Author Archives
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UN Chief Says Stronger EU, “Fair Globalization” Is Needed By The World
The world would need a stronger and “more intervening” European Union, believes UN Secretary General Antonio Guterres. The European Union is “missing action” in a number of areas where it is needed by the UN and others, Guterres said while… Read More ›
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India Takes Further Counter Measures To US Trade Tariffs
India is taking fast steps to get back at the United States on trade tariffs. According to a revised World Trade Organization filing by the country, it has proposed enhancing of tariffs on 30 US goods that are imported into… Read More ›
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Bailout Exit Terms Could Put Greece And Eurozone At Logger Heads
As the Greek government prepares to close its third bailout program, there is anticipated row between Eurozone finance ministers and the Greek government over the terms of a “golden goodbye”. One of the major issues that is likely to surface… Read More ›
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EU-Canada Trade Deal Would Not Be Ratified By Italy: Agriculture Minister
The Italy government believes that the interests of its farmers are not protected by an EU-Canada free trade deal, and as such the country would not ratify the deal, said Italy’s nationalist agriculture minister on Thursday. A Comprehensive Economic and… Read More ›
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$50 Billion Tariff On Chinese Goods Approved By US President Donald Trump
Import tariffs on Chinese goods into the United States worth $50 billion have been approved by President Donald Trump. It is expected that the US Trade Representatives would make a formal announcement on the new tariffs in a day or… Read More ›
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Comcast Prepares $65 Billion Bid For 21st Century Fox
Comcast has reportedly prepared a counter bid for 21st Century Fox and its assets to thwart attempts by Disney. It has been reported that he former has prepared bid for $65 billion all-cash offer to counter the $52.4 billion deal… Read More ›
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US Snatches Accolade For Possessing World’s Most Powerful Supercomputer From China
The most powerful calculating machine in the world unofficially is a supercomputer named Summit. It was unveiled at Oak Ridge National Lab in Eastern Tennessee. The purpose of the design was partly to increase the techniques of artificial intelligence which… Read More ›
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Ticket Resale Industry Targeted By FIFA Before The World Cup
Football fans are being duped by ticket resellers, say FIFA just days before the football World Cup is set to begin in Russia. “Secondary ticketing” is a big business. According to news reports, the business is estimated to be worth… Read More ›
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300% Over-subscription For Foxconn Unit’s $4.27 Billion IPO In China
There was 300 per cent oversubscription for the stocks of Foxconn Industrial Internet in what is being touted as China’s biggest IPO in the last three years Driven by expectations of a price rise following the listing, there was high… Read More ›
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Argentina To Get $50 Billion Loan From IMF
$50bn would be given to Argentina as debt to spruce up its debacle economy by the International Monetary Fund, However, the IMF board still needs to pass the three-year agreement. Following the local currency of Argentina hitting record lows on… Read More ›
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