Author Archives
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The China Slowdown Pinch Is Being Felt By Luxury Brands
Following the Thursday announcement by Apple of a warning for profits for the fiscal first quarter due to a drop in demand and sale of its iPhones in China and the economic slowdown in the Chinese economy, there was a… Read More ›
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1st Euro-Denominated Green Bond Launched By London-Based EBRD
A euro-denominated Green Bond benchmark which is a five-year 600 million euro (684 million U.S. dollars) global transaction was launched by the London-based European Bank for Reconstruction and Development (EBRD), the organization announced on Friday. This is the inaugural benchmark… Read More ›
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Chinese Central Bank Injects More Liquidity To Stimulate Slowing Economy
A number of new measures are being taken by China so that there is more bank-lending which can further stimulate its slowing economy. In the latest measure in a spate of number of policy changes that the Chinese government has… Read More ›
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Qualcomm In Critical Legal Battle Against The U.S. Antitrust Body
The antitrust case against Qualcomm brought by the U.S. Federal Trade Commission’s antitrust case accusing Qualcomm Inc of abusing a monopoly on mobile chip technology is expected to head to the courtroom on Friday for a trial whose outcome could… Read More ›
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Chinese Probe Gets Ready To Set Foot On The Moon
According to the official Chinese news agency Xinhua news agency, for the first time, a Chinese space probe is getting into position to land on the dark side of the moon. Experts and analysts see this mission as an important… Read More ›
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Italy budget: Parliament passes budget after EU standoff
Even while the opposition in Italy complained that the Italian government was being dictated by the European Union, the parliament of the country approved a revised budget for 2019. Earlier, the populist government of the country had actually pushed hard… Read More ›
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Growth Forecast For First Half Of 2019 Cut By Goldman Sachs
Banking firm Goldman Sachs has cut down its expectations for growth in 2019 because of the volatile financial markets and weaker economic data, said the bank on Saturday. It however assured that there was no immediate chance of a full… Read More ›
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Six Nations Cut Tariff To Initiate The Pacific Trade Agreement
The rehashed and renamed Trans-Pacific Partnership (TPP) agreement struck between 11 countries, not including the United States and China, comes into force from Sunday even as New Zealand’s trade minister applauding the huge opportunities that the deal would present for… Read More ›
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‘Progress Being Made’ On US-China Trade Relation, Tweets Donald Trump
“Big progress” is being made towards striking a deal on trade between the two largest economies of the world – United States and China, said US President Donald Trump on Saturday after he said that he had spoken to the… Read More ›
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FAO Predicts 7 Bln USD Needed By Africa To Import Rice By 2020
By 2020, a huge amount of 7 billion U.S. dollars a year would be required for all of the rice imports needed for feeding Africa according to the estimates of the United Nations (UN) Food and Agriculture Organization (FAO). This… Read More ›
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