Not to use foreign exchange to gain competitive advantage, but sticking to their cautious wording on trade is the strategy of the financial leaders of seven leading world economies against cyber crime who pledged stronger cooperation against cyber crime. In order to discuss the world economy, combating terrorist funding, cyber security and taxes, finance ministers…
The order builds on efforts made by the previous Obama Administration. The Trump Administration has made its first significant move in what U.S. President Donald Trump called a top priority, on Thursday, the U.S. President signed an executive order that aims to bolster the government’s cyber security defences and protect its critical infrastructure from cyberattacks.…
Taiwan’s move will not only boost U.S. defence jobs, but will also help defend Taiwan from any external aggression. In a comment aimed at countering Chinese influence, Taiwan has stated it will continue to buy U.S. arms. The purchases will boost U.S employment in at least 6 states and narrow the bilateral trade gap. In…
Although more chic, these are 10%-15% cheaper than the cost of installing a 1700 sq ft rooftop along with traditional solar panels. Tesla Inc has reported that it has begun taking order for its solar roof tiles, a cornerstone of Elon Musk’s strategy of a green, fossil-fuel free lifestyle. Tesla said these solar roof tiles…
Chinese companies are seeing the Great Wall of the United States in the form of CFIUS. With tightening regulatory scrutiny in the United States, Chinese companies are flocking to Israel to invest in its tech sector. In 2016, Chinese investment into Israel touched a $16.5 billion with Chinese companies parking their funds into Israel’s buzzing…
Distrusted due to its close ties with China, Foxconn has to tread carefully and bridge its American business ties with its Communist friends. Less than two weeks after Terry Gou, the CEO of the world’s largest contract electronic manufacturer went to the White House to discuss boosting its investment plans in the U.S., Chinese Premier…
He was earlier the deputy FDA commissioner under the George W Bush administration. On Tuesday, the U.S. Senate has voted to confirm the appointment of Dr. Scott Gottlieb, a venture capitalist and a conservative health policy expert, as commissioner of the Food and Drug Administration (FDA). During the George W Bush administration, Gottlieb, a physician,…
A surge in automated customer service programs as companies move to embrace artificial intelligence (AI) is anticipated by a new research which could end up by chatbots helping in trimming of business costs by more than $8 billion per year by the year 2022. The market research study which was published Tuesday from analysis firm…
While capping sales of conventional cars, signaling a dramatic shift in policy in one of the world’s fastest growing auto markets, lowering taxes and interest rates for loans on electric vehicles, have been recommended by India’s most influential government think-tank, reports the news agency Reuters. Using tax revenues from the sale of petrol and diesel…
The effect of Brexit is steadily having an impact on the British economy. As per the results of a survey, British shoppers are increasingly looking for bargains to offset rising inflation with employers finding it difficult to recruit migrant workers. These trends are a result of 2016’s Brexit referendum. As per the British Retail Consortium,…
