With the Tokyo District Court setting the bail amount to $635,612, Greg Kelly is likely to spend Christmas night at home. On Tuesday, a Tokyo District Court granted Greg Kelly, the former Representative Director at Nissan Motor Co, bail thus… Read More ›
Washington’s particular style of functioning appears to be adding to investor concerns and markets across the globe. Partial shutdown of the government, trade wars, open confrontations have added barrels of fuel to the fire. On Tuesday, the greenback fell to… Read More ›
Home of the world’s biggest crude oil reserves, production of crude oil in Venezuela, a OPEC member, has reached its lowest levels in 70 years. Guyana’s Foreign Affairs Minister Carl Greenidge stated, the government is “in discussion” with Exxon Mobil… Read More ›
Automakers have warned that a rise in VAT rates for automobiles would significantly effect burgeoning car sales. According to the Russian branch of South Korean carmaker Hyundai Motor Co, the auto market in the country is likely to witness a… Read More ›
The results of the survey assumes significance given the current geo-economic tensions with the United States. On Monday, going by the results of a survey that was published by China’s central bank – the People’s Bank of China, business confidence… Read More ›
The contract is for supporting contract for the MH-6, MH-47, and MH-60 aircraft. In a statement, the Pentagon said, Sikorsky Aircraft, a unit of Lockheed Martin Corp along with Boeing Co have been awarded a $1.1 billion U.S. defense contract… Read More ›
Lockheed Martin Corp has been awarded a U.S. defense contract for upgrading 84 F-16 fighter aircraft to the V-configuration. In a statement to the press, the Pentagon said, Lockheed Martin Corp has been awarded a $997 million U.S. defense contract… Read More ›
The contract is part of a modification package of a foreign military sale to Sweden. The Pentagon said in a statement, Raytheon Co was won a $568 million U.S. defense contract for modifying a Patriot missile defense system it is… Read More ›
The bulk of proceeds stem from the Embraer SA’s recent deal with Boeing, wherein the latter took a 80% stake in the commercial aircraft business of Embraer. The move is expected to reshape the global passenger aircraft industry. As per… Read More ›
The WTO action by the EU, mirrors similar concerns raised by the United States. This is the second such action the European Commission has taken against China at the WTO. On Thursday, for the second time this year, the European… Read More ›
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