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Sony Profit Forecast Reaches Record Levels Due to Playstation 4 Popularity

  •  Published by Pete Nisbet on   October 31, 2017  

The Sony profit forecast for the year to March, 2018, has rebounded from precious disappointing results. The Japanese electronics company has announced its expectation to achieve record annual profits. The popularity of the Playstation 4 gaming console was particularly emphasized as a major reason [...]

Kobe Steel Scandal: Profit Forecast Scrapped Due to Data Falsification

  •  Published by Pete Nisbet on   October 30, 2017  

A Kobe Steel scandal over the falsification of safety data has hit the company hard. The Kobe Steel profit forecast has been scrapped. The Japanese steel company withdrew its profit forecast for the year because the costs of its data falsification activities are not yet fully known. Its interim divi [...]

UK Car Production Down: Brexit Uncertainty Cited as a Cause

  •  Published by Pete Nisbet on   October 29, 2017  

UK car production was down 4% in September, the probable cause being given as Brexit uncertainty. This was in spite of a general growth in Britain’s manufacturing industry. The Markit/CIPS purchasing managers’ index (PMI) for July, August and September were 55.3, 56.9 and 55.9 respectively. Whil [...]

US Economy to Slow Down According to Natixis Investment Bank

  •  Published by Pete Nisbet on   October 28, 2017  

Is the US economy about to slow down? According to French investment bank Natixis it is starting from next year. According to Natixis chief economist, Patrick Artus, there will shortly be a significant slowing down of the US economy. What is the evidence for this, and how will this slowdown take sha [...]

Hong Kong Stock Exchange Closes Today: Portent of the Future

  •  Published by Pete Nisbet on   October 27, 2017  

The Hong Kong stock exchange closes today after 31 years of trading. The closure is the price paid for the rapid rise in internet and electronic trading. Hong Kong is highly unlikely to be the last stock exchange to become redundant.  As increasing amounts of trading are carried out online, the old [...]

Airbus Bombardier Partnership Saves C-Series Jet Project

  •  Published by Pete Nisbet on   October 18, 2017  

An Airbus Bombardier partnership may have saved the Irish plane manufacturer. We reported previously that the US has slapped a 300% import duty on the Bombardier C-Series passenger jet. The order and price was accepted by US customer, Delta Airlines. US firm Boeing complained that Bombardier was giv [...]

Chinese Mobile Payment Market: Will QR Payments Overtake Cash and Cards

  •  Published by Pete Nisbet on   October 11, 2017  

Mobile payment has transformed the way the Chinese pay for goods and services. QR payments are available just about everywhere in China today, so is this the future of payments that will you make in your daily life? If so, then those in it from the start may find it a lucrative market. [...]

Chinese Aluminum Foil Imports: Is China a Non-Market Economy or Not?

  •  Published by Pete Nisbet on   October 9, 2017  

The results of a preliminary anti-dumping probe carried out by US authorities on Chinese Aluminum Foil Imports are due soon. Chinese aluminum foil manufacturers have been accused of dumping foil in the US by American foil producers. The U.S. Commerce Department has been analyzing the status of China [...]

Bombardier C-Series Aircraft: Will it Affect US-UK Trade Agreements?

  •  Published by Pete Nisbet on   October 8, 2017  

The import tariff applied by the US to the Bombardier C-Series aircraft order has raised the hackles of the EU and the UK governments. Further to our report on the Bombardier import tariff of 220% being increased to 300%, there has been more reaction from Bombardier in particular. It may also have r [...]

Bombardier Import Tariff – Bombardier Faces a Further 80% Import Tariff

  •  Published by Pete Nisbet on   October 7, 2017  

The Bombardier import tariff applied by the US has been increased by another 80%. We previously reported on a 220% import tariff being placed on the Bombardier C-Series aircraft by the USA. Bombardier is a Canadian company based in Montreal. Many of its components are manufactured in North [...]