Recent Posts - page 599

• Hong Kong steadily losing wealth to Singapore

  By admin1 on June 28, 2019 • ( 0 )

  

  The steady stream of wealth that is being moved out of Hong Kong to Singapore is due to China’s aggressive posturing on the former British isle. According to sources familiar with the matter at hands, many foreign wealth managers are… Read More ›

• China’s Dajia Insurance Group to take over the assets of Anbang Insurance Group

  By admin1 on June 28, 2019 • ( 0 )

  

  Dajia Insurance Group has a registered capital of $2.97 billion. According to a Chinese government document, Beijing has formed a new company called Dajia Insurance Group in order to take over the assets of Anbang Insurance Group. According to a… Read More ›

• Japan Wants Next British PM Should Not Go For No-Deal Brexit

  By admin2 on June 27, 2019 • ( 0 )

  

  The United Kingdom should not go out of the European Union without a trade deal, Japan has urged to the two Prime Minister hopefuls Boris Johnson and Jeremy Hunt, when either of them becomes the UK prime minister. That request… Read More ›

• US Urged By China To Remove Ban On Huawei

  By admin2 on June 27, 2019 • ( 0 )

  

  China has demanded that the sanctions imposed on the Chinese tech company Huawei by the United States should removed with immediate effect. This demand was made by a spokesman for the country’s commerce ministry on June 27 even as US… Read More ›

• Real-Time Payments For EU Banks To Speed Up Due To Competition From Facebook And The Likes

  By admin2 on June 27, 2019 • ( 0 )

  

  According to officials of the finance industry, by 2020, there can be in place a an instant payments system shared by all banks in the euro zone. This would be driven by greater competition being faced by banks from services… Read More ›

• Huawei Technologies loses trade secret lawsuit against CNEX Labs Inc

  By admin1 on June 27, 2019 • ( 0 )

  

  According to Paul Shere, CNEX’s spokesman, Huawei’s lawsuit was an effort to acquire “CNEX’s advanced semiconductor technology” through a court action. In a setback to China’s Huawei, a A U.S. has cleared semiconductor designer CNEX Labs Inc of stealing trade… Read More ›

• Peter Hochholdinger, VP of production leaves Tesla

  By admin1 on June 27, 2019 • ( 0 )

  

  Tesla’s car production is an intensive environment, only the very tough who can meet demanding deadlines can thrive. According to news website, Electrek, Peter Hochholdinger, Tesla Inc’s vice president of production at its Fremont factory, has left the company. The… Read More ›

• Bombardier’s trade secrets lawsuit dropped following Mitsubishi-Bombardier deal

  By admin1 on June 26, 2019 • ( 0 )

  

  Bombardier and Mitsubishi have agreed that the latter will purchase Bombardier’s CRJ regional jet program. Details of the deal have not yet been disclosed. In a statement, Mitsubishi said, Bombardier’s trade secrets lawsuit against its aircraft unit has been “stayed”… Read More ›

• Unilever to close ice cream facility production factory in Henderson, Nevada

  By admin1 on June 26, 2019 • ( 0 )

  

  Employees at the plant can apply for open positions at other sites. In a statement Unilever said, it would be closing its ice cream manufacturing facility in Henderson, Nevada. As a result of this closure, 300 people are likely to… Read More ›

• Hard Brexit border to cost 50K pounds a minute in border delays: British car industry body

  By admin1 on June 26, 2019 • ( 0 )

  

  Boris Johnson and rival Jeremy Hunt, have both said they are prepared to take Britain out of the EU without a deal on Oct. 31, 2019, although this is not their preferred option. In a statement, Britain’s car industry warned… Read More ›

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