There are still “very large challenges” in the trade and economic relationship between the United States and China that the Biden administration needs to accord attention to across the board, said the US Trade Representative Katherine Tai. She said this… Read More ›
Economy & Finance
Computer Chip Shortages To Hit PC Supplies This Year, Says Dell, HP
Dell Technologies Inc and HP Inc both computer makers warned that the on going global shortage of computer chips could have an impact on the ability of the companies to meet the demands for laptops this year even as both… Read More ›
Biden Administration backs oil drilling project in Alaska
The Joe Biden Administration has defended a proposal by ConocoPhillips for developing oil fields in Alaska, backing the drilling project which was approved under the Trump Administration. “A Wednesday filing by the U.S. Department of Justice continues to defend a… Read More ›
US Senate Finance Committee advances bill which increases tax credits for EVs, with riders
In a development aimed at further boosting the adoption of electric vehicles the U.S. Senate Finance Committee has advanced legislation aimed at boosting the tax credits for electric vehicles to as much as $12,500, as long as they are assembled… Read More ›
Washington faces very large challenges in economic relationship with Beijing: USTR
In a development that buttresses the previous U.S. Administration’s point of view, U.S. Trade Representative Katherine Tai stated, the United States faces “very large challenges” in its economic relationship with China; the challenge requires the Biden Administration’s full attention across… Read More ›
German Economy Could Rebound In Summer After Covid-19 Contraction
The German economy is headed for a swift recovery from the Covid-19 pandemic this summer following a more than expected shrinking of the economy ion the first quarter. This optimistic picture of the German economy is based on better German… Read More ›
IAEA Chief Concerned About Iran’s Level Of Uranium Enrichment
Expressing alarm over the nuclear program being carried out by the Iranian government, the chief of the International Atomic Energy Agency spelled out why he was so concerned in an interview with the Financial Times this week. The situation was… Read More ›
Consolidation In Aircraft Leasing Industry To Be Accelerated By Covid-19
The Covid-19 pandemic is likely to accelerate the consolidation of the aircraft leasing industry, believes the head of major lessor SMBC Aviation Capital. The aircraft leasing industry has control of more than 40 per cent of the total global passenger… Read More ›
Report Finds Corporate America Appointed More Black Directors Last Year Following Social Justice Protests
A new report published by consultancy ISS Corporate Solutions has revealed that since the killing of George Floyd last year at the hands of Minneapolis police, there has been a significant rise in the number of African-American directors who have… Read More ›
M&A Investment Bankers Start Meeting In Person After Boom Via Zoom
After conducting merger and acquisition meeting via video conferencing apps such as Zoon during the pandemic, investment bankers are now rushing to see company CEOs and other top executives in person with the restrictions imposed on movement due to Covcid-19… Read More ›