The move has put immense pressure on the Tokyo Stock Exchange. With the U.S. and Japan huddling together to block a common foe, China, it is to be seen how Foxconn’s offer, which is $10 billion more than Toshiba’s internal… Read More ›
Economy & Finance
EU to focus on green, risk and infrastructure financing after Brexit
Here’s how the European Commission will steer the bloc after Brexit. The vice president of the European Commission has disclosed that following the Brexit negotiations the bloc will turn its focus towards boosting the green economy, infrastructure and risk finance… Read More ›
Ford to launch 5 new SUV models by 2020
Next year, in 2018 Ford will launch a refreshed version of the Ford Explorer SUV. As per a top executive from Ford Motor Co, the industry wide sales of SUV is likely to continue on its upward swing in the… Read More ›
ECB holds onto quality standards as EU’s states lure London-based institutions
Although financial institutions have yet to publicly acknowledge their relocation to EU states, the migration is on and finer details are being worked out quietly. In what is forming out to be a strategic development, a gap in the financial… Read More ›
In India, Son Set To Clash With Bezos In The Battle For Billions
Heading for a clash in India are Amazon.com Inc. founder Jeff Bezos and SoftBank Group Corp.’s Masayoshi Son. According to people familiar with the matter, a stronger domestic player to compete with the American behemoth is being attempted to be… Read More ›
Economist Says A Global Recession Within The Next 18 Months Has A 60 % Chance Of Beginning
A chief economist at Danish investment firm Saxo Bank said in a TV interview on Monday that as borrowing levels dominate in both China and Europe and “Trump-mania” is set to fade, global growth is expected to slow down significantly… Read More ›
Trump wins round one: China offers concessions to avoid trade wars
The Chinese who have earlier used cyberattack as a means of gaining technological superiority in trade have now offered concessions to avoid a trade war. The Financial Times has reported citing officials familiar with the matter at hand, China is… Read More ›
Google ready to invest $800 million into LG’s Display Co
The strategic move will provide a free flowing supply of OLED displays for Google’s Pixel smartphones. The Electronic Times has reported citing unnamed sources that Google has offered to invest at least $880.29 million (1 trillion won) in South Korea’s… Read More ›
Professor Richard Portes Says Post-Brexit, Both UK And EU-27 Are Going To Be Worse Off
A leading London-based professor says that it may not be the case that the U.K. and the rest of the European Union may want to come out of the Brexit negotiations on a positive note. “Everybody wants win-win, everybody wants… Read More ›
Saying Confrontation Is Not Inevitable, Chinese State Media Cheer Xi-Trump Meeting
A meeting that showed the world that confrontation between the two powers was not inevitable was how the Chinese state media on Saturday described and cheered the meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping. After… Read More ›
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