While there are a number of reasons why the price of aluminum in the U.S. has shot up so dramatically, if the hefty premiums paid by buyers are an indication of the strong underlying strength of the demand, in most… Read More ›
Geopolitics
Imposition of stiff import duties on aluminum and steel would significantly raise prices of U.S cars and trucks: Toyota Motor Corp
U.S. tariffs on imported aluminum will not only see a cost increase ripple through supply chains of carmakers but also risks retaliation from major partners. On Friday, Japan’s Toyota Motor Corp stated the imposition of stiff tariffs on imported aluminum… Read More ›
China’s growing assertiveness rekindles German fears of foreign firms accessing its high-tech know-how
Geely’s agressive moves to access German sensitive high technology underscores a broader Chinese strategy of one-sided trade: attempts by German companies to gain full control over Chinese companies have repeatedly come to nought since it remains prohibited. China’s Geely’s purchase… Read More ›
U.S. to emerge as the world’s biggest oil producer by 2019: International Energy Agency
Soaring U.S. crude oil production has upended global oil markets since it comes at a time when Russia and OPEC have cut their production volumes in order to slim the glut in the global oil pool. On Tuesday, the International… Read More ›
Consumer Boycott Forces Firms To M Move Away From NRA As A Fallout Of The Florida Shooting
Following the tragic Florida school shooting, calls against companies that have businesses linked to the US gun lobby to be boycotted have been given in the country even as relationship with the National Rifle Association have been cut by an… Read More ›
Entertainment Industry In Saudi Arabia To Get Government Investments Of $64 Billion
In the next decade, $64 billion (£46 billion) would be invested by Saudi Arabia for the development of its entertainment industry, says the kingdom. Just in the current year, pans for about 5000 events are underway that include one by… Read More ›
Britain’s automotive regulations will align themselves with that of the European Union
The move is aimed at protecting Britain’s automotive industry and not disrupt its well-oiled supply chain. Britain’s health minister, Jeremy Hunt stated the country will align its regulations with the European Union’s in some areas, including the automotive sector, after… Read More ›
Jane’s Report By IHS Markit Says External Influence Visible In North Korean ICBM Design
A report from Jane’s by HIS Markit claims that the ballistic missile program of North Korea made use of external knowledge, technology or hardware. Markus Schiller and Nick Hansen, two very highly respected experts in relation to the ballistic missile… Read More ›
‘Failed’ Blockade By Other Arab Nations Criticized By Qatar Air, Wants Trump To Intervene
The chief executive of Qatar Airways has claimed that the Saudi-led blockade and ostracization of his country had “failed in every aspect.”. This criticism of the measures against Qatar by the four other Arab states was done by the executive… Read More ›
General Motors proposes debt for equity swap to continue to operate its plants in South Korea
It is yet to be determined how the proposal will impact Korea Development Bank, a state run bank, which holds a 17% stake in GM Korea. According to 4 sources with direct knowledge of the matter, General Motors has offered… Read More ›
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