Following the exit of the United Kingdom from the European Union, there would potentially be an increase in the price of its cars in Britain, warned Porsche. A clause that where in a buyer agrees to a potential tariff is… Read More ›
Sustainability
Businesses testing their Brexit-preparations ahead of Brexit: KPMG
With just 40 days to go before Brexit, businesses are making sure they have sufficient cash reserves and inventories in case of a cliff-hanger Brexit. With just 40 days to go before the scheduled kickoff of the United Kingdom from… Read More ›
Global automakers brace for potential tariffs on autos and car parts
The U.S. Commerce Department is slated to send a confidential report to U.S. President Donald Trump clearing the way for him to potentially impose tariffs on imported autos and auto parts on the grounds that they threaten U.S. national security…. Read More ›
Theresa May’s Brexit plan faces symbolic defeat in parliament
The development revealed that Pro-Brexit members within party are a major stumbling block to passing any agreement. British Prime Minister Theresa May’s Brexit plan suffered yet another humiliating defeat on Thursday. As a result the development has undermined her pledge… Read More ›
Recruiting EU Staff For London Proving Difficult For Millennium & Copthorne
The London based hotels of international hotel group Millennium & Copthorne is not being able to satisfactorily recruit employees from EU countries because of the uncertainty surrounding the imposition of Brexit in less than 50 days time, the hotel chain… Read More ›
Surprising Drop In US Retail Growth In December Weakens Growth Outlook
A United States government report on Thursday has shown a surprising drop in retail sales in the country for the month of December which cast shadows over the economic growth outlook for the country and which would probably induce the… Read More ›
Heavy Taxes Deserved By World’s Wealthiest, Richard Branson
There is a growing number of business elites who raise questions about disparity in wealth distribution in the world and Richard Branson, founder of the Virgin Group stands out among them. Branson, the billionaire entrepreneur known for his philanthropy as… Read More ›
New System Of Screening Foreign Investment Passed In EU Aimed At China
A system that would result in greater scrutiny of foreign investment – notably from China, was passed by lawmakers of the European Union which, according to statements, would help the EU to better protect strategic technologies and infrastructure in the… Read More ›
French President Emmanuel Macron launches stategic electric battery production plan
Countries are waking up to the serious threats posed on over-reliance on Chineese goods and its ramifications on their supply chains. In a significant development French President Emmanuel Macron disclosed, France will invest $790 million (700 million euros) over the… Read More ›
Tesla unveils ‘Sentry Mode’ for its vehicles manufactured after Aug. 2017
Given that 773,139 motor vehicles had been reported as stolen in the United States in 2017, Tesla’s ‘Sentry Mode’ feature makes its offering more attractive to potential buyers. In a development that makes Tesla’s cars more attractive to consumers, Tesla’s… Read More ›
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