Is it not absurd that Europe pays 300 billion euros a year in US dollars while importing only 2% of its energy imports from the U.S.? On Wednesday, European Commission President Jean-Claude Juncker called on the European Union to promote… Read More ›
U.S. & Saudi energy ministers are scheduled to meet in Washington to discuss ways to boost output and lower global oil prices. On the negotiating table is Saudi Arabia’s long demand for a civilian civil nuclear cooperation which will enable… Read More ›
In a lawsuit aimed at Volkseagen, shareholders representing 1,670 claims, have sued the carmaker over inadequate disclosures; they have argued that if they would have known of dieselgate they would have the opportunity to sell or not buy VW’s shares…. Read More ›
Under Andy Palmer, Aston’s CEO, the carmaker has undergone a turnaround plan. It has projected its volumes to rise between 6,200 to 6,400 vehicles in 2018; and aims to ramp up production by 10,000 vehicles in 2020. On Monday, 105-year… Read More ›
U.S. President Donald Trump has threatened to slap tariffs on all Chinese exports to the U.S. On Monday, a spokesman for China’s foreign ministry stated, Beijing will respond if the United States was to take any further steps on trade…. Read More ›
The trade data could further push Washington to impose the next slab of tariffs on U.S. import of Chinese goods worth $200 billion. Customs data disclosed on Saturday showed China’s trade surplus with the United States has widened to a… Read More ›
An action plan that was presented to the British parliament is being touted as the biggest pledge made up by global soft drink companies till date in replacement of throwaway plastic bottles for their products. The report was sponsored and… Read More ›
The shareholders of the scandal-hit US blood-testing start-up Theranos have been officially involved by the company’s chief executive David Taylor that the company would be formally dissolved. There is no more time remaining with Theranos to get a buyer for… Read More ›
Despite U.S. trade measures the Chinese economy has albeit slowed down a little but has maintained its growth momentum. With U.S. President Donald Trump threatening to impose 25% tariffs on U.S. imports from China worth $200 billion, on Thursday, China’s… Read More ›
According to the Wall Street investment bank Goldman Sachs, the value of electric car maker Tesla is half of what its founder and CEO Elon Musk tweeted it to be at $420 a share when he recently famously tweeted his… Read More ›
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