For the first time in 20 years, anti-dumping duty and countervailing duty cases against China have been self-initiated by the U.S. Commerce department which has used its discretionary powers to do so. Imports worth $600 million of common alloy aluminum… Read More ›
Being Nestle third joint venture, this new factory has the potential to double Nestle current turnover of $135 million in the near term. In a significant development, Nestle laid the foundation stone for a $55 million coffee and biscuits factory… Read More ›
With the ZR1 General Motors has high-end offerings from both ends of the car industry – high performance sports car at one end with self-driving cars at the other. The chief of General Motors Co’s global product development stated that… Read More ›
The strategy to gain valuable experience from Volvo’s assembly line before launching its own production in its plant is likely to be a strategic decision taken by Lynk & Co and taps strategic resources – China’s financial clout, the strength… Read More ›
‘When humans reach Mars, its beer will also be there’, Budweiser had boldly announced last spring. And in what would be the first step that the company is taking towards meeting that ambitious goal, barley seeds which is one of… Read More ›
After hybrid-electric motor-powered trucks by Tesla has caught the fancy of the alternative auto seekers, now that feat is being attempted to be replicated in the air. Attempts of creating a passenger plane that would be powered by a hybrid-electric… Read More ›
Norway wants to be included in the Brexit process but says that the U.K. and the EU needs to decide how to include it in the process. The Norway wants that its access to the U.K market should not be… Read More ›
The deal underscores Mexico’s potential in the asset management market. On Tuesday, the world’s biggest asset manager, BlackRock Inc stated it had agreed to acquire the asset management business of Mexico’s Citibanamex, a subsidiary of Citigroup Inc. The deal underscores… Read More ›
Despite facing strong headwinds this year, Britain’s WPP has managed to retain not only the big names in its client roster but Ford Motor to it as well. On Tuesday, Britain-based WPP, disclosed that Ford Motor Company, one of its… Read More ›
The development marks the latest purchase of a restaurant, in a streak of acquisitions by privately held firms in this industry. On Tuesday,, following Roark Capital Group’s disclosure that it will be purchasing Buffalo Wild Wings Inc for $2.4 billion,… Read More ›
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