Two events that are being touted to have almost equal economic impact are drawing absolutely opposite reactions from the market which has puzzled many economists and market experts. While the market in Europe and specifically in the UK have seen… Read More ›
The slump in the Chinese economy slowly is bottoming out. Although China’s central bank has slashed the country’s forecast of exports the second consecutive time in a year, it has said it still expects the economy to grow at 6.8%…. Read More ›
It already has sent out letter to potential bidders with the mid-June being the end date for the bids. According to sources who are familiar with the matter at hand, Yahoo Inc has hired Black Stone IP LLC, a boutique… Read More ›
Jeff Bezos has said that the world’s biggest retailer will set up a software development centre in the Indian city of Hyderabad. India has been its fastest growing market in the world. Jeff Bezos, Amazon, CEO has disclosed that it… Read More ›
The suit is against the company’s CEO Travis Kalanick. It alleges that the company prime business motive is to make a cut by fixing prices among competitors. A U.S court has ruled that car hailing company, Uber must submit documents… Read More ›
While describing the reforms designed to reduce Saudi Arabian economy’s dependence on oil and build a sustainable future, ministers of the kingdom said that the country plans to more than triple the government’s non-oil revenues and clamp down on public-sector… Read More ›
While unemployment in Denmark is almost the lowest in Europe despite a minimum wage not far below $20 an hour and some of the world’s steepest taxes, the country clearly represents a place where the usual rules tend not to… Read More ›
Reviving concern the June 23 referendum will throw global markets into turmoil and undermine confidence in the 28-nation trading bloc, polls showed more Britons favored quitting the European Union and the pound dropped to a three-week low. Three surveys on Monday… Read More ›
Barron’s newspaper has predicted a surge in Whole Food Market’s shares. The supermarket chain is aggressively foraying into new areas and closing the price gap, of its produce, with its rivals. Investors though should study the company’s fundamentals before investing… Read More ›
Singapore’s real estate market is contracting and the availability of office space is increasing. Real estate developers will be adding 4 million Sq. feet this year, followed by 1.4 million next year. In what BlackRock has stated to be the… Read More ›
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