John McFarlane, chairman of the lobby group The CityUK, remains optimistic despite the prevailing gloom and the lack of clarity surrounding UK’s Brexit strategy. Britain is home to the world’s biggest banks is also the largest insurance market in the… Read More ›
While Trump has set a sour mood for the meeting set for later today, by going into a trade war with the European Union, Washington would be opening a second front – a strategic mistake. In his signature move, U.S…. Read More ›
Of note is the fact that, when compared with rivals, which include Audi, Mercedes, Porsche and VW, BMW’s vehicles have faced fewer regulatory hurdles tied to excessive pollution. Duesmann is likely to head VW’s Audi brand if and when Rupert… Read More ›
The annual forecast by the Global Business Travel Association (GBTA) and those from Carlson Wagonlit Travel (CWT) state cost of hotel stay and travel is likely to shoot up in 2019. According to an industry forecast, rising oil prices and… Read More ›
Part of the reason why global markets are jittery is due to the chatter of U.S. economic data, for the second quarter, that is streaming in, which could easily cross current analysts’ forecasts of 4.1%. A higher growth rate is… Read More ›
While the size of the stake is yet unknown, what is certain is that it wants a majority stake in SABIC. As per two sources familiar with the matter at hand, Saudi Arabia’s Aramco aims to purchase a controlling stake… Read More ›
BHP has provisioned $650 million in 2018-2019, which was at the lower end of their expectations. On Monday, Melbourne, Victoria-based BHP, formerly known as BHP Billiton, an Anglo-Australian multinational mining, metals and petroleum company stated, it has been served with… Read More ›
China’s import of hot-rolled stainless steel sheet and stainless steel billets jumped by 200% in 2017. On Monday, China’s Ministry of Commerce disclosed, it has begun an anti-dumping investigation into the import of hot-rolled stainless steel sheet and stainless steel… Read More ›
China will require an active and dynamic support system for its fiscal and regulatory policies so that it can mitigate the challenges posed by the deepening trade war with the United States. A slowdown in China’s economy due to its… Read More ›
Thales did not offer any concessions to address overlapping concerns. On Thursday, as per two sources familiar withe the matter at hand, antitrust regulators from the European Union are set to launch a full-scale investigation into French aerospace and defense… Read More ›
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