Is it not absurd that Europe pays 300 billion euros a year in US dollars while importing only 2% of its energy imports from the U.S.? On Wednesday, European Commission President Jean-Claude Juncker called on the European Union to promote… Read More ›
Europe
Fujifilm Holdings Corp threatens to compete with Xerox Corp unless tech agreement is renewed
Xerox has already started sourcing products from new vendors and has made it lucidly clear that it may not renew an agreement with Fujifilm. On Wednesday, Fujifilm Holdings Corp threatened Xerox Corp stating it will compete with it in the… Read More ›
U.S. Dollar touch 11 month as trade feud escalates with China
Although previous protectionist efforts by the U.S. have weakened the dollar, Trump’s trade war rhetorics have, contrary to expectations, strengthened the dollar against a basket of major currencies. With U.S. President Donald Trump threatening to impose 10% tariffs on $200… Read More ›
Asian markets wobble with U.S. readying trade tariffs against China
There is a growing nervousness amongst investors since the window of opportunity of avoiding a trade war is rapidly closing. On Friday, with media reports stating that U.S. President is set to impose “pretty significant” tariffs against China, shares across… Read More ›
U.S. economy chugging along smoothly despite risks of trade wars
Emerging economic data of the U.S economy has so far managed to keep trade wars and related fears at bay. All eyes are now on the outcome of the G7 meeting in Quebec and that of the Federal Reserve, scheduled… Read More ›
UBS Report ranks the world’s top 77 metropolitan cities
Did you ever wonder which is the world’s most expensive city to do business in? Which offers the most value for money? Which city offers the most bang for money for couples going out on a Friday night? The UBS… Read More ›
Regulations should facilitate cross-border mergers in Europe: ECB’s Francois Villeroy de Galhau
Reduced regulatory hurdles could spur more growth in the M&A scene in the EU. On Monday, CEB’s Francois Villeroy de Galhau, who is also the Governor of the Bank of France, stated, it is of prime importance that regulatory hurdles… Read More ›
Uber faces flak from Australia’s competition regulator
Uber is in the midst of preparing for its IPO in 2019. It is facing strong competition in the U.S. and in Europe. On Monday, the head of Australia’s antitrust regulator stated it will scrutinize contracts signed between Uber Technologies… Read More ›
Imposition of stiff import duties on aluminum and steel would significantly raise prices of U.S cars and trucks: Toyota Motor Corp
U.S. tariffs on imported aluminum will not only see a cost increase ripple through supply chains of carmakers but also risks retaliation from major partners. On Friday, Japan’s Toyota Motor Corp stated the imposition of stiff tariffs on imported aluminum… Read More ›
Boeing prepares to fight Bombardier’s CSeries aircrafts through a joint venture with Brazilian aircraft maker Embraer
While Airbus has sided with Bombardier, in the Canadian aircraft maker’s dispute with Boeing, through this proposed joint venture with Embraer, Boeing aims at becoming the leader in the 70-seat to 130-seat regional jet market. Brazilian newspaper O Globo reported,… Read More ›