Ford builds only engines in the UK. It does not build any cars. On Tuesday, U.S. carmaker Ford Motor stated, it would have to take a “long, hard look” at its British operations, including two of its engine factories, if… Read More ›
Strategy
World’s Most Profitable For 2018 Was Saudi Aramco Ahead Of Apple
The most profitable company is the world for 2018 was Saudi Arabia’s state oil company Saudi Aramco. This oil giant overtook United States’ tech giant and iPhone market Apple to reach the top position with a total profit of $111.1… Read More ›
Ford Cannot Form Long Term Plans For UK Biz Due To Brexit Uncertainty
United States car manufacturer Ford is yet to finalize its long term plans on for the United Kingdom and the company is already spending tens of millions of euros as it is preparing for a situation of a no Deal… Read More ›
China cuts VAT rate to boost slowing economy
China, the world’s second-largest economy, is growing at its weakest pace in almost 30 years. Its trade war with the U.S. is significantly having a deep impact on its economy. Consumer brands across China, including Apple Inc, have lowered their… Read More ›
Canaccord Genuity Group Inc to restructure capital market business over Brexit-related uncertainties
Canaccord Genuity Group Inc expects significant job cuts in its capital market business in the UK however, it will not effect its wealth management business in the UK or Europe. In a significant development, Canaccord Genuity Group Inc stated it… Read More ›
Irish manufacturing activity grows at a steady pace: PMI
Stockpiling and ramping up operations ahead of Brexit has helped in boosting production levels. As per the results of a survey released on Monday, Irish manufacturing activity grew at an almost identical rate in March compared to February. An increase… Read More ›
Swiss freight forwarder DSV A/S to acquire Panalpina for $4.62 billion
The development marks the end of a more than two month takeover battle designed to build scale in the consolidating transport sector. On Monday, Swiss freight forwarder DSV A/S disclosed, it will be acquiring Panalpina in a $4.62 billion (4.6… Read More ›
New Zealand’s PM Jacinda Ardern likely to discuss Huawei on her 1-day China tour
Among the things she is likely to discuss with China’s President Xi Jinping and Premier Li Keqiang are, potential upgrade to the 2008 FTA and NZ’s transparency on blocking Huawei Technology’s bid to create a 5G network in the country…. Read More ›
Trump’s Decision To Drilling In Arctic And Atlantic Blocked By Alaska Judge
United States president Donald Trump’s decision to reverse the ban on offshore drilling in large parts of the Arctic Ocean and dozens of canyons in the Atlantic was not within his authority, ruled a judge whyi9le restoring the restriction imposed… Read More ›
Bolton Says Trump Contemplating More Venezuela Sanctions For Foreign Companies: Reuters
United States’ national security adviser John Bolton told Reuters TV this week that President Donald Trump wants to cut off revenues to Venezuelan President Nicolas Maduro and is considering imposing sanctions on companies from other countries that do business with… Read More ›