A news report published in The Wall Street Journal claims that orders for the newest of the iPhones is being curtained by Apple Inc. The report cited sources who claimed that this was because of weaker than expected demand for… Read More ›
Regulations & Legal
Nissan Chairman Carlos Ghosn To Be Ousted On Charges Of Falsification Of Compensation
Following allegations of some serious offences and misconduct which had violated Japanese financial trading law, Japanese car maker Nissan is set to ouster its Chairman Carlos Ghosn from his position as the chairman of the company after being recommended by… Read More ›
Mark Zuckerberg Pressurised To Step Down By Facebook Investors: Report
There has been an increase of pressure on the Facebook CEO Mark Zukerberg to resign from his position by its investors following a news report published in the New York Times where it has been alleged that the largest social… Read More ›
Saudi Arabia Oil Shipment To US Being Lowered To Increase Price
In a move that apparently tallies with the unannounced decision to cut down on shipment of crude to shore up global oil prices, shipments of oil to the United States are being slashed by Saudi Arabia. Representatives of the oil… Read More ›
Headwinds Could Hit US Economy Next Year, Cautions The US Fed
The US Federal Reserve Chairman Jerome Powell said that the central bank needs to think about the speed at which interest rates are to be raised because of some potential headwinds that are on the way to hit the US… Read More ›
Global trade facing heightened risks from new cold war: French finance minister Bruno Le Maire
One of the ways out of this pickle is to reform the World Trade Organization, opined French finance minister Bruno Le Maire. On Friday, French Finance Minister Bruno Le Maire stated, the world is facing a cold war over trade…. Read More ›
Rolls Royce continuing with Brexit contingency plans: CEO Warren East
Rolls Royce is focusing its efforts to continue doing business irrespective of the manner Britain departs the EU. On Friday, Britain’s airplane engine maker Rolls-Royce stated, it was continuing with its contingency plans vis-a-vis Brexit. The development comes midst growing… Read More ›
France preparing to install transport and customs measures as a failsafe to Brexit deal
With 4 lawmakers resigning from British Prime Theresa May’s government, the draft Brexit-deal is in peril. On Friday, French Transport Minister, Elisabeth Borne stated, France is preparing various measures, including those dealing with customs checks and controls at ports, in… Read More ›
Italy Denies To Change Budget Proposal And Meet EU Directions
The stalemate between Italy and the European Commission entered a new phase of conflict over Italy’s proposed budget for next year after the populist coalition government of Italy openly defied the European Commission’s directive to make changes o t a… Read More ›
Natural Disasters And Trade Protectionism Hits Japan’s Economy
Natural disasters and a drop in exports resulted in a contraction of the Japanese economy more than was expected by the markets. Analysts said that this was a clear indication that the economy was being affected by trade protectionism and… Read More ›
