Sweeping tariffs on Mexican goods into the United States could make building a car in the and buying one in the US a lot more expensive. Building of trucks or cars in all US factories is dependent on Mexican parts…. Read More ›
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Global Cargo Demand Hit By Trade War, IATA Cuts 2019 Profit Forecast For The Industry
The profit outlook for the global airline industry for the entire year of 2019 was slashed by the International Air Transport Association (IATA) because of the ongoing trade tensions and spats throughout the world and the rising tendency of protectionism… Read More ›
Trump Urged By US Business Groups To Avert Mexico Tariffs
United States president Donald Trump was urged by the top US business lobbying group and Mexico’s president not to implement his threat of imposing import tariffs on all Mexican products exported in to the US over the issue of illegal… Read More ›
U.S. Furniture Business Impacted By US Tariffs On Chinese Imports
The furniture market and the industry in the United States has been badly hit by the imposition of import tariffs – and which was subsequently increased from 10% to 25% earlier this month, on Chinese goods which also included imported… Read More ›
Germany Will Lose Access To Information If It Uses Huawei, US Warns
United States Secretary of State Mike Pompeo said on Friday that countries that would create the next-generation mobile networks, such as those made by China’s Huawei – which the US considers to be threat to its national security, would no… Read More ›
Barclays Says Apple Will Make Limited Design Changes To iPhones This Year
Semiconductor analysts at Barclays claimed that compared to the designs of iPhones last that were launched by Apple last year, there would be limited changes in design by the company in the current year. A third camera lens on the… Read More ›
Possible FCA-Renault Merger To Face Challenges To Pledge Cost Cuts
According to reports quoting auto industry veterans, there are some challenges to the plans of Fiat Chrysler and Renault to generate significant cost savings from a possible merger because of the long product cycles of the industry and the issues… Read More ›
Pentagon Wants More Funds To Reduce Dependency On China For Critical Rare Earth Minerals
The dominant position of China in the global supply chain of rare earth minerals is a cause of worry for the security establishment of the United States and its security body Pentagon said that it is important to reduce the… Read More ›
Focusing On Development Of Hybrid Cars
Luxury car maker Ferrari has unveiled a different from of luxury car compared to the typical ones that people generally associate with the company. This is powered by electricity, makes very little noise and yet can reach top speeds of… Read More ›
UK Body Suggests Wider Immigration To Tackle Worker Shortage
Advisers to the British government have suggested that to tackle shortages of workers in a wide range of occupations – from archaeologists and architects to vets and web developers, it is imperative that the UK ensures arrival of a wider… Read More ›