Author Archives
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New Study Blames Large Companies For Slow Wage Growth In Germany
According to the findings of a study by the Bertelsmann foundation published recently, a slowdown the growth of wages in Germany is being caused by the large companies that dominate the market. The increasing concentration of the large companies in… Read More ›
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Apple Threatened By Ascendant Chinese Phones In Unit Sale Volume
US based IT giant, the darling of Wall Street and the first company in the history of business to reach the $1 trillion market value – Apple Inc., stunned Wall Street and investors alike after it issued a raft of… Read More ›
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Middle East And Nearby Economies Clouded By Numerous Inter-Wound Risks: IMF
There are many uncertainties in the Middle East, according to the latest outlook from International Monetary Fund (IMF), even though it is of the opinion that in 2019, there would be benefits from the higher crude oil prices for the… Read More ›
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UBS Chief Ermotti Says European Banking System Will Inevitably Face Consolidation
There is need for consolidation in the European banking system and this would become more and more inevitable with the passage of time, believes the chief of the largest bank of the continent. A section of investors policy-makers and other… Read More ›
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Despite Trump Rhetoric, US Bound Exports To Increase After Talks With US, Say Japanese Firms
The intensive and relentless efforts by the United States President Donald Trump to reduce the trade deficit with Japan, expectations of an increase in exports to the US because of trade talks between the two countries was expressed by almost… Read More ›
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Significant Crude Price Drop In One Month Forces Opec To Close In On Production Cuts
After almost a year of increasing oil output, the Opec and its allies are now poised to again reduce production with the aim of cutting down supply of crude to the market in 2019 to shore up prices. Saudi Arabia,… Read More ›
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IMF Expects Argentine Recession To Turn Around In Q2 Of 2019
According to the International Monetary Fund, the recession in the Argentine economy would bottom out by the first three months of next year and a recovery in the economy would be initiated in the second quarter of 2019. The IMF… Read More ›
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UK Prime Minister Sets Up Brexit ‘Business Councils’ For Strategy Setting
Five new business councils have been formed by the British Prime Minster Theresa May to advise the government on the best ways to create the most suitable business environment in the country after implementation of Brexit. There are some bog… Read More ›
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ISIS Is Still A ‘Problem’ Online Though It Has Lost Influence On Ground, EU Security Official
According to Julian King, the EU’s commissioner for the security union, the Islamic State is still “very much a problem” because this terrorist organization that once had under its control extensive areas in Syria and Iraq, us still continuing to… Read More ›
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Facebook Commissioned Report Indicts It Of Inaction In Myanmar’s Rohingya Issue
Facebook has agreed to allegations against it that held it responsible for not being able to stop its platform from being used to “incite offline violence” in Myanmar, the largest social media platform has said. The platform had created an… Read More ›
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