Airlines for America (A4A) has forecast nearly a doubling of passengers carried by U.S. airlines this spring. According to a forecast by a U.S. airlines industry trade group, starting this spring the sector is set to carry an all-time high… Read More ›
Economy & Finance
Donald Trump aims to target Chinese IT, consumer electronics and telecom goods in latest push to balance bilateral trade
While the U.S. Administration’s effort to reign in China’s aggressive trade policy which aims to subplant foreign technologies with domestic ones, it will have to streamline its apprach since its imposition of metal tariffs have largely undermined support from Europe…. Read More ›
U.S. President Donald Trump blocks Broadcom Ltd’s acquisition of Qualcomm Inc
The strategic move by U.S. President Donald Trump, on national security concerns, effectively blocks China’s Huawei from being a dominant player in the emerging 5G mobile cell phone technology and allows other major players level-playing grounds in the setting up… Read More ›
Indian Tariffs on Solar Panels Ultimately to Hurt India’s Solar Targets?
A target of generating enough solar power to provide energy to 16 million homes by 2022 is a target for India which would transform the country in a solar power house. While offering financial incentives to companies building solar panels,… Read More ›
Trade War With U.S. Would Be A ‘Disaster’ For Global Economy: China Says About Trump Tariffs
China continued with its criticism of import tariffs on steel and aluminum imposed by U.S. President Donald Trump even as its commerce minister Zhong Shan said that the world economy would suffer because of its trade war with the United… Read More ›
Samil PricewaterhouseCoopers starts due diligence on GM Korea’s troubled unit
While the due diligence will decide the fate of GM Korea, already 2,500 workers, amounting to nearly 15% of the plant’s staff, have opted for a redundancy package, as part of a strategic restructuring. On Monday, an official from South… Read More ›
Crude oil prices edge up on a drop in U.S. drilling activity
The general U.S. oil drilling trend shows that it is set to become the world’s no.1 oil producer. On Monday, two factors contributed in the rise of oil prices. The first was the drop in production of U.S. rigs drilling… Read More ›
Increase In U.S. Growth Rate Of Jobs In February
While the rate of job creation in the US increased in the month of February, there was a slowdown in the annual rate of wage growth. According to official figures, expectations of the jobs growth by analysts were surpassed as… Read More ›
South African Hops Becoming More Popular With Craft Brewers
Craft brewers around the world are now feverishly seeking hops from South Africa’s Western Cape. But given the hot and dry climate of the region, growing hops in South Africa is a near impossibility. However, the odds have been thrown… Read More ›
2017 Eurozone Growth Fastest In A Decade At 2.3 Per Cent
The economic growth rate for the 19-member eurozone saw a growth of 2.3 percent year-on-year for the fiscal year of 2017, according to official data which was released by the economic block earlier in the week. The registered rate of… Read More ›