The current round of Nafta talks are proceeding with a certain degree of civility, according to some participants, even though there has not been much progress in the negotiations in Mexico to restructure the pact due to tough stand taken… Read More ›
Strategy
U.S. Growth Gains Could Result In Fed Four Rate Hike In 2018: Goldman Sachs
Next year, the Federal Reserve would be required to raise rates of bank interest at least four times next year as wages and inflation would be boosted broadly because of the fact that the U.S. economy is going into the… Read More ›
While Leaving Much More To Do, Some Progress Made At Bonn Climate Summit
Even as the global climate change summit in Bonn drew itself close to its end, representatives from multiple countries all across the world seemed confident that important progress was being made in transforming sustained political commitment into action in the real… Read More ›
IHS Markit Study Says By 2040, New Vehicle Sale Would Slow Down While Miles Traveled Will Increase
A new research by HIS Markit that there would be multidimensional competition in the automotive sector in the future driven by new business models, convergence of disruptive technologies and government policies. “Many of its advantages as a fuel, such as… Read More ›
BNP Paribas’ chairman dampens merger of Germany’s Commerzbank with France’s BNP Paribas
Despite Jean Lemierre choosing to keep his cards close to his chest, media reports points to a potential merger which could be the choice to safeguard against a potential takeover bid. On Friday, Jean Lemierre, BNP Paribas’ chairman chose to… Read More ›
VW’s board weighs allocation of $82.5 billion across the next 5 years for electric cars
One of the burrs that needs to be ironed out is Lower Saxony’s influence: not only is the state VW’s second biggest shareholder it is also its home state; Brexit related scenarios are also likely to add to the existing… Read More ›
Mario Draghi, ECB’s president, hints at possible interest rate hike in future
ECB’s decision to extend its bond buying program up to Sept. 2018 is strategic. On Friday, Mario Draghi, the president of the European Central Bank, stated the central bank’s decision to extend its bond-buying program upto September 2018 is central… Read More ›
Supply Deficit In Real Estate Results In Steep Increase In Home Prices In Most Of The U.S.
Redfin – the real estate brokerage says that in comparison to a year ago, the price of homes the U.S. saw strong growth – showing 7.6 percent, in October. In the market that Redfin serves, $288,000 was the median sale… Read More ›
19 Countries Get Together To Pledge Not To Use Coal – Seen As A ‘Political Watershed’
The UN climate summit in Bonn, Germany, has seen 19 countries getting together to commit quick phasing out of coal in a new alliance. It is being expected that this is the signal of the end of the dirtiest fossil… Read More ›
Mattel has rejected Hasbro’s new takeover bid: Sources
The traditional toy industry is facing a struggle for surival. Facing fierce competition from online stores and with children’s preference moving to electronic toys over traditional ones, the toy industry will have to diversify and expand if it has to… Read More ›