The Brazilian government has approved a strategic partnership between Boeing and Embraer, which will set up two joint ventures (JVs), according to a general release of the companies. "Embraer and Boeing welcome the approval of their strategic partnership by the Brazilian government, which will...

It is expected that Japanese prime minister Shinzo Abe would apprise UK’s counterpart Theresa May about the concerns of his country about a no-deal Brexit in a meeting of the two leaders in London.   There are high concerns about a no-deal Brexit for Japan because more than a thousand...

The world economy in 2019-2020 will grow more slowly than in 2018, as follows from a new forecast of the World Bank (WB). Compared to the June estimate, the forecast for 2019 has been reduced by 0.1 percentage points (pp) to 2.9%, due to a drop in activity in global trade and manufacturing, as well...

It is likely that the economic growth for the Chinese economy in 2018 would come to below the 6 per cent level primarily because of a faltering domestic demand, according to a noted economist.   There are clear indications of weaker growth in recent times for the second largest economy of...

South Korean Samsung Electronics Co., the world's largest manufacturer of smartphones and semiconductors, predicts a drop in operating profit in the fourth quarter by 28.7%, to approximately 10.8 trillion won ($ 9.67 billion) compared to 15.15 trillion won for the same period a year earlier....

PG&E Corp was stripped of its investment grade credit rating on Monday by the global ratings agency S&P Global Ratings. The arguments put forward by the ratings agency for lowering the stocks of PG&E included the California power utility  was set to face acute challenges resulting...

The weakening of the Chinese economy was cited to be the incentive for the country to come to a trade agreement with United States, said the US President Donald Trump on Sunday and added that the talks on a trade deal with Beijing are going “very well,” citing the weakening Chinese economy as an...

The US Federal Reserve Chairman Jerome Powell tried to assure concerns of investors and the markets by saying that the fed is aware of the risks in the economy and in 2019 it would get more patient and flexible in its policy decisions, even as there were concerns that the fed was not insensitive...

French government to take “any necessary measures” if the “company heads of companies listed in France” are not found to be “tax residents in France”. The government of France brings the French listed company chiefs under its scrutiny as measure to ensure their compliance with tax regulations in...