The rollout of 5G in many countries along with newer upgraded models of smartphones could spur exports orders for the island nation. On Monday, data from Taiwan’s Ministry of Economic Affairs showed, its export orders fell for the fifth straight… Read More ›
Strategy
U.S. to further choke Iran’s oil exports
The shortfall in the global oil pool as a result of this potential fall in supply from Iran, is likely to be met by increased production from Saudi Arabia. On Monday, oil prices surged to $74 a barrel, their highest… Read More ›
Japan’s biggest bank Mitsubishi UFJ Financial Group Inc to absorb $890 million charge
Despite the hit, Mitsubishi UFJ Financial Group Inc (MUFG) has continued to forecast a net profit. On Monday, As per a report from the Nikkei, Japan’s MUFG is set to book a charge of around $893.34 million (100 billion yen)… Read More ›
Irish border will significantly impact future trade deals: Democratic Congressman Richard Neal
How will Theresa May keep EU-member Ireland’s border with Northern Ireland open after Brexit without any physical infrastructure on the border between Northern Ireland and Ireland? This question is proving to be the most excruciating issue in Britain’s sour grapes… Read More ›
EU Could Tariff US Ketchup, Handbags And Consoles Among Other Things
The transatlantic trade dispute between the United States and the European Union – started primarily because of the allegations of European subsidies to Airbus, took a new and surprising turn after the Brussels decided has reportedly decided to impose import… Read More ›
Email Contacts Of 1.5M Users Were Copied By Facebook Without Permission
The largest social media platform of the world Facebook has admitted that email contacts of more than 1.5 million users had been “unintentionally” uploaded by it without the permission from the users. The company said that a system used to… Read More ›
Netflix Reports Good Q1 Numbers, Notifies It’s Still The Streaming Leader
After reporting impressive gains in earnings, revenue and subscribers for the first quarter, the message from the pioneer of video streaming giant Netflix could not be clearer – it is still the leader in the leader in the streaming business…. Read More ›
Foxconn’s Gou To Follow ‘Order Of Sea Goddess’ For Taiwan Presidency
The claim for a place in the presidential race of Taiwan for the Foxconn founder Terry Gou has been endorsed by the Chinese sea goddess Mazu, said the business tycoon. He had been encouraged by the goddess to “come forward”… Read More ›
ABB names chairman Peter Voser as its interim CEO
Ulrich Spiesshofer, ABB’s CEO since 2013, has agreed with the board to step down. On Wednesday, ABB stated, it has appointed its Chairman Peter Voser as its interim chief executive following the stepping down of its CEO Ulrich Spiesshofer. In… Read More ›
Exxon Mobil Corp wins 3 exploration blocks offshore Argentina
The three blocks are located in the Malvinas basin, about 200 miles (320 kms) offshore Tierra del Fuego. U.S. oil giant Exxon Mobil Corp stated, its unit and an affiliate of Qatar Petroleum had won three exploration blocks offshore Argentina…. Read More ›