Earlier comments published by the Financial Times suggested that BMW would move out of Britain due to Brexit-related supply chain disruptions.This report clarifies on that. On Tuesday, BMW’s special representative in Britain stated the automaker is not considering moving its… Read More ›
China’s Huawei Technologies Co Ltd, the world’s biggest maker of telecommunications network equipment, is increasingly finding it difficult to break into the U.S. and Australia telecommunication market on security concerns. A report by Australian think-tank Australian Strategic Policy Institute (ASPI)… Read More ›
The remotely piloted aircraft, made by U.S.-based Northrop Grumman Corp, will beef up the country’s long range operations, marine patrols and intelligence gathering. On Tuesday, Australian Prime Minister Malcolm Turnbull stated, Australia will purchase 6 U.S. Triton remotely piloted aircraft… Read More ›
France’s Total SA, a big player in the global LNG market, is positioning itself strategically across the length of the LNG supply chain – from production, liquefaction to shipping and sales, to reap the growing bounty. The global natural gas… Read More ›
Between the intervening time period from the third quarter of 2016, the time soon after the Brexit referendum, and the first quarter of 2018, there has been a loss of £35 billion ($46 billion) in output in the UK economy… Read More ›
The long-awaited debt relief deal for Greece to which the Eurozone countries have agreed to has been hailed as “historic”. The deal enhances the grace period for which Greece will pay little or no interest and also allows Athens greater… Read More ›
Describing the trade tensions between the United States and China as the biggest challenge the Taiwanese company Foxconn is facing, the world’s largest electronics contract manufacturer has said that the two countries ate are engaged in a technology war and… Read More ›
Airbus has warned the UK government about the “severe negative consequences” of Brexit which could force the aerospace giant to exit Britain. The government has said that it will hold discussions with the company. It has been two years that… Read More ›
Investor appetite in commodity-linked currencies is thin midst the series of body blows from the U.S. that is acting as shock waves to global trade. On Monday, a rally in the Euro gave way to the dollar, which edged up,… Read More ›
For Saudi Arabia and non-OPEC Russia, it has almost become a near-consensus proposal that oil production would be increased by about 1 million bpd, or around 1% of the global oil supply. Apparently, Saudi Arabia has been able to convince… Read More ›
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