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 ›
Strategy
Xerox Corp appoints John Visentin as its CEO
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 ›
Boom times for car sales in the EU and in the European Free Trade countries
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 ›
Warning Of Damage Due To Trade War Signaled By Germany’s Growth Slump
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 ›
Continued Denuclearization Demands By U.S. Could Derail Trump Summit: North Korea
The persistence of the United States that North Korea give up all of its nuclear weapons could result in the rogue state puling out of the proposed talks with U.S. President Donald Trump. This threat was issued as North Korea… Read More ›
Cross-border derivatives contracts worth $35 trillion hangs in Brexit’s balance
ESMA and regulators across the EU are keeping a hawk eye on the mountain of cross border derivative contracts that go beyond Brexit. According to a top regulator from the European Union, the EU may not have enough time to… Read More ›
Acquisition central to Deutsche Boerse’s growth strategy: CEO Theodor Weimer
Theodor Weimer has however ruled out any mega deals. Deutsche Boerse’s new CEO, Theodor Weimer, who took office since the start of 2018, essentially told shareholders that he is on the lookout for future acquisitions and that it is one… Read More ›
Starbucks looks to triple its stores in China in the next 5 years
Starbucks is hoping the cost synergies in its deal with Nestle will enable it to mitigate the pressures of fighting waves of small boutique coffee stores in the U.S. and China. Feeling the pressure in its home market, Starbucks Corp… Read More ›
Two senior executives leave Tesla
In recent times there has been a flurry of senior executives leaving Tesla. These departures come at a time when the company is looking to ramp up the production of its Model 3 sedan. Tesla Inc lost two major executives,… Read More ›
Agreement On Greek Debt Needs To Be Achieved By Next Week: IMF
An agreement needs to be reached quickly between the International Monetary Fund (IMF) and the Greek government and the creditors of the country in Europe so that there is enough time at hand with the Fund to be able to… Read More ›
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