Recent Posts - page 508

• Climate change making insurance premium unaffordable: Australia’s QBE Insurance Group

  By admin1 on February 17, 2020 • ( 0 )

  

  On Monday, Australia’s QBE Insurance Group stated, climate change is likely to make a group of insurance premiums unaffordable for customers who are exposed to extreme weather events. As a result, there is “material risk” for its operations across the… Read More ›

• Alstom SA nears deal to acquire Bombardier Inc’s train unit

  By admin1 on February 17, 2020 • ( 0 )

  

  According to a source familiar with the matter at hand, France’s Alstom SA is close to clinching a deal to acquire Bombardier Inc’s train business. An announcement could come as soon as Monday, said the source while adding that the… Read More ›

• China’s Great Wall Motor to purchase General Motors’ Thailand car plant

  By admin1 on February 17, 2020 • ( 0 )

  

  On Monday, China’s Great Wall Motor stated it had signed a binding agreement to purchase General Motors’ car plant in Thailand. General Motors is retreating from markets outside of the United States and China and is winding down designs, sales… Read More ›

• Toyota to resume production at three plants in China

  By admin1 on February 16, 2020 • ( 0 )

  

  In a statement, Toyota Motor Corp disclosed, it plans on resuming output at three of its four main auto plants in China this week. Toyota had earlier wanted to resume the production at its plants on February 3 after the… Read More ›

• USTR Issues Phone Number For US Companies Over To Complain China’s Trade Practices

  By admin2 on February 15, 2020 • ( 0 )

  

  A dispute resolution office and complaint hotline has been established by the United States S. Trade Representative’s office which will be responsible to ensure that the so called Phase 1 trade agreement between the US and China is enforced, the… Read More ›

• Stagnating European Economy Is A Candidate For Coronavirus Shock From China

  By admin2 on February 15, 2020 • ( 0 )

  

  Amidst resurging fears of a European recession after the last quarter of 2019 turned out a no growth year for Germany and as the deadly coronavirus threatens to drastically reduce exports to China. There was no growth in the German… Read More ›

• Airbus Loss Of €1.4bn Primarily Because Of A Record Bribery Fine

  By admin2 on February 13, 2020 • ( 0 )

  

  Despite an annual loss of €1.4bn for 2019 partly because of the record fines for bribery, the , European aircraft maker Airbus raised its dividend for shareholders as it also reported deliveries of aircraft to be at an all time… Read More ›

• Amid The Virus Threat, Japan’s Nissan Reports 83% Drop In Profits

  By admin2 on February 13, 2020 • ( 0 )

  

  Troubles that started soon after the arrest and ouster of its former Chairman Carlos Ghosn is persisting for the Japanese car maker Nissan. Its profits are on a downward slide and the company now braces for more hits because of… Read More ›

• Mobile World Congress 2020 called off over Coronavirus fears

  By admin1 on February 13, 2020 • ( 0 )

  

  The annual telecoms industry gathering event, the Mobile World Congress (MWC), was cancelled on Wednesday following a mass exodus by exhibitors over fears over China’s coronavirus pandemic. The annual event which draws more than 100,000 visitors to Barcelona was cancelled… Read More ›

• SEC investigating improper payments by Thales-Raytheon Systems in the Middle East since 2014

  By admin1 on February 13, 2020 • ( 0 )

  

  In a filing, Raytheon has disclosed, it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) related to an investigation into the possibility of improper payments made for contracts in certain Middle East countries since 2014. The… Read More ›

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