The Investec Services Purchasing Managers’ Index (PMI) in Ireland fell to 57.4 from 59.5, its lowest level since March 2018. As per the results of a survey released on Friday, growth in the Ireland’s services sector have dipped slightly from… Read More ›
Both companies are conducting their due diligence and aim to close the deal, subject to regulatory approval, by the end of this year. 1864 founded Dutch brewing giant Heineken NV has struck a $3.1 billion deal with China Resources Beer… Read More ›
Myanmar seems to have learned the lessons of China-back projects in Sri Lanka and Pakistan. Avoids walking into a debt trap. According to a top government official from Myanmar, the government is scaling back plans for a port project funded… Read More ›
Ferrari’s reported an EBITDA of $339 million, in line with Thomson Reuters SmartEstimate of 286 million euros. On Wednesday, Ferrari confirmed its full year outlook based on a 7% rise in its core second-quarter adjusted earnings which were largely helped… Read More ›
A weak yuan fits well into the ongoing global move of a loose monetary policy. Chinese policymakers have also made it very easy for investors to borrow and short-sell the yuan, which indicates that they are indirectly pushing down interest… Read More ›
Given its trade surplus with the U.S., China will have to fight this trade very carefully. Beijing has let it be known that it is open to dialog. On Wednesday, in a move that is indicative of the economic impact… Read More ›
A pledge to hold on to “extremely low” interest rates was made by the Bank of Japan (BoJ) and only made a series of small adjustments to its monetary policy. This brought an end to speculations among economists and markets… Read More ›
Analysts are calling it the most important and radical change that has been brought into the 115-year-history of Harley Davidson after the struggling motorbike maker unveiled its new and forst ever model of electric motorcycles as well as an electric… Read More ›
The head of the automotive trade body in UK has warned that the car industry there is not ready for taking on the Brexit challenges. This amidst renewed concerns over cross border trading with the Europe because nine out of… Read More ›
Analysts claim that the economic health of China is in a far worse shape than is suggested by its economic figures even before the economy is to feel the complete impact of US tariffs. A national inflation-adjusted growth rate of… Read More ›
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