According to reports quoting auto industry veterans, there are some challenges to the plans of Fiat Chrysler and Renault to generate significant cost savings from a possible merger because of the long product cycles of the industry and the issues… Read More ›
Strategy
Pentagon Wants More Funds To Reduce Dependency On China For Critical Rare Earth Minerals
The dominant position of China in the global supply chain of rare earth minerals is a cause of worry for the security establishment of the United States and its security body Pentagon said that it is important to reduce the… Read More ›
Focusing On Development Of Hybrid Cars
Luxury car maker Ferrari has unveiled a different from of luxury car compared to the typical ones that people generally associate with the company. This is powered by electricity, makes very little noise and yet can reach top speeds of… Read More ›
Australian wealth manager facing yet another class-action lawsuit
Allegations of AMP Ltd charging “unjustifiably” high fees for an extended period of time had surfaced in 2018. On Thursday, Australian wealth manager AMP Ltd stated it would defend itself against a new class-action lawsuit filed on behalf of pension… Read More ›
UK Body Suggests Wider Immigration To Tackle Worker Shortage
Advisers to the British government have suggested that to tackle shortages of workers in a wide range of occupations – from archaeologists and architects to vets and web developers, it is imperative that the UK ensures arrival of a wider… Read More ›
Study Indentifies UK & Its Territories As ‘Greatest Enabler’ Of Tax Avoidance
Result of a new research has shown that the greatest enabler of corporate tax avoidance in ethw world is the UK and its “corporate tax haven network”. Among the top 10 places that have been most active to “proliferate corporate… Read More ›
Indian Shifting To Export Driven Economy Due To Slowing Domestic Consumption
Asia’s third largest economy India – which is critically dependent on consumption, is facing the challenge of a fall in consumption which is indicated by dropping sale figures in some of the key sectors. As a solution, the economy –… Read More ›
Hong Kong Warned By US Not To Allow A Tanker That Breached US Sanctions On Iran
Hong Kong has been threatened by the United States of severe penalties being impose against it if it carries out any sort of business with an oil tanker that has allegedly the US sanctions on Iran and is heading to… Read More ›
GE plans to cut 1,000 jobs from its Belfort site in France
GE’s first quarter results could be a bargaining point for the French government since profits rose more than what GE had expected. General Electric (GE) has announced a plan to slash nearly 1,000 jobs in France. The move is likely… Read More ›
New York dethrones London to become world’s No. 1 financial centre
180 executives participating in the annual Global Regulatory Outlook survey working in asset management, private equity, hedge funds, banking and brokerage houses placed New York above London as the world’s top financial center. On Tuesday, as per the results… Read More ›