The data could potentially prolong and deepen the ongoing trade war. Official data from the U.S. shows, Beijing’s exports to the United States, have unexpectedly risen to record highs. China’s trade surplus with the U.S. peaked in June and could… Read More ›
forecast
Demand for LNG to outpace crude oil in the next 2 decades
France’s Total SA, a big player in the global LNG market, is positioning itself strategically across the length of the LNG supply chain – from production, liquefaction to shipping and sales, to reap the growing bounty. The global natural gas… Read More ›
Britain’s budget surplus promise is unrealistic: Institute of Fiscal Studies
Here’s what the Institute of Fiscal Studies, leading think tank in Britain, has to say on Britain’s post Brexit finances. On Monday, a think tank stated, the noble aims of British finance minister Philip Hammond to have a budget surplus… Read More ›
Wal-Mart increases its online footprint, forecasts 40% growth in online sales for fiscal year 2018
With Wal-Mart ramping up its online sales strategy to better fend off Amazon.com Inc, the move is starting to pay dividends. The world’s biggest brick-and-mortar retailer, Wal-Mart Stores Inc has forecast a 40% rise in its U.S. online sales for… Read More ›
Foxconn’s Wisconsin plant will take at least 25 years to break even
This analysis was done by the non-partisan Legislative Fiscal Bureau. As per a legislative analysis of Wisconsin’s $3 billion incentive package to Foxconn’s proposed LCD screen plant in the states, it will take at least 25 years for the state… Read More ›
British companies to boost their advertising budgets despite Brexit’s cloud hanging over their heads
The survey is reflective of the strong resilience of the British people. As per the results of a survey, British companies are planning to boost their spending on advertising this year on the hopes that the economies of the… Read More ›
NHTSA opens probe into 642,000 Ford cars and SUVs
Door latch issues have plagued Ford’s many models leaving consumers to latch their cars with ropes and seat belts. As a result of its recalls, Ford has made downward revisions to its adjusted full-year pre-tax profit forecast to $10.2 billion… Read More ›