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 ›
Strategy
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 ›
Norway’s Commission differs from Central Bank’s advice on oil and gas strategy
The decision assumes significance on the account of the wealth fund being the world’s largest sovereign wealth fund and in a scenario with sustained low oil prices, it will result in a reduction in the government’s net cash flow from… Read More ›
Saudi Arabia’s PIF raises $11 billion in loans from banks
The development assumes significance because it essentially diversifies PIF’s sources of funds and it provides it with much needed financial muscles in its efforts to bring about Saudi Arabia’s Vision 2030 plan, which aims to diversify the Kingdom’s markets and… Read More ›
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