Fears of trade wars and with lower demand from China are some of the significant variables in the cooling of Germany’s exports of industrial automation and robotics. On Tuesday, Germany’s VDMA, a mechanical engineering association stated, sales of automation equipment… Read More ›
Mexico can fallback on the EU to source its pork or it could also get them from Canada. In 2017, Mexico imported 840,000 tonnes of pork. On Tuesday, according to two sources with direct knowledge of the matter at hand,… Read More ›
Rising fuel costs and geopolitical tensions along with a host of other factors are adding to the risks of the airlines industry, despite a stronger global economy pushing up passenger yields. On Monday, airline operators across the globe have slashed… Read More ›
Emerging economic data of the U.S economy has so far managed to keep trade wars and related fears at bay. All eyes are now on the outcome of the G7 meeting in Quebec and that of the Federal Reserve, scheduled… Read More ›
Saudi Arabia’s Crown Prince who has initiated a spree of social and economic reforms in the kingdom has been warned for his “sinful projects” by Al-Qaeda in the Arabian Peninsula. The warning was published in a bulletin released on Friday. Some… Read More ›
Salzgitter is the second largest steel producer in the EU. On Friday, Germany’s second-largest steelmaker, Salzgitter said, it expects U.S. steel tariffs to have limited impacts on its business. “Our direct exposure is small,” said Salzgitter’s spokesman while declining to… Read More ›
Although Trump’s ‘America First’ policy looks good on paper, the way it is being implemented could see more than 2 million jobs being lost n the very states that voted for Trump and his candidates. Following the imposition of stiff… Read More ›
The requests came on the sidelines of the G7 finance ministers meeting in Canada. As per a senior official from Japan’s ministry of finance, Tokyo has called on the United States to join its efforts in stopping Beijing from making… Read More ›
Global investors are apparently freaked out by the political crisis in Italy. There were demands by investors for higher returns against them taking on Italian government debt even as there was a downslide in the global markets on Tuesday. There… Read More ›
South China Sea, the region where China has managed to create significance military presence, would be continued to be challenged by the United States, said the country’s defence secretary Jim Mattis. U.S. wants to challenge the territorial claims that China… Read More ›
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