China’s Foreign Ministry said on Thursday in its first official confirmation of the highly anticipated summit that Chinese President Xi Jinping will travel to the United States to meet President Donald Trump at his Mar-a-Lago retreat in Florida on April 6-7. The two sides… Read More ›
Strategy
With Brussels Warning London Don’t Blackmail Us, Brexit Gets Off To A Shaky Start
To make sure Britain has an orderly exit from the European Union, officials in London and Brussels are racing against a two-year deadline. But tensions are running high. While officials in Brussels are receiving negotiation guidelines from the remaining 27… Read More ›
Scottish demand for independence tied to access to EU’s single market bloc
Failure to deliver favourable terms for trade is likely to fuel demand for Scotland’s independence from UK. As per the results of a poll survey, Brexit may not fuel Scottish demand for independence since Scots prefer similar outcomes, like Britons… Read More ›
Brexit reversible: European Parliament
For Brexit to be Brexit, Britain will have to first settle its bills, cross guarantee citizen’s rights, and accept the European Court of Justice as the final authority in all legal matters till it exits the bloc. With British Prime… Read More ›
LSE commences buy-back of shares worth $248.74 million
Shares worth 100 million pounds will be bought back today. Following the collapse of its merger with Deutsche Boerse, the London Stock Exchange (LSE) is set to buyback 200 million pounds ($248.74 million) of its shares as it tries to… Read More ›
Hyundai Motor preparing new platform for EVs
The company has a global market penetration of 1% in the EV segment. With the new platform it is targeting a market presence of 24% by 2025. In a strategic development for Hyundai Motor Co, an executive from the South… Read More ›
Trump Administration pushes $5 billion sale of fighter aircrafts to Bahrain
The Trump Administration is pursuing the sale despite Bahrain’s human rights records. The Trump Administration has notified the U.S. Congress that it plans on pursuing the $5 billion sale of 19 Lockheed Martin F-16 fighter aircrafts to Bahrain along with… Read More ›
As Combustion Era Fades, Mercedes Hastens Electric-Car Shift
As European buyers turn away from fuel-efficient diesel cars, and in a race to meet tighter emissions rules, Mercedes-Benz is accelerating its rollout of battery-powered autos. Three years earlier than a target announced at the Paris auto show in September, the world’s… Read More ›
Warnings Of Brexit Impact Issued By European And Japanese Business Groups
Signalling their growing concern as the UK prepares to start the formal process of leaving the EU, overseas companies that invest in the UK issued a flurry of warnings on Tuesday about the threat Brexit poses to their businesses. A post-Brexit settlement… Read More ›
This deal is pregnant with potential for General Motors
One unit of General Motors has reached a deal with Terminal Puerto Rosario, a port operator, to import cars from Argentina. Its long term strategy is to capitalize on the accord to export cars from its nearby facilities.