Trump is determined to fix China’s trade relationship with the U.S., an issue that he has railed against for years, long before he even stood for the U.S. Presidency. Although U.S. President Donald Trump’s “America First” policy has angered many… Read More ›
Although its second quarter profits have beaten analysts’ estimate, its profit forecast for the third quarter is well below Wall Street’s expectations. U.S. chipmaker Micron Technology Inc stated, it sees a recovery in the memory chip market in the coming… Read More ›
The effort, aimed at expanding its foothold in the highly competitive Chinese market, will see Starbucks competing with local Chinese startups, including Luckin Coffee. On Friday, Starbucks Corp stated it will be launching a new all-day dining cafe in China… Read More ›
The U.S. Federal Aviation Administration has awarded Vietnam with a Category 1 rating. Vietnam’s aviation industry got a huge boost, with the U.S. Federal Aviation Administration declaring the nation’s aviation being in compliance with international safety standards. As a result,… Read More ›
Mitsubishi’s latest generation of gas turbines churn out the maximum amount of electricity per unit of fuel burned. As per sources familiar with the matter at hand, in 2018 General Electric Co managed to book the most orders for electricity-generating… Read More ›
Given the intertwined nature of the airplane industry, FACC sees no danger to its business due to the U.S.-China trade war. Brexit though is another story, since it could rip apart existing supply chains. China-owned Austrian aeroplane parts maker FACC… Read More ›
The bulk of the fall in industrial output in the Eurozone can be attributed to weak investment appetite for capital goods, durable consumer goods, and non-durable consumer goods. On Monday, in what amounts to a confirmation of the series of… Read More ›
The United States and China have until March to resolve the core issues of the trade war. If Beijing were to continue stonewalling U.S. demands of bringing an end to the abuse of its intellectual property, opening up its market… Read More ›
The Japanese healthcare firm wants to acquire Bristol-Myers Squibb’s over-the-counter drugs business. On Wednesday, France-headquartered Bristol-Myers Squibb Co has received an offer from Taisho Pharmaceutical Holdings Co Ltd, a Japanese healthcare firm, to acquire its over-the-counter drugs business UPSA for… Read More ›
The move is part of a broader push aimed at enhancing shareholder’s value and can be attributed to Elliot Management’s pressure on the South Korean tech giant. On Friday, Samsung Electronics Co Ltd disclosed it will be cancelling its shares… Read More ›
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