There is a rethinking among cities in the United States that at one point in time were against startups dealing in renting of electric scooters and as reports say, the authorities view is slowly turning to positive. There were strict… Read More ›
Economy & Finance
Amsterdam To Be The New European HQ Of Panasonic Instead Of UK
The European headquarters of the Japanese electronics company Panasonic would be moved away from the UK to Amsterdam in October because of Brexit concerns. Panasonic Europe’s chief executive Laurent Abadie said that the main aim of the move is to… Read More ›
U.S. trade relations improve with EU, Mexico and Canada
In what is likely to be a strategic move, the United States has moved quickly to reach new trade deals with Mexico, the EU and Canada and in doing so it can then focus its energies on China, which is… Read More ›
The EU must prepare for a no-deal Brexit: Michel Barnier
While Michel Barnier garbed the warning saying the EU must be ready for any eventuality, it comes in the wake of British Prime Minister Theresa May saying a no-deal “wouldn’t be the end of the world”. Although her comments were… Read More ›
Select countries get relief from U.S. tariff hikes for aluminum and steel
The U.S. Commerce Department has stated Trump has signed proclamations permitting relief from U.S. tariffs on aluminum and steel for a select few countries. As per the U.S. Commerce Department, U.S. President Donald Trump has signed proclamations which permit targeted… Read More ›
China’s Fosun To Continue With Overseas Deals Despite Trade War
Following its emergence from the scrutiny of Chinese regulators over debt-fuelled shopping abroad by Chinese conglomerates, the Chinese firm Fosun International claimed that it still plans to conduct overseas acquisitions. The firm announced that the planned acquisitions would be targeted… Read More ›
Deutsche Bank to maintain global presence
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 ›
Indonesia and Australia set to announcement completion of negotiations for CEPA this Friday
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 ›
Zhejiang Geely Holding Group Co to augment capacity of its Ningbo plant by 250,000
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 ›
Tesla Could Be A Bad Bet From An Investor Point Of View
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 ›
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