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A Total - Maersk deal has led to Total buying the Maersk oil operation for $7.45 Billion (£5.8 bn). Maersk Oil is a Danish company that has the concession for the exploration and production of oil and gas in the Danish sector of the North Sea. By purchasing Maersk, the French oil giant Total has suddenly become th [...]
BHP Billiton US shale assets in the US are to be sold. The decision was made after the Australian mining company declared a net profit of $5.89 billion. Although this result was lower than analysts expected it was still better than last year. The global mining firm made a record loss in 20176 of $6.39 billion.
US car production is gradually slowing down. Ford SUV sales in July 2017 have increased by 2.2% over July, 2016. However, overall auto sales were down 7.4% for the same July. How is this, and what can be done to ensure non-SUV sales maintain a high position in the market?
The so-called ‘Japanese syndro [...]
US factory output dropped in July according to the Federal Reserve. The main reason for this was ascribed to falling car production. While factory output dropped by 0.1%, overall production increased by 0.2%. This figure includes mining and utilities, increasing by 0.5% and 1.6% respectively.
This info [...]
Further to our recent news article “Is the US-China Trade Relationship in Jeopardy?” the US has now launched an official investigation into China’s use of ‘intellectual property.’ The US-China Trade Relationship appears to be in trouble regarding China’s use of counterfeit goods and pirated software.
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