This is the second instance wherein systemic changes brought in by former President Barrack Obama in the wake of the 2007-2009 financial crisis is being dismantled. In a landmark judgment, a federal appeals court has struck down the U.S. Department… Read More ›
The President of the U.S. Chamber of Commerce has warned that while the Trump Administration was right on it’s focus on China’s industrial policies and unfair trade practices which unfairly impacts the U.S. economy, the current tariffs approach will do… Read More ›
Saddled with 750 billions euros in sour loans, ECB’s guidelines had wanted banks to hike up their provisions against these non-performing assets. On Thursday, the European Central Bank stated although its guidelines on the treatment of non- performing assets of… Read More ›
It is to be seen how the Trump Administration will go about achieving its goal of balancing trade between the two economies. Although a spokeswoman clarified on Trump’s tweet to even out this trade surplus, a lot more clarity will… Read More ›
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 ›
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 ›
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 ›
The deal will see Kongsberg Gruppen supply military vehicles, weapons technology and help in the digitization of 490 armored vehicles. On Tuesday, Kongsberg Gruppen, a Norwegian defense contractor disclosed it has signed a letter of intent to supply equipment for… Read More ›
The elevation of key human resource personnel to Novartis’s board suggests that Vas Narasimhan is aiming to turn a new leaf at the Swiss pharmaceutical giant. Vas Narasimhan, Novartis’s new CEO is strategically changing the leadership in the Swiss drugmaker…. Read More ›
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 ›
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