While appointing foreign executive in top positions is very uncommon in Japan, the Carlos Ghosn incident could stop it altogether. Appointed in 2001, Brazil born and of Lebanese descent and a French citizen, Ghosn had led the company from the… Read More ›
The initial discord and displeasure surrounding the imbalance of power between Nissan and Renault in their alliance is taking a turn for a diplomatic feud between the countries. Following the arrest of the leader if both the companies and the… Read More ›
British Prime Minister Theresa May faces strong headwinds in her efforts to push the Brexit deal through her divided party and Britain’s parliament. Gerald Darmanin France’s Minister of Customs stated, French companies need to be more prepared to the reality… Read More ›
A significant chunk of this investment will be channelized towards developing electric and hybrid cars. Fiat Chrysler has pledged to spend at least $5.7 billion (5 billion euros) on developing new models, including engines, in Italy between 2019 to 2021;… Read More ›
In the United Kingdom, there has been a significant drop in advertising revenues for traditional media such as TV and newspapers and now the UK advertising industry is pinning its hopes on increased spend on digital media giants such as… Read More ›
The developing countries were praised for their role in global growth by UN Secretary-General Antonio Guterres. The global body is preparing to hold as South-South conference. In recent year, more than half of all global growth has been accounted for… Read More ›
One of the major aims of United States President Donald Trump imposing import tariffs on multiple products – and heavily on China, was to reduce the trade deficit that the US had with its trading partners. However, according to the… Read More ›
With the entry of Europe’s largest carmaker in the United States, the electric vehicle segment in the country is set to heat up. In a strategic development, Scott Keogh, the newly appointed CEO of Volkswagen Group of America stated, Volkswagen… Read More ›
The development comes just days before U.S. President Donald Trump is set to meet his Chinese counterpart in Buenos Aires. The outcome of the meet could either ease or worsen the growing trade war. Robert Lighthizer, the U.S. Trade Representative,… Read More ›
The Trump Administration played the Iran card saying the deal would protect against “.. growing ballistic missile threat from the Iranian regime and Iran-backed extremist groups.” According to a spokesman from the U.S. Department of State, Saudi Arabia will purchase… Read More ›
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