Following the ongoing trade war with the United States, it is likely that China would announce a shift in its monetary policy from one that leverages to one that is able to buttress” growth. This after the second largest economy… Read More ›
Strategy
Lockheed Martin Corp wins contract worth $451 from the Pentagon
The terms of the contract includes providing materials and designs for 4 Multi Mission Surface Combatant ships and includes foreign military sales to Saudi Arabia. As per a report from the Pentagon, Lockheed Martin Corp has won a contract to… Read More ›
Amidst Trade Spat, Chinese Growth Slows As Expected By Markets
There has been a slowdown in China’s economic expansion as had been expected by market experts who also believe that the results are a signal about the largely stable output amidst an escalating trade conflict with the U.S. Compared to… Read More ›
Only Recycled Plastics Would Be Used By Adidas For Its Products By 2024
Adidas wants to become completely sustainable as soon as it can with respect to its products. The global giant of sportswear manufacturer has announced that it has committed itself of making use of only recycled plastic for its products by… Read More ›
Boeing Co wins orders for 14 777 freighter worth $4.7 billion
The Farnborough Airshow is an opportunity for both, Boeing Co and Airbus SE, to garner fresh orders. Although Boeing landed the first order from the show, Airbus is likely to soon catch up and zoom ahead. On Monday, at the… Read More ›
WTO needs rules on forced transfer of technology: European Council President Donald Tusk
European Commission President Jean-Claude Juncker and European Council President Donald Tusk are in Beijing to meet Chinese Premier Li Keqiang for the annual China-EU leaders dialogue. On Monday, Donald Tusk, the President of the European Council stated, the World Trade… Read More ›
David Solomon to become Goldman Sachs Group Inc’s next CEO
A formal announcement is likely to be made as soon as today, if not later this week. As per a report from the New York Times, Goldman Sachs Group Inc is likely to name David Solomon as its next chief… Read More ›
China registers highest trade surplus levels with U.S. in June since Dec. 2017
The data could potentially prolong and deepen the ongoing trade war. Official data from the U.S. shows, Beijing’s exports to the United States, have unexpectedly risen to record highs. China’s trade surplus with the U.S. peaked in June and could… Read More ›
China’s National Textile and Apparel Council opposes U.S. tariffs
China is ramping up direct and indirect pressures on Washington. On Friday, China’s National Textile and Apparel Council stated it was deeply concerned with the escalating trade dispute between the United States and China. As per a statement on its… Read More ›
China’s sourced soybeans from Brazil, avoided higher tariffed U.S. soy
With China, the world’s biggest consumer of soybeans, sourcing soybeans from Brazil, the price of Brazilian soy peaked in June. On Friday, according to data from China’s General Administration of Custom China’s import of soybean in June has jumped by… Read More ›