According to the findings of a study by the Bertelsmann foundation published recently, a slowdown the growth of wages in Germany is being caused by the large companies that dominate the market. The increasing concentration of the large companies in… Read More ›
Day: November 14, 2018
Apple Threatened By Ascendant Chinese Phones In Unit Sale Volume
US based IT giant, the darling of Wall Street and the first company in the history of business to reach the $1 trillion market value – Apple Inc., stunned Wall Street and investors alike after it issued a raft of… Read More ›
Middle East And Nearby Economies Clouded By Numerous Inter-Wound Risks: IMF
There are many uncertainties in the Middle East, according to the latest outlook from International Monetary Fund (IMF), even though it is of the opinion that in 2019, there would be benefits from the higher crude oil prices for the… Read More ›
UBS Chief Ermotti Says European Banking System Will Inevitably Face Consolidation
There is need for consolidation in the European banking system and this would become more and more inevitable with the passage of time, believes the chief of the largest bank of the continent. A section of investors policy-makers and other… Read More ›
Germany could ban Chinese firms from its 5G auctions
While in the past German policies have been guided by business interests rather than strategic factors, surely Germany, Europe’s biggest and strongest economy, has gained from history’s strategic insight and will take the right decision. Senior German officials are telling… Read More ›
Germany sets asides $3 billion euros for R&D related to AI
Privacy-conscious Germany wants to bridge the benefits of advanced technologies with existing social model. In a significant development that is a pointer to the strategic thinking of the German government, Europe’s biggest economy stated, it has set aside nearly $3… Read More ›
The EU and Britain clinch draft Brexit agreement
Theresa May’s government will now have to go through the guantlet of the British parliament, bridge opposing views of the country’s lawmakers and sell the Brexit deal to a deeply divided country. In a momentous development, Britain has clinched a… Read More ›