Recent Posts - page 610

• FCA Renault merger proposal has merits

  By admin1 on May 27, 2019 • ( 0 )

  

  An European industrial giant in Europe bodes well for the bloc. On Monday, Sibeth Ndiaye, a spokeswoman for the French government stated, the government is looking “reasonably favorably” on a proposed merger deal between Italian carmaker Fiat and France’s Renault…. Read More ›

• Fiat proposes merger of equals with Renault

  By admin1 on May 27, 2019 • ( 0 )

  

  Fiat Chrysler’s proposed merger with Renault aims to mitigate the costs of emerging technological and regulatory challenges by creating a company which will be the third biggest carmaker in the world. On Monday, shares of Renault and Fiat surged following… Read More ›

• Mexico To Hold Auction Of Seized Vehicles Obtained By Corrupt Means

  By admin2 on May 24, 2019 • ( 0 )

  

  The government of Mexico under its leftist president has taken up a populist anti corruption crusade. And this week end, government authorities are going to auction away dozens of luxury cars that have been seized from corrupt politicians and mobsters… Read More ›

• Safety Budget Of Facebook Is Higher Than Twitter’s Annual Revenues: Mark Zuckerberg

  By admin2 on May 24, 2019 • ( 0 )

  

  Facebook is cracking down harder on fake accounts. In the first quarter of 2019, action taken by Facebook against suspected fake accounts was twice as much as it had done with such accounts in the fourth quarter of 2018, announced… Read More ›

• Countries who artificially undervalue currency could see hike in U.S. tariffs

  By admin1 on May 24, 2019 • ( 0 )

  

  Chinese exports to the United States could face additional hike in tariffs from this proposed new rule by the U.S. Commerce Department. In a significant development the U.S. Commerce Department stated it proposes to impose anti-subsidy duties on products from… Read More ›

• $16 billion farm aid to help American farmers: U.S. agriculture secretary Sonny Perdue

  By admin1 on May 24, 2019 • ( 0 )

  

  The U.S. is making efforts to ease the pains of U.S. farmers, a key constituent who voted for Trump in 2016, including expanding export efforts to other markets other than China, including India, Thailand, Malaysia, the Philippines among other countries…. Read More ›

• A China Ban Could See Apple Earnings Fall By Almost 30%: Goldman Sachs

  By admin2 on May 23, 2019 • ( 0 )

  

  There is no truce in sight for the acrimonious trade war between the United States and China. In the latest escalation to that trade war, the US Commerce Department blacklisted the Chinese telecom equipment making giant Huawei after US president… Read More ›

• Thyssenkrupp’s board open to sale of its Elevator Technology business

  By admin1 on May 23, 2019 • ( 0 )

  

  Thyssenkrupp’s CEO Guido Kerkhoff prefers that its Elevator Technology business be listed on a stock exchange. According to two sources familiar with the matter at hand, Thyssenkrupp’s supervisory board has left provisions open for a potential sale of its elevator… Read More ›

• Deutsche Bank ready for tough cutbacks at investment banking division: CEO

  By admin1 on May 23, 2019 • ( 0 )

  

  This is what Christian Sewing’s Deutsche Bank’s CEO told shareholders at the bank’s annual general meeting.   On Thursday, Deutsche Bank’s chief executive Christian Sewing informed shareholders that he was ready to make “tough cutbacks” on its investment banking business…. Read More ›

• Tanzania’s $10 billion China backed port facing strong headwinds over investment terms

  By admin1 on May 23, 2019 • ( 0 )

  

  According to Tanzania the conditions laid out by China for this infrastructure project are commercially unviable. Many economists say, China-backed infrastructure projects are a huge debt magnet and economically de-stabilises the economy of the host country. According to a senior… Read More ›

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