The highly unusual lawsuit is potentially aimed at gaining leverage so as to force Tesla Inc’s CEO Elon Musk to settle. According to Teresa Goody, CEO of law firm Goody Counsel, who is also a former SEC attorney, most such… Read More ›
Strategy
$1 Billion In Profits Lost By Ford Due To Trump Metal Tariffs: CEO
United States president Donald Trump and his administration was encouraged to resolve trade disputes fast by Ford Motor Co’s Chief Executive Officer Jim Hackett. But he also warned that if the trade disputes are not resolved fast, the tariffs would… Read More ›
Australian Study Uses Mango Peel To Eliminate Soil & Water Contamination From Oil Spills
A recent Australian study has found that one of the useful and environment friendly methods to clean up any form of oil spills in the world is making use of mango peels. This conclusion was arrived at in a study… Read More ›
Cost of food and drink likely to shoot up significantly in case of a no-deal Brexit
Consider this snapshot: last year the UK imported food and drink worth 48 billion pounds, 71% of which were not subject to tariffs. As per the results of a study commission by Barclays that was released on Thursday, food suppliers… Read More ›
German institutes warn of major recession in EU and Germany if trade conflict with the U.S. escalates
Germany, the EU’s biggest economy, thrives on its exports of cars to the U.S. EU’s retaliatory measures could also significant slow down the U.S. economy if not trigger a major recession there. On Thursday, leading economic institutes from Germany disclosed,… Read More ›
Become more competitive before talking of selling stake: French Finance Minister Bruno Le Maire
Bruno Le Maire’s comments come in the wake of Air France-KLM’s Canadian boss telling Air France’s labour unions that they should not depend on the state to bail them out and that the government was prepared to offload its stake… Read More ›
Central Bank Chief Of Argentina Resigns After Just Three Months On The Post
The chief of the central bank of Argentina has resigned reportedly over disagreement about measures and policies for restoring confidence in the country’s economy that is in a dire state. The country’s currency peso tumbled against the US dollar following… Read More ›
JP Morgan: Gig Economy Transportation Workers Earning Half Of What They Did 5 Years Ago
The gig economy – where people work through transportation apps available online, is not doing well in the United States. A new study conducted by the JP Morgan Chase Institute claimed that those employees such as drivers who used online… Read More ›
‘No Brexit’ deal will have a devastating impact on the car industry
British and EU’s carmakers will feel the effect of a cliff hanger Brexit. With Brexit’s March 29 deadline fast approaching and faced with growing fears of a cliffhanger exit , Britain’s carmakers have triggered some of their Brexit contingency plans,… Read More ›
Michael Kors acquisition of Versace will create more jobs in Italy: Donatella Versace
The deal places the American fashion in a better position in Europe. On Wednesday, Donatella Versace, the creative director of the fashion house stated the deal with Michael Kors would create more jobs in Italy. “In the last year Versace… Read More ›
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