Trump’s has secured a 90 day cease-fire with China which allows negotiators 90 days to bring about “structural changes” to China’s policies on intellectual property protection, technology transfers, services and agriculture, cyber theft, non-tariff barriers and cyber intrusions. U.S. President… Read More ›
protection
Mattress Firm Inc emerges from bankruptcy within 2 months of filing for Chapter 11 protection
The firm’s strategic decision to voluntarily file an early protection from bankruptcy in October 2018, gave it some much needed breathing room. On Thursday, Steinhoff International stated its Mattress Firm Inc unit, the largest mattress retailer in the United States,… Read More ›
China vows response to U.S. tariffs threat
U.S. President Donald Trump has threatened to slap tariffs on all Chinese exports to the U.S. On Monday, a spokesman for China’s foreign ministry stated, Beijing will respond if the United States was to take any further steps on trade…. Read More ›
French industrial giant Alstom SA agrees to merge with German engineering giant Siemens AG
The industrial giants have agreed to stand shoulder to shoulder to withstand the assault of China state-owned railways – CRRC Corp Ltd. In a significant development, French industrial group Alstom SA has agreed to merge its railways business with its… Read More ›