Author Archives
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We Work 95-Hour Weeks And Face ‘Inhumane’ Treatment Says First Year Analysts At Goldman Sachs
A workplace survey of a dozen first-year analysts at Goldman Sachs have revealed that they work for more than 95 hours a week on an average and get to sleep for just five hours a day while also coping up… Read More ›
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US Federal Reserve Predicts Faster US Economic Recovery Than Previously Forecast By It
With the increase in the speed of vaccinations against Covid-19 and the release of a massive relief package by the government that is flowing into the economy, a much stronger growth this year for the United States economy is expected… Read More ›
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Covid-19 Travel Pass App From IATA To Be Tested On Korean Air Passengers
A trial run by the International Air Transport Association of using a travel pass – which is an app that will contain ample proof that a traveller has had a negative novel coronavirus test result as well as their vaccination… Read More ›
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Volkswagen Brand Targets To Double EB Deliveries This Year
After having set a global strategy to accelerate its shift to make fully electric vehicles only in the new future, the second largest car maker of the world and German auto giant Volkswagen also expects to be able to double… Read More ›
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Japan Could Impose Temporary Higher Tariff To Curb Import Of US Beef
The volume of imports of beef from the United States into Japan for the fiscal year 2020 has exceeded the benchmark limit of 242,000 metric tons which has prompted the Japanese government to impose an emergency import tariff hike on… Read More ›
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Stripe Plans To Expand Aggressively In Europe Following $95bn Valuation
A major expansion spree is being planned by Stripe, the most valuable startup of the United States. The company has recently raised $600m from investors and plans to add 1,000 jobs in Ireland alone over the next five years. The… Read More ›
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Volkswagen Is Planning Huge Expansion In Its Battery Making Capacity
With the aim of becoming the global leader in the electric vehicle segment, the German auto giant and the second largest car maker of the world Volkswagen has unveiled a massive expansion of battery production. By 2030, plans of building… Read More ›
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Huawei Looks At New Business To Boost Revenues Following US Sanctions
The Chinese telecommunications giant Huawei Technologies Co is looking to venture into less glamorous business alternatives which can eventually help the company to offset the fall in the revenues from its biggest revenue contributor – its smartphone business, after the… Read More ›
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US Still Top Arms Exporter As It Increased Market Share In 2016-2020
The sale of weapons for the period between 2016 and 2020 has been more or less stable compared to the previous five years globally, showed data from a Sweden-based research institute. A decline in arms sales from Russian and Chinese… Read More ›
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UK Exports To European Union Drops By 41% In January Due To Brexit
With British companies struggling with the new terms of trade following Brexit, the exports of the country collapsed in January. In the in its first month that it was completely outside the bloc, the United Kingdom reported a drop of… Read More ›