In what is likely to be a strategic move, the United States has moved quickly to reach new trade deals with Mexico, the EU and Canada and in doing so it can then focus its energies on China, which is… Read More ›
Creativity
The EU must prepare for a no-deal Brexit: Michel Barnier
While Michel Barnier garbed the warning saying the EU must be ready for any eventuality, it comes in the wake of British Prime Minister Theresa May saying a no-deal “wouldn’t be the end of the world”. Although her comments were… Read More ›
Select countries get relief from U.S. tariff hikes for aluminum and steel
The U.S. Commerce Department has stated Trump has signed proclamations permitting relief from U.S. tariffs on aluminum and steel for a select few countries. As per the U.S. Commerce Department, U.S. President Donald Trump has signed proclamations which permit targeted… Read More ›
Deutsche Bank to maintain global presence
Christian Sewing has made it lucidly clear to investors that Deutsche Bank will maintain its global presence and support its customer’s global businesses. On Wednesday, Deutsche Bank’s CEO Christian Sewing told a banking conference that Germany’s biggest lender will stick… Read More ›
Indonesia and Australia set to announcement completion of negotiations for CEPA this Friday
The completion of negotiations for Comprehensive Economic Partnership Agreement (CEPA) is set to be announced this Friday following a visit by Australian Prime Minister Scott Morrison to the Indonesia. As per an official from Indonesia’s foreign ministry, President Joko Widodo… Read More ›
Zhejiang Geely Holding Group Co to augment capacity of its Ningbo plant by 250,000
The capacity increase assumes significance since it ramps up production volumes as well as adds bigger cars to Geely’s product basket. According to two sources familiar with the matter at hand, China’s Geely is putting in place a new auto… Read More ›
Hewlett Packard Enterprise appoints Tarek Robbiati as its CFO
Tarek Robbiati succeeds Tim Stonesifer who played a significant role in the breakup of HPE from Hewlett-Packard Co, in 2015. Hewlett Packard Enterprise has appointed Tarek Robbiati, the former Chief Financial Officer at Sprint Corp as its new CFO. With… Read More ›
China to adopt stricter intellectual property rights: Premier Li
He will be replaced by Michael Heuer, Roche’s regional head of Europe, the Middle East, Africa, and Latin America, until a permanent replacement is found. On Tuesday, Roche disclosed, Roland Diggelmann the head of its diagnostics division will be leaving… Read More ›
WEKO stands by legality of service-after-sales agreements
Basing itself on the conclusions drawn an EU court, the Swiss competition authority has made it clear that such agreements are not indicative of an abuse of market dominance nor were they considered as unacceptable. On Tuesday, WEKO, the… Read More ›
U.S. trade sanctions on Turkey could destabilise the Middle East: Turkish Finance Minister Berat Albayrak
Although the Turkish lira has continued to weaken, it has stepped back from yesterday’s 6.1200 against the dollar as of 0435 GMT. On Tuesday, the Turkish lira weakened further as investors weighed up Turkey’s efforts to handle its rift with… Read More ›
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