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Tuesday, 22 September 2020
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The News and Media Division of The Insight Partners

Trump administration sees no loophole in new Huawei curb

The rule, released in May, expands U.S. authority to require licenses for shipments of some foreign-made chips to the telecoms equipment giant. It was drafted after China hardliners in the administration became frustrated that Huawei’s blacklisting last year by the Un.. Read the news

Wednesday, 24 Jun 2020

COVID-19 To make India The Next manufacturing Hub?

One thing that clearly can be predicted is China’s past two decades image of being a hardware base for the world will never be the same post pandemic as before. First half of the year 2020 is evident that the economic contagion that is spreading faster than COVID-19 h.. Read the news

Saturday, 13 Jun 2020

Hikma receives FDA approval for its generic Vascepa®

Hikma Pharmaceuticals PLC (Hikma), the multinational generic pharmaceutical company, has announced that its wholly owned U.S. subsidiary Hikma Pharmaceuticals USA Inc. has received approval from the US Food and Drug Administration (FDA) for its Icosapent Ethyl Capsul.. Read the news

Friday, 22 May 2020

J&J to stop selling talc baby powder in U.S. and Canada

J&J faces more than 19,000 lawsuits from consumers and their survivors claiming its talc products caused cancer due to contamination with asbestos, a known carcinogen. Many are pending before a U.S. district judge in New Jersey.“I wish my mother could be here to see t.. Read the news

Wednesday, 20 May 2020

Trump signaled of cutting ties with China

In an interview with Fox Business Network broadcast on Thursday, Trump said he was very disappointed with China’s failure to contain the disease and that the pandemic had cast a pall over his January trade deal with Beijing, which he has previously hailed as a major a.. Read the news

Friday, 15 May 2020

U.S. producer prices fell by most since 2009

The Labor Department said on Wednesday its producer price index for final demand tumbled 1.3% last month, the biggest decline since the series was revamped in December 2009, after slipping 0.2% in March. In the 12 months through April, the PPI decreased 1.2%. That was t.. Read the news

Wednesday, 13 May 2020

SkySwitch Adds Atlanta Geo-Node

SkySwitch, the channel-exclusive white label Unified Communications as a Service (UCaaS) provider, has added its fifth geo-node in the United States with the addition of a new Atlanta data center. The geo-node is co-located within Digital Realty Data Center at 250 W.. Read the news

Tuesday, 12 May 2020

U.S-China at the Brink of Trade-War II?

Donald Trump had imposed tariffs over nearly USD 360 billion worth Chinese goods for which the Trump administration, as well as Beijing, had entered phase one of the trade agreement in January 2020 anticipated for easing the tension. However, the progress was derailed a.. Read the news

Monday, 11 May 2020

Domino's Pizza forecasts rise in comparable sales

The world’s largest pizza chain, however, withdrew its two- to three-year outlook, citing uncertainty surrounding the global economy due to the health crisis.The new coronavirus has infected more than 2.62 million people globally, including nearly 840,000 in the Unite.. Read the news

Thursday, 23 Apr 2020

After ventilators, Xerox now plans to make hand sanitizers

Xerox Holdings Corp said on Tuesday it will make hand sanitizer in its factories in the United States and Canada to fight the spread of coronavirus, and start deliveries to healthcare organizations later this month.The U.S. printer maker, which walked away from its $35 .. Read the news

Tuesday, 21 Apr 2020

General Electric enters into $15 billion loan agreement

General Electric Co (GE.N) entered into a revolving credit agreement for $15 billion, according to a regulatory filing on Monday.The current agreement is set to mature on April 17, 2023 and refinances the company’s prior $20 billion revolving credit facility that was .. Read the news

Tuesday, 21 Apr 2020

TSG Announces Acquisition of PerfectMind

TSG, an Advent portfolio company and global provider of business management software, integrated payments, and value-added services to the Health and Fitness, Childcare and Education, and Boutique markets, today announced that it has acquired PerfectMind Inc., a leading.. Read the news

Thursday, 16 Apr 2020

Coronavirus Outbreak will Upturn China’s Supply Chain

One thing that clearly can be predicted is China’s supply chain, which will never be the same as before the pandemic. Recent months have completely disrupted the supply chains affecting a large number of businesses across the world. Unlike always this time the disrupt.. Read the news

Monday, 13 Apr 2020

Asian Stocks turn mixed, oil rebounds in choppy trade

Asian stocks were mixed on Wednesday after two sessions of sharp gains as investors tempered their optimism about the coronavirus while death tolls were still mounting across the globe.While the number of COVID-19 hospitalisations seemed to be levelling off in New York .. Read the news

Wednesday, 08 Apr 2020

Americans Filing unemployment claims shot to record high

The number of Americans filing claims for unemployment benefits likely shot to a record high for a second week in a row as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.Thur.. Read the news

Thursday, 02 Apr 2020

Johnson & Johnson Announces a Lead Vaccine Candidate for COVID-19; Landmark New Partnership with U.S. Department of Health & Human Services; and Commitment to Supply One Billion Vaccines Worldwide for Emergency Pandemic Use

Johnson & Johnson (NYSE: JNJ) (the Company) today announced the selection of a lead COVID-19 vaccine candidate from constructs it has been working on since January 2020; the significant expansion of the existing partnership between the Janssen Pharmaceutical Companies.. Read the news

Monday, 30 Mar 2020

UTC, Raytheon Merger approved by U.S. Justice Department

The U.S. Justice Department has approved United Technologies Corporation’s planned merger with Raytheon Co, subject to conditions, the agency said on Thursday.UTC agreed in June to combine its aerospace business with U.S. contractor Raytheon and create a new company w.. Read the news

Friday, 27 Mar 2020

Trump wants America to get back to Business by Easter?

President Donald Trump wants America to get back to business by Easter, suggesting some efforts to slow the spread of coronavirus outbreak will no longer be needed by then, but Corporate America is taking its lead from health professionals.The president, who is concerne.. Read the news

Thursday, 26 Mar 2020

CDC says, Hantavirus isn't a global public health threat

A man who died in China Monday reportedly tested positive for hantavirus, but that doesn't necessarily mean you should worry another pandemic is coming.Hantaviruses are a family of virus that spread through rodents, according to the U.S. Centers for Disease Cont.. Read the news

Wednesday, 25 Mar 2020

After Fed's Zero Rate Cut , the dollar may not subside

When the U.S. Federal Reserve cut interest rates to near zero on Sunday, the dollar fell, since the move blew away the yield on owning dollars and with it much of their attraction.Yet few are willing to bet on a prolonged decline. Pandemic fears are roiling markets, dri.. Read the news

Monday, 16 Mar 2020

U.S. bank lobby economist predicts for global rate soon

Investors battered by the breathtaking drop in global stock markets on coronavirus fears are ever more convinced the world’s big central banks, including the Federal Reserve, will soon step in to try to quell the storm.Against that, the top economist for the U.S. bank.. Read the news

Monday, 02 Mar 2020

Meritor Announces Drivetrain on Demand

Meritor, Inc. (NYSE: MTOR) today announced the launch of Drivetrain on Demand that offers simplified ordering processes for U.S. and Canadian customers requiring fast replacement of driveshaft and differential assemblies."By streamlining the ordering process and ship.. Read the news

Monday, 24 Feb 2020

Nano Dimension Moves its Main Commercial Activity to USA

Nano Dimension Ltd, a Additively Manufactured Electronics (AME) provider, announced today the establishment of its headquarters for the Americas in South Florida.With a growing customer base on the eastern seaboard, Nano Dimension will now be able to better serve its c.. Read the news

Thursday, 20 Feb 2020

China will grant tariff exemptions on 696 U.S. goods

China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so far, as Beijing seeks to fulfill commitments made in its interim trade deal with the United States.Tuesday’s announcement comes after .. Read the news

Tuesday, 18 Feb 2020

Britain beyond Brexit, Boris Johnson reshapes government

Prime Minister Boris Johnson will reshape his government on Thursday, appointing a team he hopes will deliver his vision for Britain beyond Brexit and heal the divisions both in his Conservative Party and the country.The reshuffle is not expected to be as explosive as s.. Read the news

Thursday, 13 Feb 2020

Boeing Starts 2020 Recording zero orders for its planes

Boeing posted a slow start to 2020, recording zero orders for new airplanes in the month of January.The lack of orders last month stands in contrast to its competitor Airbus, which logged orders for 274 commercial airplanes in January.January is the latest month without.. Read the news

Wednesday, 12 Feb 2020

Virus fears: China Diplomacy Loom over Singapore Airshow

Singapore kicked off Asia’s largest aerospace event under heightened scrutiny on Tuesday as thousands of visitors shunned the Singapore Airshow over coronavirus fears, while all eyes were on a sensitive fly-off between U.S. and Chinese fighters.Organizers hailed a “.. Read the news

Tuesday, 11 Feb 2020

Russia Will Start Delivering S-400 Missile in India by 2021

Russia will begin delivering S-400 surface-to-air missile systems to India by the end of 2021, agency RIA Novosti on Wednesday quoted a Russian official as saying.India signed a $5 billion deal for S-400 missiles in 2018, drawing warnings from the United States that suc.. Read the news

Wednesday, 05 Feb 2020

Donald Trump’s impeachment trial enters a pivotal week

U.S. President Donald Trump’s impeachment trial enters a pivotal week on Monday as his lawyers resume their defense following a fresh report that could intensify pressure on Senate Republicans to call former national security adviser John Bolton to testify.The New Yor.. Read the news

Monday, 27 Jan 2020

Day 3 Of Impeachment Trial

Democrats on Thursday homed in on their charge that President Donald Trump abused his power, turning to past statements from some of the president's top allies to help make their case on the third day of his Senate impeachment trial.House prosecutors used old commen.. Read the news

Friday, 24 Jan 2020

Brexit is Expected to Thrive the Job market of Germany

About two dozen British firms told German authorities in 2019 they plan to open offices in Germany and will create 680 new jobs, more than in the previous two years combined, the government’s business marketing arm said on Thursday.Germany Trade and Invest (GTAI) link.. Read the news

Thursday, 23 Jan 2020

Impeachment Trial of Trump begins in earnest in the Senate

Donald Trump’s impeachment trial begins in earnest in the Senate on Tuesday in a rare use of the constitutional mechanism for ousting a president that has only deepened the polarization of U.S. voters ahead of presidential elections in November.Democrats have called o.. Read the news

Tuesday, 21 Jan 2020

Donald Trump Rejected the Charges of Impeachment

U.S. President Donald Trump on Monday rejected the Democratic-led House of Representatives’ impeachment charges and called for their immediate dismissal by the Republican-led Senate in a memo offering a legal and political case against his removal.The 116-page Trial M.. Read the news

Tuesday, 21 Jan 2020

Oil Prices Rose to Their Highest in More Than Week

Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.Brent crude LCOc1 futures were up by .. Read the news

Monday, 20 Jan 2020

US Auto Market to Thrive with Millenials

Licensed drivers in the United States has reached a record of nearly 227.5 million in 2018 as well as the section of the people driving has mounted every single year since 2014, as per the research.That is a good news for the automakers that have been fretting over yo.. Read the news

Wednesday, 15 Jan 2020

Boeing Announces Leadership Changes

Boeing [NYSE: BA] announced today that its Board of Directors has named current Chairman, David L. Calhoun, as Chief Executive Officer and President, effective January 13, 2020. Mr. Calhoun will remain a member of the Board. In addition, Board member Lawrence W. Kell.. Read the news

Monday, 13 Jan 2020

No Survivors in Boeing 737-800 Iran Crash

A Ukrainian airliner fell to earth in a fireball shortly after take-off from Tehran on Wednesday, killing all 176 people on board in a crash that sparked an international scramble to establish the cause.The Ukraine International Airlines Boeing 737-800, en route to Kiev.. Read the news

Thursday, 09 Jan 2020

Investors gained Confidence as Fears of Immediate War Fade

Global equities fell on Wednesday and Wall Street was set for a weaker open after Iran’s attack on U.S.-led forces in Iraq, but earlier sharp market moves faded as fears abated that the raid would lead to an immediate military escalation.Investors are waiting now for .. Read the news

Wednesday, 08 Jan 2020

Eyeing at Possible Outcomes of Brexit

Consequences for the United KingdomSome of the consequences in terms of growth and trade are been detailed below. GrowthMajor disadvantage of Brexit is its damage to economic growth of the United Kingdom. Most of which is because of the improbability around its final re.. Read the news

Friday, 03 Jan 2020

Ulteig Acquires Pacific Power Engineers, Inc.

Ulteig, a provider of comprehensive engineering/design, program management and technical and field services, has acquired Pacific Power Engineers (PPE), a Sacramento, CA, power systems engineering firm that offers expertise in electrical engineering and project managem.. Read the news

Thursday, 02 Jan 2020

Asian shares jump on China policy easing, trade deal hopes

 Asian shares kicked off 2020 on a strong note on Thursday, spurred by Chinese markets after Beijing eased monetary policy to support the slowing economy.Investors also cheered news that the United States and China will sign a trade pact soon after months of volatile n.. Read the news

Thursday, 02 Jan 2020

European markets cheer China policy easing, trade progress

European shares started the new decade on a strong note on Thursday as China further eased monetary policy to prop up the economy, with concrete indications of an imminent U.S.-China trade deal also lifting the mood.The pan-European STOXX 600 index was up 0.5% at 0807 G.. Read the news

Thursday, 02 Jan 2020

Tiffany sees rise in holiday sales on higher China spending

Tiffany & Co (TIF.N), which is being bought by Louis Vuitton owner LVMH (LVMH.PA), on Thursday estimated sales growth of 1% to 3% during the holidays, with the biggest contribution coming from China and a recovery in the Americas.Last year, holiday sales in Asia-Pacific.. Read the news

Thursday, 26 Dec 2019

U.S. core capital goods orders barely rise; shipments drop

New orders for key U.S.-made capital goods barely rose in November and shipments fell, suggesting business investment will probably remain a drag on economic growth in the fourth quarter.The Commerce Department said on Monday orders for non-defense capital goods excludi.. Read the news

Monday, 23 Dec 2019

Canada Joins the Energy Resource Governance Initiative

Canada and the United States share a mutual interest in improving supply chains for critical minerals. Collaboration in this area is imperative as demand for these minerals increases.Today, Canada and the U.S. signed a Memorandum of Understanding confirming Canada.. Read the news

Thursday, 19 Dec 2019

German Court Bans Uber's Ride-Hailing Services in Germany

A German court on Thursday banned Uber ride-hailing services in Germany, arguing the U.S. company lacks a necessary licence to offer passenger transport services using rental cars.The verdict is another setback for the firm after it lost its licence to carry paying pass.. Read the news

Thursday, 19 Dec 2019

U.S. appeals court sidesteps major Obamacare ruling

A U.S. appeals court ruled on Wednesday that a component of the Obamacare law is unconstitutional, but dodged a major ruling by stopping short of declaring that the rest of the landmark 2010 healthcare statute must also be struck down.The New Orleans-based 5th U.S. Circ.. Read the news

Thursday, 19 Dec 2019

December is always a month of suspense on Wall Street

December is always a month of suspense on Wall Street, as dealmakers, traders and money managers at big U.S. banks wait to find out how much they will receive in bonuses.But this year is more fraught than usual, industry sources said, because executives are waiting unti.. Read the news

Tuesday, 10 Dec 2019

Oil Rises as OPEC Weighs Deeper Output Cuts

Oil prices edged higher on Thursday ahead of an OPEC meeting where members are expected to agree on deeper output cuts in an effort to prop up prices and prevent a glut next year.Sources told Reuters that OPEC was seeking to increase production cuts by the group and its.. Read the news

Thursday, 05 Dec 2019

Trump-Macron Frictions Shadow a NATO Celebration

Leaders of NATO’s 29 member states are meeting at a golf resort northwest of London to celebrate the alliance’s 70th anniversary and reaffirm their commitment to collective defense. But barely disguised disputes lurk in the background.Jens Stoltenberg, NATO’s secr.. Read the news

Wednesday, 04 Dec 2019

Deere workers grapple with fallout from Trump's trade war

Devin Spencer has been on edge ever since Deere & Co. (DE.N) laid off dozens of his colleagues at its Harvester Works plant in western Illinois due to dwindling demand for farm combines.He considers himself lucky to have escaped the indefinite layoffs, but has been rele.. Read the news

Friday, 15 Nov 2019

Eastman to Recycle Discarded Carpet into New Materials

Eastman has reached an agreement to give new life to one of the most problematic waste materials in U.S. landfills. Post-consumer carpet will now be recycled through Eastman’s carbon renewal technology and converted into new materials to serve new and useful purposes... Read the news

Thursday, 07 Nov 2019

Wall Street set to open higher as trade optimism builds

Wall Street was set to open higher for the fifth straight session on Tuesday, a day after all three major U.S. stock indexes closed at record highs on rising hopes of a trade truce between Washington and Beijing.China is pushing President Donald Trump to remove more tar.. Read the news

Tuesday, 05 Nov 2019

U.S. stock Index Futures Fell on Thursday

U.S. stock index futures fell on Thursday as uncertainty around a potential trade deal between the United States and China overshadowed strong earnings reports from Apple and Facebook.Chinese officials have doubts about whether it is possible to reach a comprehensive lo.. Read the news

Thursday, 31 Oct 2019

Global wine output falls this year after bumper 2018

Global wine production fell about 10% this year, with major producers France, Italy and Spain hit the most by unfavorable weather conditions, according to a leading international body.In its first estimate for this year’s wine production, the International Organisatio.. Read the news

Thursday, 31 Oct 2019

Malaysia has Filed Criminal Charges Against Goldman

The U.S. Justice Department on Wednesday struck a deal to recoup $1 billion in funds allegedly looted from a Malaysian state investment fund by fugitive financier Jho Low, in a record capture for a U.S. anti-corruption probe.U.S. authorities say about $4.5 billion were .. Read the news

Thursday, 31 Oct 2019

World Shares Slipped off 21-month Highs on Wednesday

World shares slipped off 21-month highs on Wednesday as the prospect of a U.S. rate cut was offset by reports a Sino-U.S. trade deal may be delayed, though a possible $50 billion merger between Fiat-Chrysler and PSA capped European losses.Sentiment has also been dented .. Read the news

Wednesday, 30 Oct 2019

Underpinning Risk Appetite in Markets

The euro was range-bound against the dollar Tuesday as investors awaited for the outcome of the Federal Reserve meeting on Wednesday, while risk-oriented currencies strengthened as hopes for an easing in Sino-U.S. trade tensions buoyed sentiment.Underpinning risk appeti.. Read the news

Tuesday, 29 Oct 2019

Norway Wealth Fund Rises to Record 10 Trillion Crowns

The value of Norway’s sovereign wealth fund, the world’s largest, grew to a record 10 trillion Norwegian crowns ($1.09 trillion) on Friday, boosted by rising global stocks and the strength of the euro and dollar.The fund reached the milestone as its government regul.. Read the news

Friday, 25 Oct 2019

Tesla Shares Soar 21% as Surprise Profit Answers Skeptics

Tesla Inc on Wednesday surprised investors with a quarterly profit that sent its shares soaring, as Chief Executive Elon Musk promised a 2020 rollout of a cheaper SUV and more self-driving technology to stay ahead of larger rivals rushing into the premium electric vehic.. Read the news

Thursday, 24 Oct 2019

Chinese Surveillance Companies to Be Banned in the U.S.

The Commerce Department of the United States is expected to take a decision of blacklisting around 28 Chinese public safety organizations as well as commercial entities, especially China’s utmost leading vendors in the security industry. Moreover, of 6 out of 8 commer.. Read the news

Friday, 18 Oct 2019

China's GDP Hits 30-Years Low at 6.0%

China’s third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S. trade war hit factory production, boosting the case for Beijing to roll out fresh support.Gross domestic product (GDP) rose just 6.0% y.. Read the news

Friday, 18 Oct 2019

Passengers Drive the Airline Ancillary Service

Significant revenue contribution by the ancillary services to increase its adoption in the economically developing regionsSince the global economic slowdown in the year 2008, the airline profitability was affected by myriad factors. The traditional premium air traffic h.. Read the news

Friday, 23 Aug 2019

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