In order to cover up with the additional costs of tariffs on US car imports into the world’s biggest automobile market, the prices of two US-made crossover sport-utility vehicles in China has been announced to be raised by German carmaker… Read More ›
Uncategorized
BRICS Resolution Against Protectionism Supported By S. African Business Community
The business community of South Africa have come out strongly in support of the BRICS resolution taken that opposes policies of trade protectionism and which proposes the adoption of rules based on multilateralism. This was the outcome of a high-level… Read More ›
Original Programs Planned By YouTube For Local Markets Of India, Japan And Others
With the aim of attracting consumers to its paid subscription service, scripted series and other original programming is being created by Alphabet Inc’s YouTube for some of its international markets which include France, Germany, Japan, Mexico and India, according to company… Read More ›
SoftBank’s New Payment App To Rival Apple And Samsung In Japan
Japan’s blossoming digital payments industry is being eyed by one of the world’s largest tech companies. A new online and mobile payment app called PayPay will be launched in Japan by SoftBank in partnership with Yahoo Japan. The app is set… Read More ›
Thomson Reuters Corp’s Financial and Risk unit to be renamed Refinitiv after acquisition
David Craig, the current head of Thomson Reuters Corp’s Financial and Risk unit will become the CEO after the completion of the deal, which is expected to close by 2018. According to a statement by U.S. private equity firm Blackstone… Read More ›
Facebook Misses Market Growth Estimates, Shares Plunge 20%
Following the comment from the chief financial officer of Facebook that the revenue growth of the company would “continue to decelerate in the second half of 2018”, the shares of the company tumbled by more than 20 per cent during… Read More ›
An All-Out Trade War Between US And EU Averted After Trump-Junker Meet
Following talks between United States president Donald Trump European Commission chief Jean-Claude Juncker, both the parties reached an agreement to avoid an all-out trade war and continue efforts to lower tariffs. Trump described the talks as being “a very strong… Read More ›
Extension Of Brexit Talks Beyond 2019 Suggested By Ireland
Amidst growing concerns about the possibility that an agreement on Brexit would not be reached between the UK and the EU, suggestions that the Brexit negotiations could be extended beyond 2019 was made by Ireland’s Foreign Minister Simon Coveney. The… Read More ›
European Airlines File Complaint With Brussels Against France
A complaint with the European Union against France have been submitted jointly by British Airways’ parent company IAG and budget carriers Ryanair, easyJet and Wizz Air in relation to the continuing strike by the air traffic controllers in the country. The principle… Read More ›
$12bn Trade War Bailout For US Farmers Announced By Trump Administration
A $12bn plan aimed at helping the US farmers who are hurt by the escalating trade was unveiled by the Trump administration. In the wake to various countries raising import taxes for US products such as soybeans in retaliation to… Read More ›