Recent Posts - page 589

• Chinese Phone Maker Xiaomi Ousted As India’s Top Phone Firm By A Chinese Rival

  By admin2 on July 26, 2019 • ( 0 )

  

  After dominating the Indian smartphone market – the fastest growing market for smartphones in the world, for more than a year, Chinese smartphone maker Xiaomi has recently lost out the race to one of its domestic rivals in China. At… Read More ›

• Signals Of Future Rate Cut Given By ECB And Hints And More Monetary Easing

  By admin2 on July 25, 2019 • ( 0 )

  

  Hints about implementing more easing measures for the economy was dropped by the European Central Bank (ECB) especially targeted for the markets on Thursday which resulted in the euro dropping to a two year low against the dollar for a… Read More ›

• 737 Max Production Could Be Stopped If Impasse With Regulators Continue, Warns Boeing

  By admin2 on July 25, 2019 • ( 0 )

  

  If the global grounding of its 737 Max jet planes continues for much longer, Boeing would be forced to halt production of the planes, the United States airplane maker has warned. The troubles caused by the grounding of the planes… Read More ›

• Climate Action Rebate Act could generate $2.5 trillion in 10 years

  By admin1 on July 25, 2019 • ( 0 )

  

  Plans are afoot to get bipartisan backing for this bill. On Thursday, two Democratic U.S. senators are set to unveil a bill which aims to reduce climate change by slapping a fee on oil, natural gas and coal; the bulk… Read More ›

• Daimler not currently pursuing merger or spin-off plans

  By admin1 on July 25, 2019 • ( 0 )

  

  There is currently no plan to change Daimler’s capital structure, said Daimler’s CEO.

• A Sluggish Global Economy Could Get Even Worse Due To Trade Conflicts, IMF Says

  By admin2 on July 24, 2019 • ( 0 )

  

  The latest outlook from the International Monetary Fund about the prospect of the global economy states that growth in the world economy is still sluggish and a bouncing back of it is not assured even in 2020. That forecast was… Read More ›

• Philippines’ Jollibee Foods Corp acquires Coffee Bean & Tea Leaf for $100 million

  By admin1 on July 24, 2019 • ( 0 )

  

  Jollibee Foods Corp is the biggest fastfood chain in the Philippines. On Wednesday, Philippines’ Jollibee Foods Corp stated it is in the process of acquiring Coffee Bean & Tea Leaf, a U.S. brand, for $100 million. In a financial disclosure… Read More ›

• KKR & Co acquires Arnott’s Biscuits for $2.2 billion

  By admin1 on July 24, 2019 • ( 0 )

  

  Arnott’s Biscuits is a brand that belongs to Campbell Soup Co. This is the second time in a week, that an offshore business has acquired an Australian food and drink business. According to a report from the Australian Financial Review,… Read More ›

• EU will retaliate if US slaps tariffs on EU car exports

  By admin1 on July 24, 2019 • ( 0 )

  

  The EU has made it lucidly clear that it will retaliate with $39.1 billion of U.S. goods if Washington was to go ahead with its threat to impose tariffs on EU car exports. In a warning to Washington, the European… Read More ›

• Bank of England will have to be flexible and fast in responding to Brexit

  By admin1 on July 23, 2019 • ( 0 )

  

  Britain’s central bank will have to double down on its monitoring of the British economy so as to minimize any potential impact from Brexit. On Tuesday, Andy Haldane, Bank of England’s Chief Economist stated, given the economic prospects facing the… Read More ›

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