Author Archives

• Brexit Uncertainty A Reason For Weakest Outlook For UK Since 2009: BOE

  By admin2 on February 7, 2019 • ( 0 )

  

  Growing uncertainty over Brexit and a general slowdown in the global economy were identified to the reasons by the Bank of England (BOE) to be the reasons for the UK economy to potentially registering the weakest economic growth in a… Read More ›

• David Malpass Picked By Trump To Head World Bank

  By admin2 on February 7, 2019 • ( 0 )

  

  Senior Treasury Department official David Malpass has been handpicked by United States president Donald Trump as a candidate to head the World Bank. It is expected that Malpass would alter the focus of the international bank and one of the… Read More ›

• ‘Massive’ Impact Of Tariff Hike Due To US-China Trade War: UN

  By admin2 on February 5, 2019 • ( 0 )

  

  There would be “massive” implications for the global economy if there is an increase of tariffs on Chinese goods by the United States next month, warned a UN trade official. If the 90 day truce to the trade war between… Read More ›

• Experts Say UK Could Benefit From A Delay Of Brexit Deadline

  By admin2 on February 5, 2019 • ( 0 )

  

  According to analysts, there can be some benefits for the UK is there is an extension of Brexit talks even as the United Kingdom and the European Union are still to come to an agreement over the impending divorce between… Read More ›

• Despite Scandalous 2018, Facebook Reports Record Profit

  By admin2 on January 31, 2019 • ( 0 )

  

  2018 was perhaps the most troubled year for Facebook in terms of scandals and regulatory scrutiny it faced. And while analysts believed that these would have an impact on the overall financial performance of the company, the largest social media… Read More ›

• Second Consequent Ever Quarterly Profits For Tesla

  By admin2 on January 31, 2019 • ( 0 )

  

  For the first time in its 15 year history, profits for two consecutive quarters were posted by US electric car maker Tesla after it reported fourth quarter results of 2018. The company reported a profit of $139 million against revenues… Read More ›

• Apple’s Cook Hints Company Could Lower iPhone Prices In Some Markets

  By admin2 on January 31, 2019 • ( 0 )

  

  Hints that Apple could be lowering the prices of its iPhones in some places to increase falling sale was given by the company’s CEI Tim Cook. In the latest financial quarter, there was a drop of 15 per cent in… Read More ›

• Gold Hits 7-Month High As Stocks And Dollar Slog On Macro Events

  By admin2 on January 29, 2019 • ( 0 )

  

  While waiting for three major macro events and a barrage of tech companies reporting earnings, markets adopted a cautious approach which pushed the value of gold to a seven month high. The markets are awaiting three crucial events – a… Read More ›

• Sanctions On Russian Aluminum Firms Close To Putin’s Ally Lifted By US

  By admin2 on January 28, 2019 • ( 0 )

  

  Sanctions on three Russian companies that are allegedly linked to Russian oligarch Oleg Deripaska, an ally of President Vladimir Putinm have been lifted by the Trump administration. After Mr Deripaska ceded control, sanctions on aluminium giant US Rusal, En+ Group… Read More ›

• KPMG Says Prayers For Extension Of Article 50 Being Made By US Firms For Brexit

  By admin2 on January 28, 2019 • ( 0 )

  

  Even as various data suggested a steep drop in foreign investments in the United Kingdom  and a six year low for the outlook for growth, British companies are “praying for an extension to article 50” and not a no deal… Read More ›