Author Archives

• Theresa May, 59, set to be Britain’s next PM

  By admin1 on July 12, 2016 • ( 0 )

  

  Although she has made her intentions clear saying “Brexit means Brexit”, she will she have to get the numbers in order to pass act of parliament that will kickstart the leaving process. Theresa May, 59, Britain’s Interior Minister, is set… Read More ›

• Honda Motors in collaboration with Daido Steel create the world’s first rare metal free engine for its vehicle line-up

  By admin1 on July 12, 2016 • ( 0 )

  

  This signals the beginning of the end of China’s iron grip of the rare minerals market. In a significant development in the history of automotive, Honda Motors Co Ltd is said to have developed the world’s first motor for hybrid… Read More ›

• Musk to unveil part 2 of Tesla’s “masterplan”

  By admin1 on July 11, 2016 • ( 0 )

  

  This comes after two of its models were involved in two fatal mishaps. Elon Musk, the embattled Tesla CEO, has tweeted his intention of soon publishing the second part of his “top secret Tesla masterplan”. The tweet reads as the following,… Read More ›

• EU Trade Commissioner optimistic about upcoming EU-China summit

  By admin1 on July 11, 2016 • ( 0 )

  

  The upcoming summit could potentially sooth strained following Brexit. Ahead of the China-EU summit, Cecilia Malmstrom, the EU’s trade Commissioner, was of the opinion that upcoming planned investment deals could boost the level playing field for European and Chinese companies…. Read More ›

• Airbus and Boeing both bag further orders at Farnborough Airshow

  By admin1 on July 11, 2016 • ( 0 )

  

  The order could boost economies growth which is stalling in the wake of Brexit. Despite political uncertainties overshadowing the Farnborough Airshow, Airbus has beaten rival Boeing to bag a big order for 8 to 10 of its biggest twin-engined models…. Read More ›

• JPMorgan Chase & Co likely to move thousands of job across the channel once Article 50 is invoked

  By admin1 on July 8, 2016 • ( 0 )

  

  As stated earlier by Pro Brexit campaigner Boris Johnson, the British government should fully disclose to its citizens the impact that Brexit will have on their nation in simple economic terms. Britain’s historic decision to leave the European Union could… Read More ›

• China’s HNA Group in the lead for the purchase of CIT Group’s plane leasing business

  By admin1 on July 8, 2016 • ( 0 )

  

  The HNA Group’s interest in this business is due to growing Chinese appetite for air travel. According to sources familiar with the situation, a firm backed by Li Ka-shing, a tycoon from Hong Kong along with China’s HNA Group is… Read More ›

• Citigroup consolidating its banking consumer business

  By admin1 on July 8, 2016 • ( 0 )

  

  This move is designed to cluster its EMEA consumer operations in Asia. According to an internal memo, Citigroup is in the process of merging its consumer banking unit in Europe, Middle East and Africa (EMEA), its largest region for profits,… Read More ›

• Andrew Caspersen pleads guilty to $38 million for fraud

  By admin1 on July 7, 2016 • ( 0 )

  

  Those affected by this fraud include a foundation affiliated with Moore Capital Management, the Park Hill Group, family and friends. Andrew Caspersen the former Wall Street executive has now pleaded guilty of defrauding investors to the tune of $38 million… Read More ›

• Brexit clouds Fed’s interest rate hike

  By admin1 on July 7, 2016 • ( 0 )

  

  One thing is for certain, Brexit will not pull the U.S. economy into a recession. Oil prices, the trend of the greenback and other economic conditions to a great extent behaved to the expectations of the U.S. Federal Reserve, which… Read More ›