Argentina has been forced to seek a financial package help from the International Monetary Fund (IMF) after the country failed to stall the falling of its currency and the rising rates of interest all throughout last week. there is apprehension… Read More ›
While there was no mention of the $200 billion target the United States had stressed on earlier, the U.S. and China have announced their agreement where the later would significantly increase the purchasing U.S. products and services. The countries made… Read More ›
Given the possible fall out in the trade relationship that the European Union had developed with Iran after the lifting of sanctions on this oil produce following the historic nuclear agreement with major Western powers, because of United States President… Read More ›
The price cut comes midst political headwinds and issues stemming from new competition and corporate governance. With Berenberg cut its price target on Telecom Italia (TIM), citing headwinds stemming from governance issues and new competition, TIM’s share prices fell more… Read More ›
Although earlier it was unthinkable for Toyota to sell electric vehicles, its current strategy tops that since it involves selling EVs that are derived from its’s Chinese partner’s vehicle which do not feature is triple-oval logo. This is the extent… Read More ›
Jeff Holden’s departure is the latest in a series of senior executives leading the company. A spokesman for Uber Technologies Inc stated, Jeff Holden, its Chief Product Officer will be leaving the company. The development marks the latest departure of… Read More ›
With a bulging trade surplus with the U.S., China has potentially much to lose if the trade conflict escalates into a trade war. Furthermore, since its military might is dependent on a booming economy, its efforts at maintaining a calm… Read More ›
Following the scrapping of the $6.1 billion deal with Fujifilm Holdings Corp, Xerox’s outgoing CEO along with 5 of its directors are being replaced with a new management team. Setting July 31 as the date for its annual shareholder’s meeting,… Read More ›
Thanks to more business days, car sales are shooting up. According to industry data published on Thursday, in April car sales in the European Union have shot up by 9.6%, led by Toyota, Hyundai and Ford Motors. As per Brussels-based… Read More ›
An increase in protectionist rhetoric might just have started to get reflected already in first signs of damage to Europe’s economy amidst increasing trade tensions between the European Union and the United States. A quarter on quarter growth of just… Read More ›
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