Author Archives
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Talks For A Minority Stake In Universal Music Group Ongoing With Tencent
The global music industry is possibly the next stop for the Chinese tech company Tencent. It has been reported that the Chinese firm is in the process of negotiations with Universal Music Group (UMG) for a 10 per cent stake… Read More ›
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Trade War Now Includes Currencies, Forex Markets Expect More Volatility
There is likely to be volatility into long-dormant foreign exchanges and possible additional pressure on world markets because of the trade war between the United States and China being dragged into the currency market, warned analysts, as Washington identified Beijing… Read More ›
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Escalating Trade Row Sees Slump Of Japanese Car Sale In South Korea
A consumer backlash in South Korea promoted by an increasing trade spat with Japan saw sale of Japanese cars drop significantly last month in Tokyo’s neighboring country. According to data from the auto industry, there was a 32 per cent… Read More ›
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UK Tourism Industry Gaining Because Of Weak Pound
According to the latest figures from United Kingdom, there has been an almost a fifth increase in the number of tourists visiting the UK from China this summer. There was also a 6 per cent year on year increase in… Read More ›
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Recent Trump China Tariffs Turns US Retail Industry Fears Into Reality
The announcement of a 10 per cent import tariff on the remaining $300 billion worth of Chinese imports by the United States president Donald Trump has seen retail stocks lose value significantly. The plight of the retailers was spoken about… Read More ›
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Sale Plunge Forces Cuts Of Temporary Jobs At India’s Biggest Carmaker Maruti Suzuki
The Indian auto industry makes up almost half of the manufacturing output of India and it is facing a slowdown that has not been seen in the past almost one decade. Sale of vehicles has fallen sharply wand there are… Read More ›
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Trump’s Latest Tariffs Will Be Retaliated Adequately, Says China
The sudden decision by United States president Donald Trump to impose a 10 per cent import tariffs on the remaining $300 billion of Chinese imports into the country will be fought back by China, authorities said on Friday. The sudden… Read More ›
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Two Top Online Only Banks Of Europe To Enter US Market, Critics Are Skeptic
Berlin-based N26 and its UK rival Monzo are among the two most popular online banks in Europe and the companies are now eyeing a market share in et United States. These banks offer free accounts to users which can be… Read More ›
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US Tariffs On China Backfiring On US, Says Former Adviser To Trump
According to the former chief economic adviser of the United States president Donald Trump, the US economy is being affected by trump’s trade war with China and the import tariffs imposed by both countries on a wide range of each… Read More ›
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Grounding Of Boeing 737 Max To Hit Cash Flow, Warns GE
The global grounding of all the aircraft of Boeing’s 737 Max has hit the cash flow of General Electric. The United States based manufacturer of the engines that also supplies to this popular aircraft model from Boeing warned that the… Read More ›
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