The change in leadership comes at a time when the U.S. chemicals producer is in the process of breaking up its units into 3 distinct businesses. On Monday, the Wall Street Journal reported, Andrew Liveris, U.S. chemicals producer DowDuPont Inc’s… Read More ›
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 ›
The move could potentially see Uber pull back from its global expansion drive. As per a source with knowledge of the talks, Grab, Southeast Asia’s biggest ride-hailing firm, is in advanced negotiations with Uber Technologies to acquire some parts of… Read More ›
Members of Goldman Sach’s derivatives and debt capital markets teams, working on German accounts, have been told to relocate to its offices in Frankfurt. According to two sources with knowledge of the matter, Goldman Sachs has put more than 2… Read More ›
The services of London-based financial services, including funds, banks and insurers are likely to be capped in their access to EU’s single market regime. Bloomberg has reported, citing a draft document, that the European Union plans on providing British-based financial… Read More ›
With GM’s major restructuring, consumers have preferred high-end German engineering to one whose after-care services residual value is uncertain. German engineering is making history in South Korea: for the first time, BMW and Mercedes vehicles have outsold those from General… Read More ›
The European Commission has readied a list of U.S. products which could see a rise in import duty if the U.S. Administration delivers on its threat of imposing 10% import duty on EU aluminum and 25% import duty EU Steel…. Read More ›
A more aggressive pricing strategy for the super jumbo jet is likely to boost sales. IAG’s CEO disclosed the airliner would consider purchasing more A380 jets if Airbus were to lower their prices. “The pricing that Airbus has offered in… Read More ›
Creditors are of the opinion that Etihad, Air Berlin’s parent, should have taken care of its issues such that it need not have gone to administration. As per a source close to the matter at hand, Air Berlin’s creditors are… Read More ›
Although the reasons why the U.S. Administration is pushing for higher import duties on steel and aluminum may be justified, it will have to time the imposition of tariffs since trade wars and higher import tariffs don’t gel well in… Read More ›
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