According to analysts, there can be some benefits for the UK is there is an extension of Brexit talks even as the United Kingdom and the European Union are still to come to an agreement over the impending divorce between… Read More ›
Strategy
Construction industry booming in UK cities: Deloitte’s real Estate Crane Survey
The results of Deloitte’s real Estate Crane Survey is surprising given the uncertainties surrounding Brexit. On Tuesday, in a report accounting firm Deloitte disclosed, construction activities in four regional cities in Britain have touched a record high despite the uncertainty… Read More ›
New WTO rules unlikely to rein in China: USTR report
Economies across the globe have come to realise that China’s non-market economic policy and trade structures as well as its state-led, mercantilist approach to trade, is skewed and lopsided; it benefits only China, to the detriment of its trading partners…. Read More ›
GE to complete the spinoff of its transportation with Wabtec Corp on February 25
GE to distribute 8.7 billion shares to its to shareholders on February 14. General Electric Co expects to close the merger of its transportation business with Wabtec Corp on Feb. 25. It will then set date for the distribution of… Read More ›
China-owned Austrian airplane parts maker FACC ramps up production ahead of Brexit
Given the intertwined nature of the airplane industry, FACC sees no danger to its business due to the U.S.-China trade war. Brexit though is another story, since it could rip apart existing supply chains. China-owned Austrian aeroplane parts maker FACC… Read More ›
EU to impose import restrictions on steel
The development comes in the wake of U.S. President Donald Trump’s imposition of metals tariffs on the bloc. On Friday, according to a filing in the European Union’s official journal, the EU is set to impose import limits on steel… Read More ›
Despite Scandalous 2018, Facebook Reports Record Profit
2018 was perhaps the most troubled year for Facebook in terms of scandals and regulatory scrutiny it faced. And while analysts believed that these would have an impact on the overall financial performance of the company, the largest social media… Read More ›
Second Consequent Ever Quarterly Profits For Tesla
For the first time in its 15 year history, profits for two consecutive quarters were posted by US electric car maker Tesla after it reported fourth quarter results of 2018. The company reported a profit of $139 million against revenues… Read More ›
Apple’s Cook Hints Company Could Lower iPhone Prices In Some Markets
Hints that Apple could be lowering the prices of its iPhones in some places to increase falling sale was given by the company’s CEI Tim Cook. In the latest financial quarter, there was a drop of 15 per cent in… Read More ›
The EU to launch Special Purpose Vehicle (SPV) for trade with Iran
The SPV underscores the EU’s intent to stick to the 2015 Iran nuclear deal. At the onset, this alternative clearing house will focus on food, aid and humanitarian needs rather than on trade. On Thursday, in a significant development, two… Read More ›
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