Obaku and the smart new watch

The Danish watchmaker Obaku is launching a new watch with interesting time and date on it. According to the company designer Christian Mikkelsen finding the movement for this watch was not easy.

-Finding the movement for this watch was not easy. The original movement also shows the moonphase, but I wanted to stick to our clean Scandinavian design principles. The watch looked too busy with the moonphase element showing, but I loved the way date was shown on this movement. Finally we covered up the moonphase part with the dial and created our own unique look to this movement, he says.

The company is launching this special watch during this autumn time in two versions, Dato Steel and Dato Ocean, both in stainless steel, an all-steel version with a white dial and a stunning blue and rose-gold version.

The loved Kvadrat series is also getting new colors. The blue and silver fusion is called Arctic and it has sapphire crystal on it.

Lifestyle

US to end steel and aluminum tariffs with Canada and Mexico – WSJ

US Government is ending the steel and aluminum tariffs with Canada and Mexico. According to Wall Street Journal, the US Government have reached a deal with these countries on Friday.

Canada and Mexico government representatives have confirmed that the deal has been made although more information is coming in the next few days.

The US Government is working to get the US-Mexico-Canada Agreement (USMCA) passed. According to Canada, the both countries have agreed to terminate all pending litigation between them at the World Trade Organisation regarding the metals.

This USMCA was signed in November by the three countries, but it needs the ratification still.

 

Business Finance

Thyssenkrupp to make IPO of its elevator business

The German Thyssenkrupp (TKA) said on Friday that it will make an IPO of its elevator business. And also announced that the earlier plan to split the company to two parts to steel and elevators, will be dropped.

The company stock rose by 20,56 % to 13,65 euros in Frankfurt.

The company also mentioned that the joint venture with the India’s Tata Steel might end due to the blocking by the EU Commission.

Business Finance