Even as the United States is reportedly getting close to striking a deal on trade with China which would potentially bring an end to the seven month old acrimonious trade war, latest figures from the U.S. Treasury Department released on… Read More ›
Sustainability
Experts Say US Would Not Slow Down In 5G Tech Due To Huawei Absence
A news report on CNBC claimed that experts believe that in cease of the Chinese telecom giant Huaweri remaining banned in the United States would not impact the speed of roll out of the next-generation 5G mobile networks in the… Read More ›
Donald Trump will accept only perfect U.S-China trade deal: Mike Pompeo
The statement by U.S. Secretary of State Mike Pompeo essentially sets the stage for the forthcoming U.S.-China trade summit. In a media interview, U.S. Secretary of State Mike Pompeo made it lucidly clear that U.S. President Donald Trump will reject… Read More ›
UK Firms Grow At Lowest In Six Years Sue To Brexit And Global Trade Concerns
A survey by the Confederation of British Industry has shown that concerns over a no-deal Brexit and rising global trade barriers were the primary factors that slowed down British businesses growth to its lowest rate in almost last six years…. Read More ›
U.S.-China trade deal possible during summit: WSJ
Trump has made it clear that unless he is satisfied with the terms of the trade deal, he will walk away from it. As per a report from the Wall Street Journal, high level negotiations between U.S. President Donald Trump… Read More ›
UK’s mortgage approvals and consumer spending defy Brexit pressures
In what is typically British, consumers have thrown Brexit-related caution to the wind and have upped their risk appetite. Here’s a snapshot of data coming out of the Bank of England. On Friday, data from the Britain’s central bank showed,… Read More ›
German Firm Merck Puts In Bid For Acquisition Of Versum
The German pharma firm Merck is aiming to prevent Versum Materials Inc from merging with another semiconductor components making company and has placed an offer of $5.9 billion for an acquisition of Versum. A proposed merger between Tempe, Arizona-based Versum… Read More ›
Robots For Last Mile Delivery To Be Tested By FedEx
Tests on the functions and ability of a robot which would take care of home deliveries is planned to be conducted by FedEx Corp this summer with a wide range of companies including the likes of Walmart Inc and Pizza… Read More ›
Delayed Brexit adds to uncertainty: Aston Martin’s CEO
British lawmakers will be taking a vote on delaying Brexit on March 14 – just two weeks ahead of its scheduled departure. Following British Prime Minister Theresa May promise to lawmakers that she would provide them an opportunity to extend… Read More ›
‘Crisis Of Perception’ Faced By Oil Industry: Saudi Aramco
The global oil industry faces a “crisis of perception” since the industry is viewed as a one that has no future, said Saudi Arabia’s state oil company. It however cautioned that such an attitude could jeopardise global energy security. Because… Read More ›