The data could potentially prolong and deepen the ongoing trade war. Official data from the U.S. shows, Beijing’s exports to the United States, have unexpectedly risen to record highs. China’s trade surplus with the U.S. peaked in June and could… Read More ›
China is ramping up direct and indirect pressures on Washington. On Friday, China’s National Textile and Apparel Council stated it was deeply concerned with the escalating trade dispute between the United States and China. As per a statement on its… Read More ›
With China, the world’s biggest consumer of soybeans, sourcing soybeans from Brazil, the price of Brazilian soy peaked in June. On Friday, according to data from China’s General Administration of Custom China’s import of soybean in June has jumped by… Read More ›
Earlier the Trump Administration had blocked Broadcom’s $117 billion hostile bid to acquire Qualcomm Inc citing national security concerns. But since then in a cunning move, Broadcom has re-domiciled from Singapore to the U.S, which places it outside of CFIUS’… Read More ›
SoftBank’s shares have appreciated by 54% in the last 5 years. Although its market capitalization is $87 billion, in comparison Alibaba has a market capitalization of $480 billion and the value of its shares have doubled since their listing on… Read More ›
Tune in to the M&A channel to view the latest in the top prime time drama over Britain’s Sky. Topping Rupert Murdoch’s Twenty-First Century Fox’s bid for Britain’s Sky, Comcast Corp raised its offer to $32.5 billion. Previously, Fox had… Read More ›
Having outbid Comcast, 21st Century Fox expects to receive regulatory approval from Britain later this week. On Wednesday, 21st Century Fox stated it has secured a deal to acquire Britain’s Sky for 24.5 billion pounds. Rupert Murdoch’s 21st Century Fox… Read More ›
Apart from these, Vistara plans on also purchasing 37 Airbus A320neos from leasing companies. On Wednesday, Vistara, an Indian airline operator, stated, it has placed firm orders for thirteen Airbus SE A320neos jets and six 787 Boeing jets in… Read More ›
In the last 12 months ending May 2018, China has strategically reduced its imports from the U.S. to USD162bn. Investors are anxious to see how China responds to the new U.S. threats. On Wednesday, following U.S. President’s Donald Trump’s threat… Read More ›
The developments comes a day after Tesla announced that it would build an auto plant in Shanghai that would double its global auto manufacturing capacity. On Wednesday, Huang Ou, the deputy director of Shanghai Commission of Economy and Information Technology… Read More ›
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