A few of the Mexican states have been hit by U.S. President Donald Trump’s drive to make American companies invest at home. And to ease that pressure and to take advantage of the potential void created by that situation, Chinese… Read More ›
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Chaos Of $60 Billion Fuel Shock Likely To Hit Global Shipping Fleet
The global fleet of merchant ships will have to reduce drastically how much sulfur their engines belch into the atmosphere in little more than 2 1/2 years from now. There’s a $60 billion sting in the tail by this even… Read More ›
In A Historic First, Recycled Rocket Launched By Elon Musk’s Spacex
Paving the way for a sharp drop in launch costs that is a key part of its long-term plan to carry passengers to Mars, SpaceX became the first space company to use a recycled rocket to send a payload into… Read More ›
Going Beyond Oil Is Necessary To Unlock Saudi Arabia’s Treasures
Saudi Arabia actually has much more than its oil sector to offer investors and as investment banks and global stock exchanges salivate at the prospect of the expected largest IPO ever, even though the Saudi Aramco may have become the… Read More ›
With Brussels Warning London Don’t Blackmail Us, Brexit Gets Off To A Shaky Start
To make sure Britain has an orderly exit from the European Union, officials in London and Brussels are racing against a two-year deadline. But tensions are running high. While officials in Brussels are receiving negotiation guidelines from the remaining 27… Read More ›
As Combustion Era Fades, Mercedes Hastens Electric-Car Shift
As European buyers turn away from fuel-efficient diesel cars, and in a race to meet tighter emissions rules, Mercedes-Benz is accelerating its rollout of battery-powered autos. Three years earlier than a target announced at the Paris auto show in September, the world’s… Read More ›
Warnings Of Brexit Impact Issued By European And Japanese Business Groups
Signalling their growing concern as the UK prepares to start the formal process of leaving the EU, overseas companies that invest in the UK issued a flurry of warnings on Tuesday about the threat Brexit poses to their businesses. A post-Brexit settlement… Read More ›
European Equities Will Gain By A Le Pen Loss: JP Morgan
Investment bank JPMorgan said in a note on Monday that a “significant” surge of inflows into European stocks would be spurred if far right French presidential candidate Marine Le Pen loses the election. But how significant is that spur? At… Read More ›
American Airlines In Talks For A Tie-Up With China Southern
Boosting routes between the world’s two largest travel markets and possibly involving the U.S. carrier taking a stake in the state-owned airline, China Southern Airlines is in talks over a tie-up with American Airlines. Aafter Delta Air Lines Inc bought… Read More ›
A 1996 Reboot Nike’s Biggest Sneaker Launch Ever
Thanks to a cartoon bunny and Michael Jordan, Nike has just had its biggest sneaker release for itself. Featuring the basketball legend alongside Looney Tunes characters seen celebrating the 20th anniversary of the 1996 comedy, the shoemaker’s Jordan brand began selling the Space Jam… Read More ›