The latest geopolitical risks in the Gulf and Middle East and increasing concerns about the safety and security of the economic infrastructure of Saudi Arabia has forced major ratings agency to bring down a notch the generally strong credit rating… Read More ›
It is expected that the United States will be awarded a record allowance by global arbiters later this week which will allow the US to impose import tariffs on goods from Europe worth billions of dollars in connection to the… Read More ›
Everything that is possible is being done by the European Union’s chief Brexit negotiator Michel Barnier and the European Commission President Jean-Claude Juncker but the responsibility of a no-deal Brexit would rest on the United Kingdom, said Juncker . The… Read More ›
Japanese investment conglomerate SoftBank has been investing heavily through the $100 billion Vision Fund in the global tech industry and Silicon Valley, in companies such as Uber, Slack and WeWork. However following the IPO debacle of WeWork and the removal… Read More ›
The new head of the International Monetary Fund (IMF), Bulgaria’s Kristalina Georgieva, has said that the global economy should be prepared to handle another fresh round of economic downturn. She has been chosen to head the Washington-based organization amid a… Read More ›
An initial agreement on trade and tariffs has been agreed upon by the United States and Japan that will either completely remove or bring down the rate of tariffs on some products identified in the deal that are exchanged in… Read More ›
According to fresh analysis of their climate disclosures, it is unlikely that the targets set out in the Paris climate agreement by 2050 would be met by more than 20 per cent of the largest companies of the world. This… Read More ›
China does not want to remove the United States as the leader of the world but expects that the US would “remove all unreasonable restrictions”, said Chinese State Councilor and Foreign Minister Wang Yi in New York on Tuesday. This… Read More ›
The top federal energy regulator of the United States has warned against the vulnerabilities of the energy infrastructure of America in wake of the attacks on the oil facilities and infrastructure in Saudi Arabia There could be mass blackout in… Read More ›
A large scale experiment on development and practical use of hydrogen powered trucks would be conducted by South Korea’s biggest automaker Hyundai Motor in 2020 according to a report published by the business website Calcalist on Tuesday. While hydrogen as… Read More ›
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