The general U.S. oil drilling trend shows that it is set to become the world’s no.1 oil producer. On Monday, two factors contributed in the rise of oil prices. The first was the drop in production of U.S. rigs drilling… Read More ›
employment
Goldman Sachs preparing to move its London-based team to Frankfurt
Members of Goldman Sach’s derivatives and debt capital markets teams, working on German accounts, have been told to relocate to its offices in Frankfurt. According to two sources with knowledge of the matter, Goldman Sachs has put more than 2… Read More ›
Apple to receive $207.8 million incentive for its data centers in Waukee, Iowa
Midwestern states have become a magnet for data centers of tech companies in the state. Apple has disclosed that it will build a $1.375 billion data center in Waukee, Iowa and receive $207.8 million in incentives from the Iowa Economic… Read More ›
Toyota Motor Corp to set up auto assembly plant in US in joint collaboration with Mazda
Toyota’s fuel efficient sedans and SUVs caters to design-conscious consumers in the US. As per a sourced briefed with the matter at hand, Toyota Motor Corp and Mazda Motor Corp are set to collaborate on developing a $1.6 billion U.S… Read More ›
Trump tightens visa rules to curb extremists entering the U.S.
State Department officials have stated the new visa rules will kick in mostly when applicants become a person of interest. In what could amount to proactive action, the Trump administration is asking U.S. visa applicants worldwide to provide biographical information… Read More ›
The Trump Administration has started ‘extreme vetting’ vetting at Australia’s detention centers
Trump had labeled the deal as “dumb”. As per two sources located at Australia’s offshore detention centers, officials from the U.S. Homeland Security have begun “extreme vetting” interviews in Australia. Trump had termed Washington’s refugee swap deal with Australia as… Read More ›
Japan likely to announce U.S. investment plan during Shinzo Abe’s U.S. visit
The $7 billion investment plan by Sharp Corp is aimed at smoothening U.S.-Japan ties. A source with knowledge of the matter has revealed that Sharp Corp is likely to build a $7 billion plant during the first half of this… Read More ›
9 million U.S. jobs rely on exports to Canada
Thomas Donohue, president and CEO of the U.S. Chamber of Commerce, told business delegates in Ottawa, without criticizing Trump, that significant changes to NAFTA will affect the connected economies of the United States, Canada and Mexico. The head of an… Read More ›
Samsung considering building a home appliances manufacturing plant in the U.S.
Although the Trump Administration has not specifically targeted any South Korean company, many have preemptively announced potential investment plans to ward-off criticism. Potential investments plans could however sour stemming from risks from the Trump administration’s trade policies. According to a… Read More ›
Trump’s protectionism is an opportunity for Germany
In an increasingly connected world closing borders and trade routes is essentially self-defeating. German officials have suggested to their government that this is a classic watershed moment to invest in deepening the country’s trade ties with Asia and South America…. Read More ›
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