A more aggressive pricing strategy for the super jumbo jet is likely to boost sales. IAG’s CEO disclosed the airliner would consider purchasing more A380 jets if Airbus were to lower their prices. “The pricing that Airbus has offered in… Read More ›
HR & Organization
Lobbyists, business groups and farmers urge Republican lawmakers to vote against higher import tariffs on steel and aluminum
Although the reasons why the U.S. Administration is pushing for higher import duties on steel and aluminum may be justified, it will have to time the imposition of tariffs since trade wars and higher import tariffs don’t gel well in… Read More ›
Businesses will be able to avail of lower import tariffs
Peter Navarro, director of the White House National Trade Council, has clarified that the Trump Administration’s imposition of stiff trade tariffs will include exceptions for businesses for lower import tariffs on aluminum and steel. A top trade adviser to U.S…. Read More ›
Fate of GM Korea’s Gunsan plant to be decided this week
While 15% of employees, 941 of 2,000 workers, have opted for GM Korea’s generous redundacy package, this week Seoul will have to decide on whether it is willing to risk taxpayer’s money to bail out the loss making plant. Union… Read More ›
Trump’s proposed steel tariffs complicates NAFTA negotiations
The business of manufacturing cars in North America for North Americans is going to be an expensive affair, post Trump’s steel tariff hike. Negotiators working to rework the NAFTA trade deal were caught off-guard by U.S. President Donald Trump’s proposal… Read More ›
Aluminum premiums hit 3 year high
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 ›
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 ›
Bankruptcy of Nirav Modi’s Firestar Diamond in the U.S. draws early interest from potential buyers
Firestar Diamond and its affiliates had shown around $90 million in annual sales in the previous year. Its bankruptcy filing documents reveal some interesting tidbits including its corporate structure and the fact that it is talking with lenders for debtor-in-possession… Read More ›
William Ackman’s Pershing Square Capital Management building stake in United Technologies
William Ackman has let it be known that Pershing Square has reversed its position vis-a-vis Herbalife and is now building up a position in aircraft parts maker United Technologies Corp. Despite the fact that 6 years ago William Ackman, billionaire… Read More ›
Sam’s Club partners with Instacart for delivering groceries to shoppers
Shopper can buy a wide range of goods and groceries, even without a Sam’s Club membership, and have it delivered it to them within the hour. Incidentally, the online grocery market in the U.S. is expected to grow $41.7 billion… Read More ›
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