Although Nissan’s board fired Ghosn as its chairman as well as Kelly as its representative director; technically both are still board members and can be only removed by shareholders. On Wednesday, Nissan’s former director Greg Kelly was examined at a… Read More ›
Geopolitics
GAZ implementing internal measures to for lifting U.S. sanctions
Russian Finance Minister Anton Siluanov has shed some light on ongoing talks between GAZ and the U.S. Treasury Department. On Tuesday, Russian Finance Minister Anton Siluanov disclosed, talks between the Russian government with its U.S. counterpart are underway in order… Read More ›
The chaos in Washington casts its shadow on the economy
Washington’s particular style of functioning appears to be adding to investor concerns and markets across the globe. Partial shutdown of the government, trade wars, open confrontations have added barrels of fuel to the fire. On Tuesday, the greenback fell to… Read More ›
Exxon Mobil halts oil survey survey over confrontation with Venezuela’s navy
Home of the world’s biggest crude oil reserves, production of crude oil in Venezuela, a OPEC member, has reached its lowest levels in 70 years. Guyana’s Foreign Affairs Minister Carl Greenidge stated, the government is “in discussion” with Exxon Mobil… Read More ›
US To Start Trade Talks With Japan With Aim Of Reduce Its $56 Billion Trade Deficit
For Japan, exports are much more than the crucial factor for economic growth – it is also the foundation of growth model of the country and a very crucial and dynamic component that drives the business cycle of the economy…. Read More ›
Federal Reserve Is The As ‘Only Problem’ In U.S. Economy, Says Trump
The US Federal Reserve is the “only problem” for the U.S. economy according to the President Donald Trump even as a rout in stock markets was resulted partly because of the disagreement between the president and the Fed. Reports of… Read More ›
China To Reduce Taxes And Open Up Further For High-Quality Development
In order to maintain high-quality development, China will continue to deepen supply-side structural reform among other measures in 2019, said a statement after the Central Economic Work Conference that was held in Beijing from Wednesday to Friday. This meeting was… Read More ›
US Indicts To Chinese Men In For Commercial Hacking
Two Chinese men have been indicted by the US justice department on charges of them hacking into the computer systems and networks of companies and government agencies in Western countries. It is being alleged that the duo are a part… Read More ›
Despite Trade War, $9bn China Chip Project Planned By Foxconn Nikkei
In the backdrop of the trade war between the United States and China partly because of Washington’s concerns of Beijing’s policies to satisfy its ambition to become a tech giant, about $9 billion would be invested by the largest iPhone… Read More ›
American Retailers On A Buying Spree Because Of US Trade War With China
There is hardly any free space left in American warehouses as traders and retailers are filling them up with Chinese products of all kinds – microwaves, vacuum cleaner filters, swimwear, furniture, said Amy Magnus, head of the National Customs Brokers… Read More ›