Author Archives
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UK Consumers Emerging From Lockdown Spend On Food Causing Dip In UK Retail Sales
According to official data form the United Kingdom, there was an unexpected drop in retail sales in the country in May as people came out of their homes after the lifting of lockdown restrictions and were seen spending money in… Read More ›
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Ireland Seeks A ‘Compromise’ On The 15% Global Tax Plan Of The G-7
While recognizing “the role of legitimate tax competition”, Ireland, which is the European headquarter of tech giants like Apple and Google, is trying to come to a compromise over global taxation, said the country’s finance minister in an interview to… Read More ›
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UK Inflation, At 2.1%, Rises Beyond Bank Of England Target Of 2.0%
With the United Kingdom reopens its economy after the multiple Covid-19 induced lockdowns, inflation in the British economy is set to continue to rise after an unexpected rise in May when it hit 2.1 per cent and was above the… Read More ›
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Euro Zone Inflation Surges Due To Surge In Energy And Services Price Boost
Consumer inflation in the euro zone increased in May as had been expected by economists because of a sharp surge in energy prices as well as more expensive services, according to data released on Thursday which pushed the pace of… Read More ›
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El Salvador’s Request For Assistance To Bitcoin Adoption Rejected By World Bank
No assistance for El Salvador’s bitcoin implementation could be provided by it because of environmental and transparency drawbacks, the World Bank said on Wednesday. “We are committed to helping El Salvador in numerous ways including for currency transparency and regulatory… Read More ›
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Japan Growth Exports In May Sharpest In 41 Years
Japan, the third largest economy of the world managed to offset sluggish domestic demand by a rise in its exports in May which grew at the fastest pace in the month since 1980, along with a key gauge of capital… Read More ›
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US And EU Set To End Their 17-Year Old Boeing-Airbus Trade Row
A truce has been arrived at between the United States and the European Union in relation to their 17 year old trade dispute involving government subsidies offered to Boeing and Airbus. The two major trading partners have agreed to remove… Read More ›
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Hackers Breach McDonald’s Data In South Korea, Taiwan And US
Some customer and employee information of McDonald’s Corp’s business in South Korea and Taiwan was exposed to hackers in a data breach, the company said on Friday. This made the largest burger chain of the world the latest global firm… Read More ›
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Toyota Says Wants To Achieve Carbon Neutrality In Its Global Factories By 2035
The Japanese auto major Toyota Motor Corp will set the aim to achieve carbon neutrality in all its factories throughout the world by 2035, said a senior executive on Friday as the company apparently is advancing the goal by 15… Read More ›
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Volkswagen, Ford Will Close Down Their Auto Finance Business In India: Reports
Volkswagen AG and Ford Motor Co plan to close down their auto financing business units in India and the companies will stop providing new credit to car buyers and dealers in the market, said reports quoting information from sources with… Read More ›
