Although earlier it was unthinkable for Toyota to sell electric vehicles, its current strategy tops that since it involves selling EVs that are derived from its’s Chinese partner’s vehicle which do not feature is triple-oval logo. This is the extent… Read More ›
Economy & Finance
China prefers no escalation in Sino-U.S. ties during negotiations
With a bulging trade surplus with the U.S., China has potentially much to lose if the trade conflict escalates into a trade war. Furthermore, since its military might is dependent on a booming economy, its efforts at maintaining a calm… Read More ›
Boom times for car sales in the EU and in the European Free Trade countries
Thanks to more business days, car sales are shooting up. According to industry data published on Thursday, in April car sales in the European Union have shot up by 9.6%, led by Toyota, Hyundai and Ford Motors. As per Brussels-based… Read More ›
Warning Of Damage Due To Trade War Signaled By Germany’s Growth Slump
An increase in protectionist rhetoric might just have started to get reflected already in first signs of damage to Europe’s economy amidst increasing trade tensions between the European Union and the United States. A quarter on quarter growth of just… Read More ›
Cross-border derivatives contracts worth $35 trillion hangs in Brexit’s balance
ESMA and regulators across the EU are keeping a hawk eye on the mountain of cross border derivative contracts that go beyond Brexit. According to a top regulator from the European Union, the EU may not have enough time to… Read More ›
Acquisition central to Deutsche Boerse’s growth strategy: CEO Theodor Weimer
Theodor Weimer has however ruled out any mega deals. Deutsche Boerse’s new CEO, Theodor Weimer, who took office since the start of 2018, essentially told shareholders that he is on the lookout for future acquisitions and that it is one… Read More ›
Agreement On Greek Debt Needs To Be Achieved By Next Week: IMF
An agreement needs to be reached quickly between the International Monetary Fund (IMF) and the Greek government and the creditors of the country in Europe so that there is enough time at hand with the Fund to be able to… Read More ›
New Program In China To Lure Back Home Its Largest Tech Companies
China wasn’t that its biggest companies should come back home. Stock exchanges outside of china have been chosen by some of the largest companies in China to launch IPOs in recent years. New York is the place where Alibaba and… Read More ›
U.S. Supreme Court legalizes sports bettings
The market for legal sports betting could range between $1.2 billion and $57.6 billion of total wagers, with proceeds for gaming operators between $62 million and $2.9 billion. With the U.S. Supreme Court paving the way for U.S. states to… Read More ›
New Low Hit By Argentine Peso; Close To 25 Per Dollar
In spite of the efforts of the Macri government in Argentina and the International Monetary Fund to support and boost the financial position of the country, there was a further fall in the value of the country’s currency – peso,… Read More ›