Economists opine that the 3 projected hikes in interest rates this year by the Feds could potentially offset the short term benefits of these tax cuts, which could in turn dampen the United States’ economic growth. A poll conducted by… Read More ›
Donald Trump
An outlook on how the imposition of steep tariffs on washers and the solar industry is likely to play out in the U.S.
The imposition of these tariffs are in line with Trump’s ‘Make in America’ push and could significantly effect its skewed trade balance with China. With U.S. President Donald Trump slapping steep tariffs on solar panels and on imported washing machines,… Read More ›
Fiat Chrysler Automobiles to shift production of its Ram heavy duty pickup trucks to Warren, Michigan, from Mexico
While FCA plans on boosting the output of its Mexican plant in 2018 & 2019, in 2020 having shifted the production of its Ram heavy duty pickup trucks, it plans on reconditioning the plant to produce a yet to be… Read More ›
Trian Fund Management will collaborate with management: Nelson Peltz
Billionaire investor Nelson Peltz on U.S. activist investors, conflict of interest at proxy advisory firms, U.S. tax reforms. Nelson Peltz, the billionaire investor has a message for CEOs in America – you do not have to fear for your jobs… Read More ›
Britain eyeing TPP once it leaves the EU in March 31, 2019
EU rules state that Britain cannot join any trade deal before it leaves the bloc. The Financial Times has reported that Britain is interested in joining the Trans-Pacific Partnership trade bloc once it formally leaves the European Union. Britain has… Read More ›
Investors trumped from lack of windfall gains from new contracts for private prisons
While investors had hoped that Trump’s tough talk on illegal immigrants will result in CoreCivic Inc and Geo Group Inc winning government contracts for building prisons, but with fewer illegal immigrants taking the risk to cross over from Mexico to… Read More ›
China allowing tourism in North Korea through its border cities with its ally
Thanks to Chinese tourists North Korea earns $44 million a year in foreign currency. According to tourism sources, Chinese tourists are still visiting Pyongyang from China’s border city Dandong. The development is despite apparent unofficial halting of such tours, just… Read More ›
Trump’s new national security strategy identifies China as its main competitor
China’s trade practices, especially its over production and dumping policy, which has increasingly drawn flak across major economies including the EU, India and U.S., is likely to face further hurdles and heightened scrutiny. On Monday, with U.S. President Donald Trump… Read More ›
Walt Disney acquires 21st Century Fox Inc for $52.4 billion
The deal, representing on the biggest in the movie and television industry in recent years, should be seen in the context of viewers migrating to technology companies such as Amazon.com and Netflix for their on-demand, anywhere, anytime access features. No… Read More ›
U.S. Federal Reserve largely expected to raise interest rates on Wednesday
While the hike of interest rates is on expected grounds, its expected hint on the impact of Trump’s tax overhaul is eagerly awaited by investors. With the widely expected raise of interest rates by the Federal Reserve is likely to… Read More ›
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