Bill Franke, owner of Phoenix-based Indigo Partners, and Airbus’ John Leahy are likely to be the star of the Dubai Airshow. Bill Franke, a veteran investor in the airlines sector, is set to place a historic $40 billion order for… Read More ›
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Emirates pushing Airbus for the A380 superjumbo jet program
Airbus is willing to build the A380 only if its financially viable: unless orders queue up, it isn’t willing to develop the superjumbo jet. On Tuesday, at the Dubai Airshow, Tim Clark, the CEO of Airbus, stated the company’s board… Read More ›
In a strategic shift, U.S. South Korea trade talks gain momentum
As per the U.S. Census Bureau, the trade deficit between the two nations have dropped significantly in June 2017. In a positive development that is likely to pave way for future trade talks, South Korea disclosed it was open to… Read More ›
Britain to enter into a bilateral trade agreement with Japan following Brexit
With reduced access to the EU’s single bloc economy, British Prime Minister Theresa May wants to assure her peers and British businesses that she can live up to their aspirations, deliver Brexit, and still manage the economy. As per a… Read More ›
Trump threatens to scrap KORUS, wants payment for THAAD
Trump’s comments have upset South Korea’s stock market which has plummeted despite brightening economic prospects. U.S. President Donald Trump has threatened he will either renegotiate or terminate on what he termed as a “horrible” free trade deal with South Korea,… Read More ›
Trump wants to use FDI to re-build basic infrastructure in the United States
In a nutshell, here is the essence of the U.S Vice President Mike Pence’s 3 nation tour of Asia. In a strategic development in U.S.-Japan relations, U.S. Vice President Mike Pence is set to meet Taro Aso, Japan’s Deputy Prime… Read More ›
Google will partially open up Android to rivals
This is thanks to an out-of-court settlement with Russian competition authorities. In a significant legal breakthrough, Alphabet Inc’s Google has decided to an out-of-court settlement with Russia’s competition authorities in which it will open up Android, its mobile operating system,… Read More ›
Brexit reversible: European Parliament
For Brexit to be Brexit, Britain will have to first settle its bills, cross guarantee citizen’s rights, and accept the European Court of Justice as the final authority in all legal matters till it exits the bloc. With British Prime… Read More ›
Brexit negotiations could take more than just 2 years: Jean-Claude Juncker
Britain will have to change more than 20,000 of its laws so that it can complete its divorce proceeding. Furthermore, as a member of the EU, Britain cannot undertake any bilateral agreement(s). Jean-Claude Juncker, the President of the European Commission… Read More ›
Softbank’s tech fund mulling investment of $1 billion plus into WeWork
WeWork had also held discussions regarding investments from Uber Technologies. Discussions with Softbank are on-going and there is no certainty that it will result in a deal. The Wall Street Journal has reported citing sources familiar with the matter at… Read More ›