According to the Washington Post, the Trump administration promises to pump USD 1 trillion into improving the country’s crumbling infrastructure, but a benchmark report says it will take almost USD 4.6 trillion over the next eight years to bring all those systems up to an […]
Exxon Mobil Corporation (XOM)’s stock may soon reflect rising expectations in the oil markets. Indeed, there’s good reason to believe that there is a good potential of upside in the medium term, with an interesting dividend yield of 3.50%. XOM’s stock is currently hovering over...
Exxon Mobil Corporation (XOM) is expanding its manufacturing capacity along the US Gulf Coast through planned investments of USD 20 billion over a 10-year period to take advantage of the American energy revolution, Darren Woods, Chairman and CEO, announced. New projects could create more than […]
After two decades of non-profitable business in Europe, General Motors (GM) will sell Opel and Vauxhall brands to French competitor Peugeot SA (UG), a deal worth EUR 1.3 billion. GM’s financial operations will be jointly acquired by Peugeot and BNP Paribas SA for about EUR […]
According to IHS Markit, Worldwide manufacturing business conditions showed the largest improvement for more than five-and-a-half years in February 2017, with global trade expanding at the fastest rate for just under six years and optimism about the future continuing to improve. Indeed, the JPMorgan Global […]
President Donald Trump will propose a major increase in defense spending to the detriment of other federal agencies. USD 54 billion would thus be transferred from existing budgets to the Department of Defense (DOD). Such a large boost, as large as France’s yearly military spending, […]
Simply because on Earth, his companies Tesla Motors and SpaceX would not be so financially strong, at least not as much as they make many of us dream. Inventive and brilliant, Elon Musk undoubtedly has the qualities that characterize those able to change History. However,...
At the recommendation of Chairman of the Board and Chief Executive Officer Carlos Ghosn, the Nissan Board of Directors has decided that as of April 1, 2017, Hiroto Saikawa will assume the position of Chief Executive Officer. Ghosn will continue to serve as Chairman of […]
According to the latest figures, Russian President Vladimir Putin said on the occasion of a meeting on economic issues at the Kremlin that the country’s GDP declined by 0.2 percent in 2016 “which is better than we initially expected,” he said while industrial output increased […]
India’s rocket PSLV-37 simultaneously launched 104 satellites from seven different countries, beating Russia’s previous record with 37 satellites launched at a same time in 2014. This technological feat, implemented by the Indian Space Agency (ISRO) confirmed both the increased space capacities of the great emerged […]