Global investors are apparently freaked out by the political crisis in Italy. There were demands by investors for higher returns against them taking on Italian government debt even as there was a downslide in the global markets on Tuesday. There… Read More ›
Day: May 30, 2018
AirAsia’s Expansion Plans In India Hit By Probe Against Its Boss
Allegations of possible bribery to change local airline policy in India are being investigated by security agencies in India against Tony Fernandes, the chief of AirAsia Group. According to media reports in India quoting an official from the Central Bureau… Read More ›
US Defense Secretary Says US Will Keep Challenging China In South China Sea
South China Sea, the region where China has managed to create significance military presence, would be continued to be challenged by the United States, said the country’s defence secretary Jim Mattis. U.S. wants to challenge the territorial claims that China… Read More ›
Business Confidence In Brazil Falls In May, Could Fall More In June Due To Truck Strike
A report that was released earlier in the week noted that the slow pace of economic recovery in Brazil had dragged down its business confidence index (BCI) for the month of May to its lowest point since November 2017. The… Read More ›
The lifecycle of a banknote
Best designers and engineers control the process of their manufacturing. They combine the symbolism of ancient cultures and space-like innovations. And at the same time, we encounter them every day. We exchange them, rumple them… These are banknotes, and it… Read More ›
UBS Report ranks the world’s top 77 metropolitan cities
Did you ever wonder which is the world’s most expensive city to do business in? Which offers the most value for money? Which city offers the most bang for money for couples going out on a Friday night? The UBS… Read More ›
Italian fiasco in Europe impacts shares of banks in the United States
Italy’s failure to form a government is taking a toll on the Eurozone’s economy. Investors nervous at the uncertainty have rushed to invest in U.S. treasury debt instruments, which in turn have sent the USD to its 10 month high… Read More ›
Washington to impose export control norms on China: White House
The United States will announce details of the export control mechanism later today and the final tariff list expected to be published by June 15. In a stern warning to China, the United States made it lucidly clear, it will… Read More ›