Results of a survey by two business lobby groups shows that at least 75 per cent of all of the Unites States based companies operational in China are expecting to get hit by the escalating trade between the countries even… Read More ›
Economy & Finance
WEF Foresees 4th Industrial Revolution, AI, Robotics To Dominate
According to the World Economic Forum (WEF) founder and executive chairman Klaus Schwab, it strongly recommends the promotion of the fourth industrial revolution and believes that all of its efforts should be focused on the maintenance of the multilateral trading… Read More ›
New York has become the world’s most attractive financial center
Brexit has cost London the title of the world’s most attractive financial center. According to the results of a survey released on Wednesday, New York, United States, has overtaken London as the world’s most attractive financial center following Britain’s decision… Read More ›
EU should play a more influential role internationally: EU President Jean-Claude Juncker
Is it not absurd that Europe pays 300 billion euros a year in US dollars while importing only 2% of its energy imports from the U.S.? On Wednesday, European Commission President Jean-Claude Juncker called on the European Union to promote… Read More ›
Greenland picks Denmark for airport projects over U.S. and China
Greenland aims to expand its airports so as to cater to direct flights between Europe and North America. Incidentally, the decision has a strategic angle attached to it as well. Greenland has picked Denmark as a partner for its… Read More ›
Trump aims to bring down oil prices ahead of Nov. 6 Congressional elections
U.S. & Saudi energy ministers are scheduled to meet in Washington to discuss ways to boost output and lower global oil prices. On the negotiating table is Saudi Arabia’s long demand for a civilian civil nuclear cooperation which will enable… Read More ›
Chinese airlines likely to spend $1.2 trillion for purchasing 7690 planes up to 2037: Boeing
China will also need spend $1.5 trillion to service its fleet of aircraft. On Tuesday, Boeing Co forecast, in the next two decades, Chinese airlines are likely to $1.2 trillion to purchase 7,690 planes. This current estimate which goes up… Read More ›
Aston Martin’s IPO set to launch in early October
Under Andy Palmer, Aston’s CEO, the carmaker has undergone a turnaround plan. It has projected its volumes to rise between 6,200 to 6,400 vehicles in 2018; and aims to ramp up production by 10,000 vehicles in 2020. On Monday, 105-year… Read More ›
China vows response to U.S. tariffs threat
U.S. President Donald Trump has threatened to slap tariffs on all Chinese exports to the U.S. On Monday, a spokesman for China’s foreign ministry stated, Beijing will respond if the United States was to take any further steps on trade…. Read More ›
China’s trade surplus with the U.S. at record high in August 2018
The trade data could further push Washington to impose the next slab of tariffs on U.S. import of Chinese goods worth $200 billion. Customs data disclosed on Saturday showed China’s trade surplus with the United States has widened to a… Read More ›
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