The comeback of Detroit is seemingly entering a new phase as the once birthplace of the American auto industry and a steady producer of the manufacturing jobs which helped it to be identified as the Motor City, has been in decline for years now. And of places, an Indian automaker announced the setting up of…
A new investigation about whether election spending rules were broken by one of the main pro-Brexit campaign groups was opened by the UK electoral regulator. Recently, there had been new evidence that were presented which questioned the earlier decision of the Commission earlier this year of not taking any punitive action over the payments that…
Here is how how China Energy Fund Committee guided a Chinese oil and gas company to secure lucrative contracts in Chad. In a development that underscores the methods used to gain contracts, the U.S. has charged a man from Hong Kong as well as the former foreign minister from Senegalese for bribing high-level officials in…
While the move is expected to dent the already low margins of low-cost carriers, it is to be seen how it will impact inbound visitors. On Tuesday, Shinya Katanozaka, the CEO of Japan’s biggest airline by revenue stated, if Japan were to impose a departure tax on airlines, its impact will ripple though a big…
Goldman Sachs has finally decided to split it European business between Frankfurt and Paris as the bank has retracted from identifying any one single European city as its headquarters for its post-Brexit EU home. For all of the business that it would no longer be able to conduct rom London after March 2019, the German…
Smartwatches for children have been described as being spying devices by a German regulator which has also banned the sale of such devices aimed at children. Similar reasons had been behind the same regulator earlier banning an internet-connected doll called, My Friend Cayla. Parents of children with such smartwatches were urged to destroy the devices…
French Prime Minister made it amply clear that France will not tolerate any takeover which is deemed as hostile for its national industries. On Monday, French Prime Minister Edouard Philippe made it clear that the French government will put its weight behind national companies and will not allow any takeover that are deemed as hostile.…
Britain’s departure from the European Union will be celebrated by two European cities soon even though it is still over a year for Brexit to take place. Brexit Because Britain is leaving the EU, moving to a new city in the block is eminent for the European Banking Authority and the European Medicines Agency, two…
Any kind of pressure to raise wages of employees from most of their employee was not felt by about one fourth of respondents, claimed the Chartered Institute of Personnel and Development and The Adecco Group in its newest edition of the quarterly published Labour Market Outlook. However, either some or significant pressure was felt by…
The mysterious launch of the Zuma spacecraft by the U.S. aerospace firm SpaceX was rescheduled for a later date with the aim to review “data from recent fairing testing for another customer.” “Though we’ve preserved the range opportunity for tomorrow, we’ll take the time needed to complete the data review and then confirm a new…
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