In an interview to a German weekly newspaper, Germany’s economy minister stated, Tesla could avail state subsidies if it were to set up a gigafactory in the country. “In my conversations with (Tesla CEO) Elon Musk I have always made… Read More ›
Regulations & Legal
US Lawmakers Demand Stricter Crackdown On Vaping Companies
Lawmakers in the United State alleged that the executive of e-cigarette companies were responsible for introducing nicotine to a new generation of Americans and demanded stricter regulations against such companies during a hearing on Wednesday. The increasing concerns the teenagers… Read More ›
Market Value Of Exxon Has Lost $184 Billion Since 2014
While it was once the most valuable public company of the world, the largest oil company of the United States ExxonMobil is now on a steady decline path. Since the company’s market valuation peaked in 2014, it has lost a… Read More ›
Consultations with U.S. disaster-related clause in Phase-1 agreement could start after Q1: Global Times
On Thursday, the Global Times, published by China’s People’s Daily newspaper of the country’s ruling Communist Party said, Beijing is weighing the option of using a disaster-related clause in the Phase-1 trade deal with the United States following the outbreak… Read More ›
China will cut tariffs on select U.S. products by 50%
On Thursday, China said it will reduce tariffs on select goods which it imports from the United States by 50% starting from 1:01 p.m. local time (0501 GMT) on February 14 and said, it hopes to work with the U.S…. Read More ›
Britain eyeing Free Trade Agreement with Australia
Now that Britain has left the European Union, Britain hopes to clinch a free trade deal with Australia, said British Foreign Secretary Dominic Raab. Britain hopes to sign a free trade deal with Australia as one of its first trade… Read More ›
New Study Urged EU To Impose Meat Tax To Address Climate Change
A new report on the environment has claimed that farmers and consumers can be helped to produce and eat better food if a “sustainability charge” is imposed on meat to cover the environmental damage it causes. The report produced for… Read More ›
French port town Calais floating in post-Brexit duty free dreams
Authorities in Northern France, in the port town of Calais are lobbying the French government to create a duty-free zone which covers the entire town if a future trade deal between the EU and France trturns to trade tariffs. Calais’s… Read More ›
Coronavirus Outbreak Will To Curb Beer Sales In Asia, Says Carlsberg
The spread of the coronavirus in China and the resultant extension of the shutdown of some of the breweries in the country have forced Carlsberg A/S to forecast slower earnings growth. The company predicts a slump in beer consumption in… Read More ›
Extension Of Closure of Foxconn China Factories Could Hit iPhone Output For Apple: Reuters
In case of the temporary production halt at Foxconn’s Chinese factories because of the coronavirus outbreak into a second week could significantly impact the shipments to customers and there can be a a “big” production impact, impacting its customers including… Read More ›
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