The head of the automotive trade body in UK has warned that the car industry there is not ready for taking on the Brexit challenges. This amidst renewed concerns over cross border trading with the Europe because nine out of… Read More ›
Economy & Finance
The Only Cause Of Worry For Chinese Economy Is Not The US Trade War
Analysts claim that the economic health of China is in a far worse shape than is suggested by its economic figures even before the economy is to feel the complete impact of US tariffs. A national inflation-adjusted growth rate of… Read More ›
BMW to invest $1.17 billion in a auto plant in Hungary
A home to premium carmakers, the move will strengthen Hungary’s economy. In a strategic move, BMW stated, it will be investing $1.17 billion (1 billion euros) for a new car factory in eastern Hungary. The move is likely to add… Read More ›
Solar panel glut leading to more cost effective installations globally
The glut has not only significantly diluted the impact of Trump’s tariffs but has also led to solar panel makers consolidating and expanding their market footprints through volume rather than margins. In recent weeks, the steep decline in the prices… Read More ›
British auto industry will face significant disruption in case of a cliff-edge Brexit
The Society of Motor Manufacturers and Traders (SMMT) has made it amply clear to the British government that a no-Brexit deal is not an option. On Tuesday, Britain’s automobile industry group made it lucidly clear to the government that a… Read More ›
Alibaba’s Ele.Me Wants Leadership Position In Chinese Online Food Delivery Market
The Chinese food-delivery market is likely to see a direct fight between Chinese e-commerce giant Alibaba and tech giant Tencent. The former is reportedly setting aside hundreds of millions of dollars which it intends to put to use this summer… Read More ›
EU Warned By UK Of Tit-For-Tat Steps On Financial Sector Post Brexit
If the European Union does not change its stance on the City of London after Brexit, then there could be regulations for about 7,000 European-based investment funds which depend on British clients for their cash and profits, warned the UK negotiators… Read More ›
Caterpillar Beats Market Estimates For Q2, Increases 2018 Profit Outlook
Caterpillar Inc beat market expectations on earnings for the results in the second quarter driven by a good demand in the global equipment market. The company also upgraded its profit outlook for the complete the year. An adjusted profit of… Read More ›
US Steel Industry Feeling Elated With The Trump Trade Tariffs
An 18 per cent increase in prices resulted in record revenues for US frim Reliance Steel & Aluminum (RS). At the same time, the second best quarter in its history was recorded by another US firm Nucor (NUE). “All in… Read More ›
Forex investors and analysts awaiting key decisions by central banks, set for this week
The forex market promises to be turbulent in the near term. On Monday, with investors shying away from taking any big position ahead of the central bank monetary policy meetings this week, currencies in the forex market stuck to familiar… Read More ›
manageria.biz 