The embattled Canadian train and plane maker is weighing its options to reduce its footprint from the aerospace market. It is eyeing a sale as well as potential partnerships. Bloomberg reported, Canadian airplane and train maker Bombardier Inc is exploring… Read More ›
Any form of reactionary based out of its domestic policy on the international theatre is likely to have significant impact on not only the U.S. economy but on regions surrounding Iran. On Saturday, Germany’s foreign minister warned that the U.S…. Read More ›
Although the U.S. aim could be portrayed as being noble and patriotic – that of reducing the U.S. trade deficit, – the demands of negotiators however risk risk derailing the highly integrated supply chains that U.S. manufactures depend on; it… Read More ›
The dispute stems from the union’s demand that GM designate the plant as the lead production site for its Chevrolet Equinox model in North America. General Motors Co has stated it has reached a tentative labor agreement with striking workers… Read More ›
Airbus has yet to find any suppliers in its global supply chain who’s affected by the Kobe Steel scandal. As per a spokesman from Airbus, although the company does not source its products directly from Japan’s Kobe Steel, nevertheless, it… Read More ›
Here is how EU’s leaders plan on breaking the deadlock in the Brexit negotiations. Leaders from the European Union may extend an olive branch to British Prime Minister Theresa May in the deadlocked Brexit negotiations next week. The move could… Read More ›
The deal puts in place a system to tackle a shortfall of cash in case of any emergency and adds to existing financial safety nets. On Friday, South Korea stated it has agreed to extend a currency swap deal, which… Read More ›
Boeing, the world’s biggest maker of passenger jets, is investigating how the false certification will impact its aircrafts. As for aluminum composites, although Boeing does not source them directly from Kobe Steels, its key Japanese suppliers, including Mitsubishi Heavy Industries,… Read More ›
It’s best to prepare early if there’s a change coming, believes Alibaba Executive Chairman Jackc Ma. Fending off competition on its home turf from online marketplace eBay well in its early days, that philosophy served Alibaba, now a Chinese e-commerce behemoth. “When we see… Read More ›
China has countered the U.S. trade move by saying they are not in synch with existing WTO rules. On Thursday, Gao Feng, the spokesperson from China Ministry of Commerce, stated that the trade rules created by the European Union against… Read More ›
