The U.S. has proposed to expand the list of high-technologies listed under Section 301 which bars their exports to countries that are deemed as unfriendly. On Thursday, a spokesman from China’s Commerce Ministry stated, Beijing is in the process of… Read More ›
Economy & Finance
Cryptocurrencies Other Than Bitcoin That Investors Know Of
While bitcoin is the most popular digital currency, there are others that one should take note off. Since the creation of bitcoin in 2009, there has been emergence of about 1,500 other crypto currencies. And they are categorised in segments… Read More ›
Renault-Nissan Alliance global alliance to remain strong: Bruno Le Maire
Both, France and Japan, have indicated that they are ready to stabilize and conslidate the alliance between Renault and Nissan. On Wednesday, French Finance Minister Bruno Le Maire stated, the consolidation of the alliance between France’s Renault and Japan’s Nissan… Read More ›
South Korean budget airliner Jeju Air to purchase 40 Boeing 737 Max 8 worth $4.4 billion
South Korea is witnessing a rise in passenger footfalls in international routes. South Korea’s biggest low-cost airline Jeju Air Co Ltd stated, it plans on purchasing 40 Boeing 737 Max 8 airplanes worth $4.4 billion at list prices. The deal… Read More ›
America Is Not Benefitting From Exit Of Firms From China Due To Tariffs
America is not benefitting from the trade tariffs it imposed on China – at least in terms of the destination of the companies that are leaving the second largest economy of the world because of the tariffs pressures. Products made… Read More ›
Theresa May rallies business houses to support her draft Brexit deal
May’s deal focusses on a key issue, the immigration system, which was a significant factor in the Brexit referendum. Facing dissenters from within her own party, British Prime Minister Theresa May has scrambled to win support from business leaders for… Read More ›
Production Orders Cut By Apple For Its Latest iPhones: WSJ
A news report published in The Wall Street Journal claims that orders for the newest of the iPhones is being curtained by Apple Inc. The report cited sources who claimed that this was because of weaker than expected demand for… Read More ›
Nissan Chairman Carlos Ghosn To Be Ousted On Charges Of Falsification Of Compensation
Following allegations of some serious offences and misconduct which had violated Japanese financial trading law, Japanese car maker Nissan is set to ouster its Chairman Carlos Ghosn from his position as the chairman of the company after being recommended by… Read More ›
Mark Zuckerberg Pressurised To Step Down By Facebook Investors: Report
There has been an increase of pressure on the Facebook CEO Mark Zukerberg to resign from his position by its investors following a news report published in the New York Times where it has been alleged that the largest social… Read More ›
Saudi Arabia Oil Shipment To US Being Lowered To Increase Price
In a move that apparently tallies with the unannounced decision to cut down on shipment of crude to shore up global oil prices, shipments of oil to the United States are being slashed by Saudi Arabia. Representatives of the oil… Read More ›