Caterpillar Inc beat market expectations on earnings for the results in the second quarter driven by a good demand in the global equipment market. The company also upgraded its profit outlook for the complete the year. An adjusted profit of… Read More ›
According to a warning from a top Google executive, the technology behind facial recognition does not yet have “the diversity it needs” and has “inherent biases”. This remark from the director of cloud computing at Google was made following a… Read More ›
An 18 per cent increase in prices resulted in record revenues for US frim Reliance Steel & Aluminum (RS). At the same time, the second best quarter in its history was recorded by another US firm Nucor (NUE). “All in… Read More ›
The forex market promises to be turbulent in the near term. On Monday, with investors shying away from taking any big position ahead of the central bank monetary policy meetings this week, currencies in the forex market stuck to familiar… Read More ›
The nationally representative sample throws light on what British voters want out of the Brexit deal. On Monday, as per the results of a Sky TV poll, 50% of British voters support a referendum for choosing between leaving the European… Read More ›
Although this is largely a symbolic move, it marks a significant increase in the market share of its clearing division. On Monday, Deutsche Bank’s spokesman confirmed that it has moved a “large part” of its euro clearing activity from London… Read More ›
Scientists have claimed that the current Europe-wide heatwave has been made twice more likely to reoccur because of climate change because of human activities. The conclusion was arrived at following comparison of the present high temperatures with the historical data… Read More ›
German Agriculture Minister Julia Kloeckner said on Saturday that there has been some improvement in the trade relationship between the United States and Europe. But Kloeckner also added that the quantity of soybeans that Washington expects would be bought by… Read More ›
In order to cover up with the additional costs of tariffs on US car imports into the world’s biggest automobile market, the prices of two US-made crossover sport-utility vehicles in China has been announced to be raised by German carmaker… Read More ›
The business community of South Africa have come out strongly in support of the BRICS resolution taken that opposes policies of trade protectionism and which proposes the adoption of rules based on multilateralism. This was the outcome of a high-level… Read More ›
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