The current round of Nafta talks are proceeding with a certain degree of civility, according to some participants, even though there has not been much progress in the negotiations in Mexico to restructure the pact due to tough stand taken… Read More ›
Geopolitics
While Leaving Much More To Do, Some Progress Made At Bonn Climate Summit
Even as the global climate change summit in Bonn drew itself close to its end, representatives from multiple countries all across the world seemed confident that important progress was being made in transforming sustained political commitment into action in the real… Read More ›
VW’s board weighs allocation of $82.5 billion across the next 5 years for electric cars
One of the burrs that needs to be ironed out is Lower Saxony’s influence: not only is the state VW’s second biggest shareholder it is also its home state; Brexit related scenarios are also likely to add to the existing… Read More ›
19 Countries Get Together To Pledge Not To Use Coal – Seen As A ‘Political Watershed’
The UN climate summit in Bonn, Germany, has seen 19 countries getting together to commit quick phasing out of coal in a new alliance. It is being expected that this is the signal of the end of the dirtiest fossil… Read More ›
Australia to enact law to safeguard its institutions against foreign influences
China has been accused, although it has promptly denied, of trying to influence Australia’s political system and systemic government institutions. On Tuesday, Australia said it plans on introducing reforms, by the end of this year, to combat covert political influence… Read More ›
Mexico preparing contingency plans if Trump exits NAFTA
The IMF has suggested that Mexico should go ahead with structural economic reforms, including diversifying its economy. Currently 80% of Mexican exports are shipped to the U.S. A Macro-economic response that reassures investors appear to be Mexico’s best bet out… Read More ›
China lifts rules on foreign ownership for financial firms
Although this move appears to show China opening its economy up to foreign funds, business expertise and technology, it is to be seen whether these promises will bear fruit or be like the IPO of Chinese companies in the U.S…. Read More ›
Hyundai Motor mulling U.S. production of pickup truck and SUV: Seoul Economic Daily
Hyundai Motor is yet to take a final call on producing the pickup truck and SUV in Alabama. On Friday, Seoul Economic Daily reported, Hyundai Motor Co intends to build its Kona and Tucson sport utility vehicles (SUV) and pickup… Read More ›
Qualcomm signs 3 non-binding MOUs with Oppo, Xiaomi and Vivo
The potential deals were signed during U.S. President Donald Trump’s visit to Beijing. Their potential worth is difficult to assess since they are non-binding. On Thursday, the U.S. State Department stated that Qualcomm Inc has signed potential deals worth $12… Read More ›
Goldman Sachs and China Investment Corp sign agreement for industrial collaboration
The agreement, signed on the sidelines of Trump’s visit to Beijing, covers a whole range of industries which can have or can develop business connections with China. On Thursday, The U.S. State Department released a statement saying Goldman Sachs and… Read More ›