Ford and Toyota, the second and the third largest automaker in the U.S. have reported a surge in SUV and pickup truck sales. Ford Motor Co, the second biggest automaker in the United States, has reported an almost 4.1% rise… Read More ›
Strategy
How 5 Emerging Economies Are Being Affected By Recent Rumbles In Emerging Market
The currencies of the emerging economies are being battered – from Argentina’s peso to Turkey’s lira. This year however the emerging economies have been sent into a turmoil and a number of global issues including increasing US Fed rates, political… Read More ›
Reuters poll place chances of hard Brexit at 25%
The poll makes an interesting read on the possibilities facing Britain after March 2019. According to the results of a Reuters poll, there is a 25% chance that Britain will leave the European Union in March 2019 without a Brexit… Read More ›
Britain has a backup plan for a Cliffhanger Brexit
As per Philip Rycroft, Permanent Secretary at the Department for Exiting the European Union (DExEU) Britain’s has provided for such a possibility. On Tuesday, as per the senior most official in Britain’s Brexit ministry, he is confident that plans are… Read More ›
Strike by Air France-KLM’s Dutch pilots averted
Air France-KLM’s management has successfully negotiated longer rests for pilots between flights with union bosses and have averted a strike. On Tuesday, in a development that marks the the overcoming of a strike that could have caused mayhem later this… Read More ›
Venezuela begins pilot initiative for subsidized gasoline for border areas
The initiative is aimed at curbing rampant smuggling of gasoline, which are the lowest in the world. On Tuesday, Venezuela is set to start the implementation of a new payment system for its heavily subsidized gasoline in border areas as… Read More ›
Trump Tariffs Force Ford To Cancel Import Of China-Made Vehicle Into US
The 25 per cent tariff on Chinese vehicle imports implemented by the Trump administration has forced U.S. automaker Ford Motor to cancel its plan of importing the new Focus Active crossover model being manufactured in its Chinese plants. “We have… Read More ›
US Says India Might Sanctions Of It Purchases Russian Missile System
India might not be exempt from sanctions by the United States if it decides to purchase weapons and defence systems from, according to top officials of the Pentagon. The comments were made by Randall Schriver, the Pentagon’s top Asia official…. Read More ›
Hedge fund King Street Capital Management seeks to shakeup Toshiba’s board
The development assumes significance since it marks the first signs of dissatisfaction among foreign funds which had bought into Toshiba in 2017. On Friday, the Wall Street Journal has reported citing sources familiar with the matter at hand, King Street… Read More ›
BlackRock voted against Elon Musk in Tesla’s AGM
Here is how major shareholders voted in Tesla’s Annual General Meeting when a proposal was put to a vote to split Elon Musk’s role as CEO and Chairmanship of Tesla Inc. According to BlackRock’s filing with the U.S. Securities and… Read More ›