General Dynamics will be the principal contractor for the sale. The Pentagon has disclosed that the U.S. State Department has approved the potential sale of more than 20 armoured recovery vehicles, 130 Abrams battle tanks, and other equipment to Saudi… Read More ›
The $2 billion dollar is seen as a “game changer” by electric vehicle charging companies thus they wants its usage overseen by an independent regulator. As part of the penalties imposed on Volkswagen wherein it will have to spend $2… Read More ›
Although surveys have painted a gloomy picture of the British economy, British finance minister has downplayed their results saying these are gauging only sentiments and not manufacturing activity. According to surveys, Britain appears to be headed for a recession. British… Read More ›
BMW is already heavily invested in the country with Thailand being its top export hub in the region. As per Thailand’s Industry Minister, BMW is considering setting up a new factory which will manufacture batteries for hybrid vehicles in the… Read More ›
China has been struggling with overcapacity, especially in the steel sector. The European Commission has announced that it could change the way it calculates unfair subsidies and dumping in response to China’s demand that it be treated like a normal… Read More ›
Here’s BlackRock’s take on Brexit. As per BlackRock, in the coming years, it is likely that Britain will face a recession and its growth rate trimmed by at least 0.5% point as a result of Brexit. “Recession is now our… Read More ›
Although she has made her intentions clear saying “Brexit means Brexit”, she will she have to get the numbers in order to pass act of parliament that will kickstart the leaving process. Theresa May, 59, Britain’s Interior Minister, is set… Read More ›
There would be no turning back from the decision to leave the bloc and the U.K. is expected to kick off its European Union (EU) exit negotiations as soon as a new prime minister is in place, said German Chancellor… Read More ›
The upcoming summit could potentially sooth strained following Brexit. Ahead of the China-EU summit, Cecilia Malmstrom, the EU’s trade Commissioner, was of the opinion that upcoming planned investment deals could boost the level playing field for European and Chinese companies…. Read More ›
As stated earlier by Pro Brexit campaigner Boris Johnson, the British government should fully disclose to its citizens the impact that Brexit will have on their nation in simple economic terms. Britain’s historic decision to leave the European Union could… Read More ›
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