On Monday, in August with more countries relaxing coronavirus lockdowns, exports from China have risen for the third consecutive month by 9.5% from a year earlier, according to customs data, marking the strongest gain since March 2019. China’s imports have… Read More ›
Month: September 2020
No change in personal tax slabs in UK, other than for the wealthy
According to a report from the Sunday Times, British Prime Minister Boris Johnson and Finance Minister Rishi Sunak are likely to trim personal taxes rates before the next election. Sunak has the challenging task of telling voters and lawmakers on… Read More ›
Cvoid-19 And Other Factors Created A Rollercoaster Year For Global Coffee Market
The extent to which the global coffee industry has been severely hit by the novel coronavirus pandemic which is reflected by the figures from those countries that are the biggest markets for coffee. According to Euromonitor International, after a long… Read More ›
‘The World Could Look Like 1900 Again’, Warns Former World Bank Head Robert Zoellick
If various countries do not work together to get out of the current crisis created by the novel coronavirus pandemic and other factors, the world could look like it did in 1900, warned the former head of the World Bank…. Read More ›
Lebanon’s Army Engineers find 4.35T of ammonium nitrate near the entrance to Beirut port
In a significant development, Lebanon’s army said it has found 4.35 tonnes of ammonium nitrate near the entrance to Beirut port. The development comes in the wake of a catastrophic explosion on August 4, which flattened the neighborhood, gutting buildings,… Read More ›
Indian air carriers to resume ground handling operations in the U.S.: Transportation Department
In a statement, the U.S. Transportation Department said, it plans to restore the ability of Indian air carriers to conduct ground handling operations at U.S. airports. The quid-pro-quo moves comes in the wake of India allowing U.S. air carriers to… Read More ›
Daniel Kamensky, Marble Ridge Capital LP’s founder, charged with fraud over Neiman Marcus’ bankruptcy
In a statement, the U.S. Department of Justice said, it has charged Daniel Kamensky, New York-based hedge fund Marble Ridge Capital LP’s founder, with pressuring a rival not to bid for assets related to Neiman Marcus’ bankruptcy so that he… Read More ›
Former Goldman Sachs’ managing director Adam Korn joins Sixth Street as CIO
Adam Korn, a former managing director at Goldman Sachs who played a key role in the bank’s embrace of technology, has joined Sixth Street Partners, an investment firm, as its new chief information officer. Earlier this year, Korn left his… Read More ›
Sale Of Organic Food And Drink In UK Surges During Lockdown
During the novel coronavirus pandemic induced lockdowns in the United Kingdom, the demand and sale of organic food and drink rose sharply. Over the past year, the demand and sale of such products have grown at a rate that as… Read More ›
WHO Study Finds Death Of Hospitalized Covid-19 Patients Reduced By Inexpensive Steroids
Results of seven different clinical trials conducted by the World Health Organization and published on Wednesday in the Journal of the American Medical Association show that the risk of death from Covid-19 I reduced by one third by treating novel… Read More ›