Despite retaliatory threats from the United States, a digital services tax has been approved by the French government. The US has been opposing the plan because it claims that the tax would unfairly target US tech companies. US based largest… Read More ›
Strategy
Mexico Exports Record Vehicles Into US In H1 Of 2019
Most of the major auto companies of the world had got very concerned after the threat in early June of this year from United States president Donald Trump about imposing high tariffs on all products imported from Mexico over what… Read More ›
Ahead Of Indo-US Trade Talks, Trump Issues Tariff Threat To New Delhi
United States president Donald Trump has again warned India that the US does not like the tariff regime in the country even as trade talks between representatives of the two countries is set to start in New Delhi. “India has… Read More ›
American Airlines Group sees $185 million profit hit from ground Boeing 737 MAX jets
With fewer planes in service, the airlines saw its second-quarter unit revenue, increase between 3% and 4% percent in the quarter ended June. According to a statement from the No.1 U.S. airline, American Airlines Group Inc, its second-quarter profit will… Read More ›
Will defend Brexit’s Irish backstop: Ursula von der Leyen
The stance taken by Ursula von der Leyen, a nominee for the next president of the European Commission, is likely to increase the chances of a hard Brexit. Ursula von der Leyen, the nominee for the next president of the… Read More ›
Lockheed Martin’s Coatesville Sikorsky helicopter plant to remain open at Trump’s request
Lockheed Martin’s 465 employees at the plant will continue to have jobs. The lack of a specific plans however clouds their long term job prospects at the plant. Following U.S. President Donald Trump requesting Lockheed Martin Corp’s CEO to keep… Read More ›
Apple pushes to boost services business in China
Faced with sluggish iphones sales in China, Apple is now trying to replicate the success it met in Bengaluru, India, with China. Cupertino aims to start training Chinese developers to create apps in order to build its services business in… Read More ›
Tesla to ramp up production at Fremont factory: Bloomberg
Tesla is pushing the production of the Model 3 sedan. The company’s success depends on it. According to a report by Bloomberg, which cites an internal email from Tesla, the electric carmaker is preparing to boost the output of its… Read More ›
Capitol Hill to witness key antitrust hearings next week
Representatives from tech giants, such as from Google, Amazon, Apple and Facebook, are set to testify before a House of Representatives congressional committee on June 16. The The hearing will discuss the formidable market power wielded by online platforms. In… Read More ›