Christian Sewing has made it lucidly clear to investors that Deutsche Bank will maintain its global presence and support its customer’s global businesses. On Wednesday, Deutsche Bank’s CEO Christian Sewing told a banking conference that Germany’s biggest lender will stick… Read More ›
The completion of negotiations for Comprehensive Economic Partnership Agreement (CEPA) is set to be announced this Friday following a visit by Australian Prime Minister Scott Morrison to the Indonesia. As per an official from Indonesia’s foreign ministry, President Joko Widodo… Read More ›
The capacity increase assumes significance since it ramps up production volumes as well as adds bigger cars to Geely’s product basket. According to two sources familiar with the matter at hand, China’s Geely is putting in place a new auto… Read More ›
There have been very few other companies that have evoked as much wide ranging predictions as Tesla Inc. Uncertainty about the company had been spread by its founder and CEO Elon Musk himself by first promising production targets unilaterally and… Read More ›
The new free trade agreement between the United States and Mexico that was struck by the two countries and announced by the US president Donald Trump on Monday has the potential to put the US president in a better standing… Read More ›
A new research claims that a severe credit crunch is staring at the face of the Turkish economy in addition to the country’s currency woes. A recent report from the Washington D.C.-based Institute of International Finance (IIF) claims that the… Read More ›
According to a most recent survey conducted to gauge the mood and sentiment of businesses sin the US and Germany, there are serious doubt in the minds of almost three out of four firms that are currently operational in Germany… Read More ›
Although the Turkish lira has continued to weaken, it has stepped back from yesterday’s 6.1200 against the dollar as of 0435 GMT. On Tuesday, the Turkish lira weakened further as investors weighed up Turkey’s efforts to handle its rift with… Read More ›
The move by the People’s Bank of China (PBOC) is largely aimed at supporting the currency rather than reverse its trajectory. Market watchers expect the central bank to stick to this policy as long as the trade war with the… Read More ›
While markets are still grappling with the ill times tweet of Tesla Inc CEO Elon Musk of taking the company private, they also now demand that the billionaire now needs to focus on some of the other challenges faced by… Read More ›
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