After TSCM, one of the largest chip suppliers for Apple’s iPhones brought down its target for the complete year at the end of last week, another supplier for the iPhone maker AMS.AG cautioned investors on possible negative operating margins which… Read More ›
While China has been loquacious about economic reforms and opening up its domestic sector to foreign players, its actions on the ground reflect broken contracts and non-compliance of WTO rules. On Tuesday, the U.S. consul general of Macau and Hong… Read More ›
The strategic divestiture is aimed at increasing its focus on its consumer business. On Tuesday, Whirlpool Corp, a U.S. home appliance maker, disclosed it has agreed to divest its Embraco compressor business to Japan’s Nidec Corp for $1.08 billion. The… Read More ›
The United States sanctioned Chinese telecom equipment maker ZTE after it was caught illegally shipping U.S. goods to Iran. With the United States banning ZTE Corp from selling its components to U.S. telecom equipment makers for seven years, Chinese funds… Read More ›
Experts are reacting to the unprecedented rise in cybercrime, to verify whether the promises of furthered security are on the level, in our current world where cash operations have yielded much of their place to e-wallet payments. Despite the appearance… Read More ›
Bayer has already received approval from the EU, Australia, Brazil, China; Russia now adds to this list. In a development that aids Bayer’s $66 billion acquisition of Monsanto, it has now got approval from FAS, Russia’s antitrust regulator, for its… Read More ›
Wells Fargo is readying to pay the fine as two U.S. regulators had found inconsistencies at its auto lending and mortgage business. As per a source familiar with the matter at hand, Wells Fargo & Co is likely to agree… Read More ›
The strategic move by the Trump Administration is aimed at rationalizing the treatment of business investment in the United States. As per a senior Treasury official, the U.S. Department of the Treasury is weighing options to restrict investments by Chinese… Read More ›
The International Monetary Fund has officially declared India to be the world’s sixth largest economy as it displaced France with a narrow margin to gain the coveted position in the global economy. the United States, China, Japan, Germany and United… Read More ›
These are only the results of the preliminary enquiry, a final determination in the countervailing duty is to be announced on August 30 2018. In a significant development that adds to the growing numbers of reasons behind the Trump Administration’s… Read More ›
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