Recent Posts - page 590

• 45% chance of a Hard Brexit: Goldman Sachs

  By admin1 on July 23, 2019 • ( 0 )

  

  With Boris Johnson emerging as Britain;s next Prime Minister, he will have just over 3 months to deliver on Brexit. On Tuesday, Goldman Sachs raised its estimate of Brexit from 35% to 40% saying the “hurdle” to stop a hard… Read More ›

• Alibaba To Allow Small US Businesses To Sell On Its Platform Providing Them Global Reach

  By admin2 on July 23, 2019 • ( 0 )

  

  Smaller businesses and companies in the United States would now be allowed to use the Alibaba.com e-commerce platform, the Chinese e-commerce giant Alibaba Group Holdings Ltd has announced. Analysts view this measure by Alibaba to be an effort by it… Read More ›

• With A 93% Tariff, US Wines Are The Hardest Hit In The US-China Trade War

  By admin2 on July 23, 2019 • ( 0 )

  

  The current rate of taxation on American wine – post the latest retaliatory tariff imposed by China on United States products is as high as 93 per cent. This extremely high rate of import tariff has put the product out… Read More ›

• Chinese automotive group BAIC purchases 5% stake in Germany’s Daimler

  By admin1 on July 23, 2019 • ( 0 )

  

  The development is aimed at reducing the cost of developing affordable electric self-driving cars. On Tuesday, in a development that marks Beijing Automotive Group Co Ltd (BAIC) further cementing its relationship with German carmaker Daimler, the Chinese company has purchased… Read More ›

• Ford to invest $50 million in Chicago plant for assembling hybrid electric SUVs

  By admin1 on July 23, 2019 • ( 0 )

  

  The plant, which currently modifies vehicles for police use, will be upgraded and the existing work will be transferred to a nearby facility. 450 jobs will be created by this move. In a statement Ford Motor Co said, it would… Read More ›

• Blackstone open to selling its stake in Cheniere Energy Inc

  By admin1 on July 23, 2019 • ( 0 )

  

  In the last 7 years Blackstone invested around $1.5 billion into the alliance. As of Friday’s close, its 58% stake in the alliance is worth $8.7 billion. According to sources familiar with the matter at hand, Blackstone Group Inc is… Read More ›

• Shares Jump By Upto 500% At Nasdaq-Style Chinese Market

  By admin2 on July 22, 2019 • ( 0 )

  

  A new stock exchange in China’s Changhai which has been developed on the style of the United States’ exchange Nasdaq saw shares on the exchange shoot up by as much as 500 per cent. Analysts see this as a clear… Read More ›

• Iran-UK Tensions Rise Over Tanker Seizures

  By admin2 on July 22, 2019 • ( 0 )

  

  Following the seizure of a British-flagged oil tanker by Iran, tensions between the United Kingdom and Iran has flared up with Iran Tehran warning London not to escalate the situation. The UK had called the seizure as being a “hostile”… Read More ›

• Equifax agrees to settle 2017 data breach federal and state investigations with $700 million

  By admin1 on July 22, 2019 • ( 0 )

  

  This is one of the largest ever settlement for a data breach. Affected consumers should get in touch with the company. On Monday Equifax Inc, a credit-reporting company, stated it will pay up to $700 million to settle U.S. federal… Read More ›

• Saudi Arabia allows Iranian oil tanker, Happiness 1, to sail back to Iran

  By admin1 on July 22, 2019 • ( 0 )

  

  In the last few weeks, there has been rising tension revolving around Iran and oil tankers in the Persian gulf. In a development that could potentially ease rising tensions in the Gulf, Iran stated it appreciates Saudi Arabia’s efforts in… Read More ›

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