A small and recently set up startup of Sweden – VOI, is anticipating to hit a positive cash flow for its ride sharing business because of a growing numbers of young people who are making use of hired electric scooters… Read More ›
Strategy
Italy Could Be The Source Of The Next Euro Crisis
The economic health of Italy has become a cause of concern for European economists as well as other members of the European Union because many see the next euro zone crisis potentially originating from the country. Currently the debt to… Read More ›
Nintendo to shift part of Switch gaming console to Vietnam from China
The move is part of Nintendo’s strategy to diversify risk. On Tuesday, a spokeswoman for Japan’s Nintendo Co Ltd stated, the company plans on relocating a part of the production of its Switch gaming consoles to Vietnam from China. Currently,… Read More ›
Virgin Galactic to launch IPO: source
This is a milestone for Richard Branson’s space tourism venture. According to a source familiar with the matter at hand, Virgin Galactic, Richard Branson’s space-tourism venture, plans to go public as part of a deal with a special-purpose acquisition company… Read More ›
U.S. State Department approves weapon systems sales worth $2.2 billion to Taiwan
The potential sale comes midst China flexing its muscles in the region, especially in the South China sea. In a significant development, despite facing stinging criticism from China, the U.S. State Department has approved the potential sale of M1A2T Abrams… Read More ›
Japan’s High Tech Trade Dispute With South Korea Explained
The recent decision of Japan to put a cap on the exports to South Korea of high-tech materials used in smartphone displays and chips reflects how the third largest economy of the world dominates the global supply chain of such… Read More ›
India Takes Steps To Popularize Electric Vehicles, Reduces Taxes To Make Them Cheaper
The Indian government is now offering incentives for boosting demand for electric vehicles while also easing a number of regulatory restrictions in order to make the country a global hub for manufacturing of electric vehicles. The Indian government has announced… Read More ›
Disruption caused by IMO 2020 is an opportunity: investment funds
From 2020, shipping companies will have to comply to International Maritime Organization IMO 2020 rules which states that sulfur content in marine fuel must be 0.5%, down from 3.5%.The biggest polluters are dry bulk ships, which make up more than… Read More ›
WeWork aims to raise $3-$4 billion in debt offering ahead of IPO
The move is strategic in the sense, WeWork aims to boost its funding levels before it asks for funds from investors through its IPO. According to a source familiar with the matter at hand, in a move aimed at fueling… Read More ›
Data will decide on next ECB policy: Francois Villeroy de Galhau
ECB policymaker Francois Villeroy de Galhau highlighted the ECB’s resolve to not be swayed by market wings. Economic data will be the determining factor for its next policy move. In an interview on Monday, ECB policymaker Francois Villeroy de Galhau… Read More ›
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