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A ‘Dramatic’ Drop In Car Production Hits UK Economy Hard

Official figures in the United Kingdom showed that there had been a "dramatic" drop in car production along with reduction of stockpiles by auto companies which resulted in a shrinking of the economy in April.    According to statistics from the Office for National Statistics (ONS) of...

Mexico Refuses Suggestions Of It Being An Asylum To Central American Migrants

The idea that could be proposed by the United States with its talks with Mexico about the later providing asylum to immigrants from Central America would be rejected by Mexico even as it faced threats of import tariffs on all of its goods into the US by US president Donald Trump last month over the...

Ban On Boeing 737 Max Should Be Lifted Jointly Globally, Wants Airlines

Regulators globally should coordinate in implementing the software changes to the Boeing 737 Max, believes global airlines so that the lifting of the ban on the global grounding of the crafts can be made together uniformly throughout the world.   A series of differently timed decisions to...

UK Electric Vehicle Owners Risking Life By Charging From Home Mains Supply

Owners and drivers of electric vehicles in the United Kingdom are taking the very dangerous option of getting their vehicles charged at home because of a shortage of public charging infrastructure in the country, claimed an electrical safety charity.   The report, based on a survey called...

China Could Hit US With Rare Earths In The Ongoing Trade War

In the ongoing bitter trade war with the United States, China has warned that it could hit back by using its access to rare earth elements. This was conveyed by the Chinese authorities through an extremely strongly worded commentary in China’s Communist Party newspaper on Wednesday where in China...

Mexico Close To Striking Deal With Us On Tariffs On Steel & Aluminum

According to news reports quoting a senior Mexican official, an agreement with the United States over steel and aluminum tariffs without quotas is soon to be reached. Mexico also hopes that a similar agreement is reached by Canada before completing it.   A deal to remove the so-called...

$2 Billion Award In Roundup Trial Against Bayer In US, Shares Fall

Upholding the allegations against Bauer’s Roundup weed killer being a cause of cancer, the largest U.S. jury verdict against the company – over $2 billion to a California couple was awarded by a jury, which sent the shares of company dropping by as much as 5 per cent.   That threatened the...

China Using Non-Tariff Barriers To Import Of Their Farm Products: Canadian Farmers

According to reports, a diplomatic dispute with China has become a cause of concern for exporters of farm products from Canada as many of them – including exporters of soybeans, peas and pork, find their products being held up at Chinese ports, reports say that this list is growing.   ...

No More Extension Of Waivers On Iranian Oil Imports: US

All the waivers given to some countries linked to the sanctions on Iranian oil by the United States would not be renewed, the Trump administration announced on Monday. Several countries were not imposed additional sanctions by the US for continuing to import Iranian oil even after a sanction on the...

Study Shows US Beverage Firms Paid $250M Extra In 2018 Due To Aluminum Tariffs

A country wide trade association that represents the U.S. brewing industry has recently unveiled a study that shows that the import tariffs that were put on aluminum by the United States President Donald Trump under Section 232 has resulted in the U.S. beverage industry making additional payments...

Ford To Exit Russian Auto Market

United States automaker Ford Motor Co has decided to move out of the Russian market.   Ford is going to close down its joint venture in Russia - Ford Sollers, formed earlier with a domestic company, and the two assembly units of the company in the country would also be closed down as a...

Levi Strauss’ IPO Will Give It Much Needed Money For Expansion

The pioneer and inventor of blue jeans, Levi Strauss & Co is returning to the United States stock market after about three decades through its launch of its IPO and the company is expecting to generate about $587 million through sale of shares. If that amount of money is generated by the...
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