Given the intertwined nature of the airplane industry, FACC sees no danger to its business due to the U.S.-China trade war. Brexit though is another story, since it could rip apart existing supply chains. China-owned Austrian aeroplane parts maker FACC… Read More ›
The development comes in the wake of U.S. President Donald Trump’s imposition of metals tariffs on the bloc. On Friday, according to a filing in the European Union’s official journal, the EU is set to impose import limits on steel… Read More ›
The SPV underscores the EU’s intent to stick to the 2015 Iran nuclear deal. At the onset, this alternative clearing house will focus on food, aid and humanitarian needs rather than on trade. On Thursday, in a significant development, two… Read More ›
The 4 -year loans were raised in Dec, 2018 and Jan 2019. On Thursday, Interfax news agency stated citing company data, Russia’s state gas producer Gazprom has raised $1.06 billion (925 million euros) vide two loans from Mitsubishi UFJ Financial… Read More ›
The drop in its operating profits as well as the decline in its quarterly revenues are in line with its previous estimate. On Thursday, South Korea’s LG Electronics Inc reported a 80% drop in its operating profits, from a year… Read More ›
China has done little to address core U.S. concerns on respecting and adhering to international standards on intellectual property rights and forced transfer of U.S. technology to Chinese firms. Unless there is a verifiable way to ensure Beijing sticks to… Read More ›
Making commitments and reneging on them appears to be part of the unscripted, Shakespearean Brexit drama that is threatening to ravage the British economy. A second referendum seems increasingly more inviting given the prospects of increased clarity that will stem… Read More ›
The European Court of Justice is to decide whether the provisions of the EU-Canada FTA on investment protection are tenable in within the ambit of EU law. On Tuesday, Advocate General Yves Bot recommended to the European Court of Justice… Read More ›
Saudi Arabia’s PIF used an equity collar to reduce its exposure to price movements of Tesla’s shares. As per a report by the Financial Times, Saudi Arabia’s Public Investment Fund (PIF) has reduced its exposure to Tesla Inc. Saudi Arabia’s… Read More ›
The total insurance loss for 2018 has touched $12.4 billion.
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