Pro democracy protesters of Hong Kong will no longer be able to down load a real-time mapping app used by them for tracking police movements on iPhones. Apple said in a statement that there were complaints received by it from… Read More ›
Day: October 11, 2019
SoftBank’s Masayoshi Son Considers Change In Investment Strategy For Vision Fund 2
According to reports, the investment strategy for investment for the Vision Fund of SoftBank is being contemplated to be changed by the Japanese investment company’s CEO Masayoshi Son and wants to focus more on companies that have established and very… Read More ›
China hoping for partial trade deal, respite from U.S. tariffs
It is important to note that concessions made by China are largely insignificant and non-systemic. U.S. demands that it stops the forcible transfer of U.S. technology to Chinese firms, stop industrial espionage, stop non-compliance of U.S. intellectual property rights, have… Read More ›
JPMorgan sees 50% possibility of a Brexit deal being struck by Britain and the EU
While earlier it had placed this likelihood at just 5%, following Boris Johnson’s upbeat meeting with his Irish counterpart Leo Varadkar, the bank has placed the likelihood of a deal at 50%. On Friday JPMorgan stated, it now expects Britain… Read More ›
Indonesia to file WTO complaint against EU in November over palm oil
Earlier this year the EU had issued a policy directive, known as RED II, citing excessive deforestation because of cultivation of palm oil. On Friday, Wisnu Wardhana, foreign trade director general at Indonesia’s Trade Ministry stated, the government is aiming… Read More ›
Investors dump stocks midst “bearish paralysis” on Wall Street
Investor appetite for equities saw a low following growing global uncertainties. They have channeled $11.1 billion in the bond market as of Wednesday. On Friday, Bank of America Merrill Lynch disclosed, $11.1 billion flowed into the bond market in the… Read More ›
Pathway to Brexit deal sighted by negotiators
Both sides are cautious to not disturb the delicate balance that has been arrived at and have not disclosed the compromises, if any, that have been made. On Friday, just hours after British Prime Minister Boris Johnson and his Irish… Read More ›
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