The deal puts in place a system to tackle a shortfall of cash in case of any emergency and adds to existing financial safety nets. On Friday, South Korea stated it has agreed to extend a currency swap deal, which… Read More ›
Creativity
Boeing 777 and 787 Dreamliners use Kobe Steel’s falsely certified products
Boeing, the world’s biggest maker of passenger jets, is investigating how the false certification will impact its aircrafts. As for aluminum composites, although Boeing does not source them directly from Kobe Steels, its key Japanese suppliers, including Mitsubishi Heavy Industries,… Read More ›
How Alibaba Was Helped To Become An E-Commerce Giant By Jack Ma’s Foresight
It’s best to prepare early if there’s a change coming, believes Alibaba Executive Chairman Jackc Ma. Fending off competition on its home turf from online marketplace eBay well in its early days, that philosophy served Alibaba, now a Chinese e-commerce behemoth. “When we see… Read More ›
Chinese exports of aluminum foil feel the pinch following U.S. trade action
China has countered the U.S. trade move by saying they are not in synch with existing WTO rules. On Thursday, Gao Feng, the spokesperson from China Ministry of Commerce, stated that the trade rules created by the European Union against… Read More ›
U.S. President Donald Trump nominates Barry Myers as the head of National Oceanic and Atmospheric Administration (NOAA)
Oppositions to Barry Myers’ nomination stem from the fact that in 2005, AccuWeather working with then-Senator Rick Santorum had backed, unsuccessfully, a proposal that would have limited dissemination of National Weather Service forecasts on websites. If it would have gone… Read More ›
Trump Administration proposes John Rood as the undersecretary of defense for policy
His past experience includes working as an analyst in the CIA for 11 years tracking missiles programs in foreign countries. The White House has disclosed President Donald Trump plans on naming a senior executive from Lockheed Martin Corp as the… Read More ›
NAFTA and its implications for U.S. & Mexican businesses
Here’s how the Trump Administration protectionism could impact the North American economy as a whole. Here’s how protectionism is relevant in an increasingly inter-connected world economy. According to Business leaders attending the U.S. – Mexico CEO conference whose agenda focuses… Read More ›
Wal-Mart increases its online footprint, forecasts 40% growth in online sales for fiscal year 2018
With Wal-Mart ramping up its online sales strategy to better fend off Amazon.com Inc, the move is starting to pay dividends. The world’s biggest brick-and-mortar retailer, Wal-Mart Stores Inc has forecast a 40% rise in its U.S. online sales for… Read More ›
Compliance on Intellectual Property remains a sticky issue with China
Theft of intellectual property has been a touchy issue with Beijing: with allegations that it forces companies to hand over intellectual property as a price of doing business in the country to outright theft of software and ideas from U.S…. Read More ›
The prospects of a currency swap deal between China and South Korea appear to be “optimistic”
The $56 billion swap deal is South Korea’s largest ever currency swap deal, accounting for nearly 45% of its swap arrangements. The deal is likely to cement economic ties and act as an additional layer of a safety net. A… Read More ›
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