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China cut investments in America and Europe by 70%

    China cut investments in America and Europe by 70%

In 2018, China reduced the amount of investments in the US, Canada and Europe to a minimum over the last six years. The total investment has amounted to $ 30

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Honda will stop production in Britain

    Honda will stop production in Britain

Honda will stop its factory in Swindon for 6 days. An attempt to avoid potential problems that may appear after Brexit motivated that decision. The company says that these measures

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Ford will close several plants in Europe

    Ford will close several plants in Europe

Ford Motor Company is going to cut thousands of employees in Europe because of the reorganization of production in the region. The company wants to reduce costs with the help

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Oil price is rising after the 6-week fall

    Oil price is rising after the 6-week fall

Oil started the week with a good growth. However, experts say that it is not worth waiting for a serious move, because the market has already been oversold. During the

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Ford has acquired a startup for the rental of electric scooters

  Ford has acquired a startup for the rental of electric scooters

An auto giant Ford has bought a service of electric scooter rental to compete in this field with the companies

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Morgan Stanley lowered oil price outlook

  Morgan Stanley lowered oil price outlook

Morgan Stanley has changed the oil price forecast for Brent and WTI benchmarks for the next year, because the supply

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Over 700 individuals and legal entities fell under the US sanctions

  Over 700 individuals and legal entities fell under the US sanctions

The sanctions against Iran have affected the airline Iran Air, a shipping company IRISL and a few dozen banks. In

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China will become a test site for drones designed by Ford and Baidu

  China will become a test site for drones designed by Ford and Baidu

An American auto giant Ford and the Internet giant Baidu from China are concluding an agreement in order to test

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Oil started falling due to the likelihood of the reduced demand

  Oil started falling due to the likelihood of the reduced demand

The oil market shows the negative dynamics against the background of a possible reduction in demand, which happened due to

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IBM will pay $33 billion for Red Hat

  IBM will pay $33 billion for Red Hat

IBM, computer equipment provider, intends to buy Red Hat for $ 33 billion. For both companies, this will be the

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