Author: Sheila Neal

Breakingviews
Business
Germany’s ThyssenKrupp Abandons Merger With Tata Steel

German conglomerate ThyssenKrupp on Friday said that it will no longer be considering a merger with India’s steel giant Tata but will look for a partner so that the company can continue its operations. The German giant will also cut more than 6000 jobs worldwide. It said that there were concerns from the European Commission […]

World News
Business
British Defence Secretary Sacked Over Huawei Leak

One of the most startling reports that came out last week from out of the United Kingdom was the one that stated that the country was going to grant Chinese tech giant Huawei permission to build its 5G network. Considering the fact that United States had banned the company after alleging that it is a […]

Economy
profit drop since 2011
China‘s Economy Slowing & Industrial Profits Drop Since 2011

China has witnessed the slowest rate of expansions, and economic growth is slowing down since the beginning of the Year 2019 which is affecting many industries and businesses. The worst hit sectors were the Auto sector where the profits were down by 37.1 Billion Yuan and the profits of the oil processing industry were 31.7 […]

World News
boeing
Boeing Reshuffles Top Engineers

The recent deadly crashes of Boeing 737 MAX aircraft have placed Boeing Co in the biggest crisis in recent times. A new vice president of engineering has been brought in to help the company deal with the situation.  One of the top executives of the company has also been dedicated to the aircraft investigations as […]

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