The U.S. luxury carmaker, which generated 17% of its 2017 sales from China, could relocate some of its carmaking activities to China. In response to the burgeoning U.S.-China trade war, Tesla has become the first automaker to raise the prices… Read More ›
Tencent Music aims to raise $4 billion in its U.S initial public offering (IPO), thus valuing the company at $25 billion. On Monday, China’s Tencent Holdings Ltd, stated it intends to spin off and list its online music business in… Read More ›
The strategic deal will strengthen New Zealand’s diplomatic ties to the United States and underscores the government’s will to vigorously increase patrolling and surveillance operations in the region. On Monday, New Zealand’s Defense Minister Ron Mark stated, New Zealand has… Read More ›
The deal could potential the creation of a new company controlled by Boeing which will focus on commercial aviation while Embraer would stick to creating business jets and aircrafts for defense. As per a report by Brazil’s largest financial newspaper… Read More ›
Market sentiments are likely to be choppy ahead of July 6 – the date on which the United States is set to impose additional tariffs on Chinese goods worth $34 billion. Following China banning the sale of Micron Technology’s chip… Read More ›
The move will not only ease U.S. concerns of Japan’s trade surplus with Washington but will also strengthen the country’s defenses against its foes. Japanese military planners see North Korea as an immediate source of danger and perceive China’s growing… Read More ›
From a purely commercial perspective, blocking China Mobile from accessing the U.S. market is unlikely to make any material impact since the bulk of its income is derived from the domestic market. A post by the U.S. National Telecommunications and… Read More ›
The downturn of the Chinese yuan underscores investor concerns vis-a-vis the growing trade row between the United States and China. On July 6, U.S. tariffs on $34 billion worth of Chinese goods are set to kick in. On Tuesday, according… Read More ›
A hike in tariffs on EU’s automotive exports to the U.S. will not only impact the U.S. GDP by $13-$14 billion and bring no improvements to its current account balance it will also cost the United States 120,000 jobs. Slapping… Read More ›
The development is an outcome of the trade dispute between the United States and China. Incidentally, REC Silicon’s Montana plant will not be affected by this lay off. On Monday, Norway’s REC Silicon stated it would slash its workforce by… Read More ›
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