Daily Management Review

Brexit Is Not A Major Concern Against The Global Uncertain Political Backdrop: C.E.O of Peugeot


04/12/2018


Even though, the clouds of uncertainties loom over the trade and business scenario of Britain with the approaching hour for official Brexit; Peugeot decides to carry on its investments in its southern England plant.



Following an announcement of Peugeot, the chief executive, Carlos Tavares, revealed that the scheduled departure of Britain from the EU bloc which will take place in the coming year, will not be a “sufficient” cause for the company to stop its investments in England’s van plant.
 
However, Tavares added that Britain still needs to finalise a solution for ensuring “frictionless trade with the EU” bloc even after it exits from the it in March 2019.
 
Nevertheless, Peugeot demonstrated agility and appetite in taking risks amid various “political” uncertainties that prevail the world currently, in the shadow of which Brexit seems to be “far” as the “only” concern to address. As a result, he added that the company could not wait longer in taking a “decision on van production at Vauxhall’s plant in Luton, southern England”.
 
References:
reuters.com







Science & Technology

What trends will be affecting the health sector in the coming years?

Deloitte identifies main cyber threats for power industry

Zenuity To Take Self Driving Car Road Test In Sweden With Permission

Researchers: Half of Facebook users is fake

Amazon’s Ring gets in a privacy scandal

Facebook Is Creating A Stablecoin For Its WhatsApp Users

IBM offers to use the first quantum computer

Passport Numbers Of 5 Million Customers Hacked: Concedes Marriott

China Lifts Approval Freeze On New Video Games Launch

Concentrated Solar Plant System To Dispatch Electricity To The Grid On Demand

World Politics

World & Politics

AirHelp expects up to 33 th of cancellations and flight delays per day all over the world in 2019

Far-right and Catalonia: New elections in Spain

Trump is losing rating because of shutdown

Hanoi, Vietnam Chosen As Place For 2nd Summit Between Trump And Kim Jong-Un

US, China to hold new negotiations in Beijing

Human Rights Not To Be Dissociated From Stability, Macron Tells Sisi

Brexit Hijack Is Not The Parliament’s Right

Macedonia ignites political crisis in Greece