through this proposed joint venture with Embraer, Boeing aims at becoming the leader in the 70-seat to 130-seat regional jet market. Brazilian newspaper O Globo reported,… Read More ›

• Rising cost of transportation pulling up food inflation in the U.S.

  By admin1 on February 26, 2018 • ( 0 )

  

  For consumers who have enjoyed low to negative food inflation over the years, the jump in food prices is likely to be a shocker. In the push for cost cut led higher margins, U.S. trucking companies and railroad operators are… Read More ›

• European Commission wants banks to reduce their NPAs through secured loans within 8 years

  By admin1 on February 23, 2018 • ( 0 )

  

  The draft proposal is aimed at significantly reducing the stock of bad loans in the European Union. On Friday, a source familiar with the matter at hand stated, the European Commission has prepared a draft proposal aimed at reducing the… Read More ›

• Trump to meet EPA, key senators and cabinet officials on Tuesday to discuss changes to U.S. biofuel policy

  By admin1 on February 23, 2018 • ( 0 )

  

  The meeting comes in the wake of a Pennsylvania-based refiner blaming regulation for its bankruptcy. Four sources familiar with the matter at hand have disclosed, a meeting has been called early next week by U.S. President Donald Trump who will… Read More ›

• Britain’s automotive regulations will align themselves with that of the European Union

  By admin1 on February 23, 2018 • ( 0 )

  

  The move is aimed at protecting Britain’s automotive industry and not disrupt its well-oiled supply chain. Britain’s health minister, Jeremy Hunt stated the country will align its regulations with the European Union’s in some areas, including the automotive sector, after… Read More ›

• German prosecutors from Munich houses of 3 suspects in Audi emission scandal case

  By admin1 on February 22, 2018 • ( 0 )

  

  The prosecutors said the current top management of Audi are not seen as suspects in the case. On Thursday, German prosecutors stated they were in the process of searching the homes of 3 new suspects connected with Audi’s emissions scandal…. Read More ›

• Federal administrative court in Leipzig to decide on 15 million diesel vehicles in Germany

  By admin1 on February 22, 2018 • ( 0 )

  

  Environmental groups say particulate matters in diesel emissions in the majority of German cities exceed the EU threshold. On Thursday, Germany’s highest administrative court in Leipzig is set to decide on the fate of the 15 million diesel vehicles that… Read More ›

• General Electric eyes $4 billion asset sales, clarifies on issues surrounding capital allocation

  By admin1 on February 22, 2018 • ( 0 )

  

  Here’s what the CFO of General Electric had to say on how the conglomerate will raise funds, issues surrounding its stake in Baker Hughes, capital allocation at GE, and the turn around of GE Power. While speaking at an event… Read More ›

• Bridgewater Associates’ Ray Dalio sees 70% chance of U.S. recession before 2020

  By admin1 on February 22, 2018 • ( 0 )

  

  Here are the views of billionaire investor Ray Dalio on the state of the U.S. economy and the market. Ray Dalio, the billionaire investor who founded Bridgewater Associates, the world’s largest hedge fund, opined that it is highly likely that… Read More ›