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 ›
Strategy
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 ›
China Says Trade War With US Can’t Be Solved Due To US’s ‘Hard Lines’
The trade dispute between the United States and China would not be solved by the hardline trade war stance that has been taken by Washington, said China’s commerce ministry on Thursday. The ministry expressed its displeasure with comments from US… Read More ›
Australian Alcohol Industry Accused Of Issuing Misleading Pregnancy Alcohol Warning Posters
Posters that warned pregnant women of the dangers of alcohol were forced to be removed in their thousands from the walls of hospitals and GP clinics through Australia because doctors and health groups claimed that the messages and suggestions were… Read More ›
Auction Could Be Held For Sky Between Comcast And Fox
There are reports that the battle between Comcast and Twenty-First Century Fox for Sky could end up in an auction next month by Britain’s takeover regulator in what would be a rare step to intervening in an acquisition battle. The… Read More ›
Scooter Renting Firms Are Being Given A Second Thought By US Cities
There is a rethinking among cities in the United States that at one point in time were against startups dealing in renting of electric scooters and as reports say, the authorities view is slowly turning to positive. There were strict… Read More ›
Amsterdam To Be The New European HQ Of Panasonic Instead Of UK
The European headquarters of the Japanese electronics company Panasonic would be moved away from the UK to Amsterdam in October because of Brexit concerns. Panasonic Europe’s chief executive Laurent Abadie said that the main aim of the move is to… Read More ›
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