No reason has been provided by Knorr Bremse for Klaus Deller’s removal as its CEO. Analysts believe Deller’s resignation may not have anything to do with the company’s financial performance or strategy. In a significant development, Knorr Bremse, a brake… Read More ›
Strategy
Activist investor Edward Bramson issues fresh letter to shareholders over joining the bank’s board
Edward Bramson is pushing the investment bank to undertake a strategic overhaul. On Monday, in a development that ratchets up the war of words between activist Edward Bramson with Barclays, Bramson made a fresh plea with Barclays’ investors to give… Read More ›
Volkswagen strikes strategic partnership with Amazon for industry cloud
Volkswagen’s tie up with Amazon will help improve production at its factories. According to a report by Germany newspaper Sueddeutsche, the European Union’s biggest carmaker Volkswagen has struck a strategic partnership with Amazon.com Inc to create a kind of “industry… Read More ›
Trump has broad support for his trade reform push against China
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 ›
Macron pushes France’s strategic interests in Kenya
French President Emmanuel Macron’s visit to Kenya has major geostrategic and economic implications. A strong bi-lateral relation between the two countries could largely offset China’s growing clout in the region. On Thursday, in a development that marks a deepening of… Read More ›
China’s trade surplus in February much lower than forecast
According to analysts, there are multiple factors, including an internal clampdown on riskier lending practices, slowdown in global economy and U.S. trade action, because of which the Chinese economy is cooling down. \ In February 2019, in what is possibly… Read More ›
Lockheed Martin unveil F-21 fighter jet for India
Lockheed Martin unveiled the F-21 fighter jet at an airshow in the southern Indian city of Bengaluru. On Wednesday, in a development that underscores an increase fostering of U.S.-India defense ties, Lockheed Martin has offered India a new combat jet… Read More ›
British parliament to decide fate of Brexit today
May’s Brexi deal faces strong headwinds in parliament. Today’s vote will not only decide her May’s career but also chart Britain’s economic and geo-political future in the days to come. On Tuesday, in a historic vote in the British parliament… Read More ›
Majority of Southeast Asian economies wary of China’s Belt and Road Initiative
Here is a summary of the results of a survey conducted by the ISEAS-Yusof Ishak Institute which is affiliated with Singapore’s government. As per the results of a policy survey by the ISEAS-Yusof Ishak Institute which is affiliated with Singapore’s… Read More ›
USMCA does not impact bilateral agreement: Mexican Foreign Minister Luis Videgaray
Although U.S. Commerce Secretary Wilbur Ross had termed a provision of the USMCA as a “poison pill”, Mexico and China have agreed to interpret it differently: they have emphasized that it does not impact bilateral trade relations between countries that… Read More ›