While the fast spreading coronavirus in China has affected global supply chains of largest of the tech companies, the latest tech companies to pull out of the one of the world’s largest tech shows to concerns and risks of the… Read More ›
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Closure Of Chinese Factories Continues To Stress Global Supply Chains
Thousands of the companies all across the world are waiting for reopening of factories and production units in China starting Monday. However if the closures continue over concerns of spreading of coronavirus, many of the major brands of the world… Read More ›
Market Value Of Exxon Has Lost $184 Billion Since 2014
While it was once the most valuable public company of the world, the largest oil company of the United States ExxonMobil is now on a steady decline path. Since the company’s market valuation peaked in 2014, it has lost a… Read More ›
Disney+’s Subscriptions Surpass Expectations Since Launch In November
The number of customers signing up for Disney’s new video streaming service has surpassed the company’s expectations as people rushed to take up the offer of viewing the likes of Star Wars, cartoons and other classic content that is traditionally… Read More ›
New Study Urged EU To Impose Meat Tax To Address Climate Change
A new report on the environment has claimed that farmers and consumers can be helped to produce and eat better food if a “sustainability charge” is imposed on meat to cover the environmental damage it causes. The report produced for… Read More ›
Coronavirus Outbreak Will To Curb Beer Sales In Asia, Says Carlsberg
The spread of the coronavirus in China and the resultant extension of the shutdown of some of the breweries in the country have forced Carlsberg A/S to forecast slower earnings growth. The company predicts a slump in beer consumption in… Read More ›
Extension Of Closure of Foxconn China Factories Could Hit iPhone Output For Apple: Reuters
In case of the temporary production halt at Foxconn’s Chinese factories because of the coronavirus outbreak into a second week could significantly impact the shipments to customers and there can be a a “big” production impact, impacting its customers including… Read More ›
Commerce Department’ unveils new trade rule to slap countervailing duties on countries that undervalue currencies
In a significant development, the U.S. Commerce Department stated, it has finalized a new rule which it will apply to products from countries that it determines undervalues their currencies against the dollar. This could potentially impact China and be a… Read More ›
Shrinking Of French And Italian GDPs Push Eurozone Growth Close To Stalling
In the last quarter of 2019, the economies of France and Italy unexpectedly shrank, which slowed down the growth rate of the entire eurozone – which now is close to stalling, shows latest data. According to the European Union statistics… Read More ›
Airbus Settles Corruption Charges With UK’s SFO For €1bn
European aircraft manufacturer Airbus has agreed to settle corruption cases with regulators in the United Kingdom for a deal worth almost €1bn. This deal is the culmination of a long drawn investigation into allegations by UK’s Serious Fraud Office (SFO)… Read More ›
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