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Latest Articles in globescan

Globescan: Apple Grapple

World Bank to provide 1.6 billion euros to fund the private sector in Mozambique

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Sudden Strike

In the wake of North Korea’s failed medium-range missile test recently, President Donald Trump is willing to consider ordering “kinetic” military action, including a sudden strike, to counteract North Korea’s destabilising actions in the region, said a person familiar with the White House’s thinking

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Globescan: Slowing Down

Venice, California-based Snap has said it relies on Google Cloud to host the vast majority of its computing, storage and bandwidth

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Globescan: Flying High

Ford Motor Co will close its Kansas City, Missouri pickup truck and van plant for a week in early January to match production and demand, the automaker said recently

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Globescan: End Of An Era

The US economy grew faster than initially estimated in the third quarter, notching its best performance in two years, buoyed by strong consumer spending and a surge in soybean exports

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Globescan: Last Woman Standing

Mercedes-Benz solidified its sales lead over the BMW brand in the first half of the year, moving closer to a goal of unseating its rival for the first time since 2005

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Globescan: No Frexit

Rival ride services Uber and Lyft have settled high stakes litigation involving two of their top executives, court filings show, in advance of a trial that could have aired sensitive details about both companies

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Globescan: Awaiting Signals

Central banks around the globe are preparing financial backstops to mitigate market turmoil in case Britons vote next week to leave the European Union, hoping to buffer the real economy from any short-term impact

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Globescan: Brexit Blues

China has proposed an international scientific cooperation programme for Earth observation to provide digital backing to Beijing’s mega Silk Road Project

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Globescan: Slow And Steady

Johnson & Johnson was ordered by a US jury to pay $55 million to a woman, who said that using the company’s talc-powder products for feminine hygiene caused her to develop ovarian cancer

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Globescan: Sharp Brake

Economists say a confluence of temporary factors, including an ongoing problem with the model the government uses to smooth the data for seasonal fluctuations, has contributed to lowering growth in the first quarter

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Globescan: Car Base

Ford Motor will invest up to $224.3 million to build its smaller sport utility vehicle EcoSport at its Romanian unit Automobile Craiova, Ford Europe CEO Jim Farley said.

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Globescan: Time’s Ripe?

The shares in the rights offering will be sold at a 35 per cent discount to 10 March’s closing price, and the family of CEO Lakshmi Mittal will maintain their 37 per cent holding in the company. The firm said it would offer shares.

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Globescan: Fresh Uptick

The economic outlook was further bolstered by another report showing construction spending scaling a more than eight-year high in January

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Globescan: Happy Tidings

The Labour Department said its Consumer Price Index, excluding the volatile food and energy components, increased 0.3 per cent last month, the biggest gain since August 2011, following a 0.2 per cent rise in December.

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