The move by the People’s Bank of China (PBOC) is largely aimed at supporting the currency rather than reverse its trajectory. Market watchers expect the central bank to stick to this policy as long as the trade war with the… Read More ›
Strategy
Tesla To Face Stiff Challenge In Chinese Market
While markets are still grappling with the ill times tweet of Tesla Inc CEO Elon Musk of taking the company private, they also now demand that the billionaire now needs to focus on some of the other challenges faced by… Read More ›
e-Bikes And Scooters For Smaller City Rides To Be Focused On By Uber
Ride hailing company Uber is set to add a significant number of electric bikes and scooters to its existing fleet of those transportation modes. In an interview to the Financial Times, the CEO of the company Dara Khosrowshahi said that… Read More ›
Shadow of Brexit hangs over UK-Japan economic relations
The relationship between Japan and the United Kingdom has historically been a good one barring World War II. However, that relationship has been stressed in recent years. The UK shifted its focus for trade from China to Japan soon after… Read More ›
Research Paper Claims US Inflation May Be Impacted By ‘Amazon Effect’
An academic paper presented to some of the world’s top central bankers claimed that inflation may be getting affected by more frequent changes in pricing for goods and a rising tendency of pricing consistency because of the growth of online… Read More ›
German business moral all time high in August
The July 2018, meeting between European Commission President Jean-Claude Juncker with U.S. President Donald Trump has done a lot of good, with both sides deciding to negotiate a further cutback to their respective trade tariffs. In August, for the very… Read More ›
Political Motivation Behind Huawei Not Being Allowed In Australia To Toll Out 5G: Huawei
The Australian government was criticized by Chinese smartphone maker Huawei alleging that it was being prevented from selling 5G products in Australia. National security was cited as the reasons for banning Shenzhen-based Huawei and its Chinese rival ZTE from tolling… Read More ›
Canada’s Enbridge Inc acquires U.S. Spectra Energy Partners for $3.3 billion
The acquisition comes in the wake of the U.S. Federal Energy Regulatory Commission blocking income tax claims of fees charged to shoppers as part of their fees. After this move, many pipeline companies have reorganized their business structure. Canada’s… Read More ›
Siemens denies plans of cutting 20k jobs
Brushing aside a report by monthly magazine Manager Magazin, Siemens said, details of its Visions 2020+ strategy are still being worked out. German engineering giant Siemens has trashed a report by Manager Magazin, a monthly magazine, which had said it… Read More ›
Apple’s Budget iPhone Will Be A Boon For This Taiwan Company
Price is perhaps that biggest drawback of Apple’s iPhone X. Now a budget version that looks like the same phone is being prepared by the Silicon Valley giant. However, the cheaper version would not have the some of the notable… Read More ›