A new research claims that a severe credit crunch is staring at the face of the Turkish economy in addition to the country’s currency woes. A recent report from the Washington D.C.-based Institute of International Finance (IIF) claims that the… Read More ›
Month: August 2018
Survey Reveals Concerns Among German, U.S. Firms In Spite Of Trump-Junker Truce
According to a most recent survey conducted to gauge the mood and sentiment of businesses sin the US and Germany, there are serious doubt in the minds of almost three out of four firms that are currently operational in Germany… Read More ›
China to adopt stricter intellectual property rights: Premier Li
He will be replaced by Michael Heuer, Roche’s regional head of Europe, the Middle East, Africa, and Latin America, until a permanent replacement is found. On Tuesday, Roche disclosed, Roland Diggelmann the head of its diagnostics division will be leaving… Read More ›
WEKO stands by legality of service-after-sales agreements
Basing itself on the conclusions drawn an EU court, the Swiss competition authority has made it clear that such agreements are not indicative of an abuse of market dominance nor were they considered as unacceptable. On Tuesday, WEKO, the… Read More ›
U.S. trade sanctions on Turkey could destabilise the Middle East: Turkish Finance Minister Berat Albayrak
Although the Turkish lira has continued to weaken, it has stepped back from yesterday’s 6.1200 against the dollar as of 0435 GMT. On Tuesday, the Turkish lira weakened further as investors weighed up Turkey’s efforts to handle its rift with… Read More ›
China’s Central Bank moves to support the falling renminbi
The move by the People’s Bank of China (PBOC) is largely aimed at supporting the currency rather than reverse its trajectory. Market watchers expect the central bank to stick to this policy as long as the trade war with the… Read More ›
Tesla To Face Stiff Challenge In Chinese Market
While markets are still grappling with the ill times tweet of Tesla Inc CEO Elon Musk of taking the company private, they also now demand that the billionaire now needs to focus on some of the other challenges faced by… Read More ›
e-Bikes And Scooters For Smaller City Rides To Be Focused On By Uber
Ride hailing company Uber is set to add a significant number of electric bikes and scooters to its existing fleet of those transportation modes. In an interview to the Financial Times, the CEO of the company Dara Khosrowshahi said that… Read More ›
Shadow of Brexit hangs over UK-Japan economic relations
The relationship between Japan and the United Kingdom has historically been a good one barring World War II. However, that relationship has been stressed in recent years. The UK shifted its focus for trade from China to Japan soon after… Read More ›
Research Paper Claims US Inflation May Be Impacted By ‘Amazon Effect’
An academic paper presented to some of the world’s top central bankers claimed that inflation may be getting affected by more frequent changes in pricing for goods and a rising tendency of pricing consistency because of the growth of online… Read More ›