Author Archives
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Capacity Cuts Results In Robust Profits For Listed Chinese Steel Companies
Steel prices saw a rise as there was reduction of outdated supply because of cuts in production capacity of China’s listed iron and steel producers resulting in most reporting strong profits for 2017. There was surge of net profits by… Read More ›
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Here’s Why Broadcom’s Hostile Takeover Of Qualcomm Was Stopped By U.S.
China and 5G are the reasons, according to analysts, that U.S. President Donald Trump scuttled the largest ever tech deal of $117 billion. The White House cited “credible evidence” that the deal would potentially “impair the national security of the… Read More ›
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23 Russian Diplomats To Be Expelled From U.K. For Alleged Nerve Gas Attack On Former Russian Agent
British Prime minister Theresa May announced on Wednesday that as a fall out of the nerve toxin attack on a Russian former double agent in southern England, 23 Russian diplomats would be expelled from the U.K. Britain would reduce its… Read More ›
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Indian Tariffs on Solar Panels Ultimately to Hurt India’s Solar Targets?
A target of generating enough solar power to provide energy to 16 million homes by 2022 is a target for India which would transform the country in a solar power house. While offering financial incentives to companies building solar panels,… Read More ›
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Trade War With U.S. Would Be A ‘Disaster’ For Global Economy: China Says About Trump Tariffs
China continued with its criticism of import tariffs on steel and aluminum imposed by U.S. President Donald Trump even as its commerce minister Zhong Shan said that the world economy would suffer because of its trade war with the United… Read More ›
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Increase In U.S. Growth Rate Of Jobs In February
While the rate of job creation in the US increased in the month of February, there was a slowdown in the annual rate of wage growth. According to official figures, expectations of the jobs growth by analysts were surpassed as… Read More ›
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South African Hops Becoming More Popular With Craft Brewers
Craft brewers around the world are now feverishly seeking hops from South Africa’s Western Cape. But given the hot and dry climate of the region, growing hops in South Africa is a near impossibility. However, the odds have been thrown… Read More ›
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2017 Eurozone Growth Fastest In A Decade At 2.3 Per Cent
The economic growth rate for the 19-member eurozone saw a growth of 2.3 percent year-on-year for the fiscal year of 2017, according to official data which was released by the economic block earlier in the week. The registered rate of… Read More ›
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Massive Cyber Hack Forces Crackdown On Cryptocurrency Exchanges By Japan
Following a recent cyber heist of $530 million in Japan that has once again shaken the world of cryptocurrency, trading was halted at two cryptocurrency exchanges forcefully by the authorities in Japan as a part of its crack down on… Read More ›
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Levi’s Jean To Reach Markets Much Faster With The Use Of Lasers To Make Jean Instead Of People
The making jeans is getting automated and speeded up by the use of lasers and by Levi Strauss. The process of fading, distressing and ripping would be made more efficient and the use of chemical would be reduced by the… Read More ›