EU leaders have repeatedly warned that the four freedoms of the 28 member nation bloc, Freedom of people, of goods, of services and capital, cannot be cherry picked. In a significant development, Britain’s famed finance industry has given up its… Read More ›
analysis
Ford expects increased costs in 2017, more profits in 2018
Increased costs due to factors, including those related to the outcome of the U.S. elections as well as those related to the challenges of self-driving cars are likely to push up Ford Motor’s costs in 2017. GM, however, has provided… Read More ›
Boeing set to trim workforce in 2017
It would not be surprising if Boeing’s management had gauged Donald Trump’s protective policies early on and had let it be known that it would be trimming its workforce. After all, during the campaign trail Trump had been very loud… Read More ›
VW’s executive arrested in Florida on charges of fraud
The timing of the arrest is unusual given the extensive negotiations VW has had with U.S officials on ways to surmount and move past the diesel emission. The New York Times has reported that the Federal Bureau of Investigation has… Read More ›
Gartner acquires CEB in a cash and stock deal valued at $2.6 billion
The deal marks 2017’s first significant merger in the advisory, research and analysis industry. Gartner Inc, an IT research and an advisory company, has disclosed that it is set to acquire CEB Inc, a provider of business research and analysis,… Read More ›
American Apparel’s branding theme could potentially create pressure points for its acquirer
With Donald Trump pressurizing companies to subscribe to his agenda, American companies such as Amazon.com and Forever 21, could succumb to cost conscious competitor such as Canada’s Gildan Activewear Inc. According to sources familiar with the discussion at hand, online… Read More ›
British consumers capitalize on holidays shopping discounts boost consumer spending to 11 year high
Defying downturn predictions following Britain’s shock Brexit referendum the British economy has surged forward. However in the long run, the price of the sterling and its ability to negotiate access to EU’s single market will determine the country’s economic future…. Read More ›
Brexit has made British companies vulnerable to acquisitions
The shock verdict has led to a fall of business and investor confidence in the British economy. The fall of the pound has made the UK companies easy picking for foreign companies who have snapped up lucrative deals. The shocking… Read More ›
Takata appears eager to settle DoJ probe before Obama leaves office
Takata’s inflator for airbags affect 42 million vehicles in the U.S. alone. This will make it the largest ever recall in U.S. history. Japanese airbag manufacturer Takata whose defective air bags have been linked to 11 deaths in the United… Read More ›
Boeing bags IranAir deal by giving 50% discount
Following the partial lifting of U.S. led sanctions, Iran presents itself as a huge economic opportunity. While Boeing’s deal has been made possible by outgoing U.S. President Barrack Obama, President-elect Donald Trump is a huge critic of the U.S-Iran nuclear… Read More ›