Author Archives
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WEF Reports Says Compared to Fintech Start-Ups, Tech Giants Like Amazon And Facebook More Disruptive To Banks
According to a report by the World Economic Forum (WEF), compared to financial technology (fintech) start-ups, banks are faced with more competitive disruption from tech behemoths. The report concluded that start-ups had less of an impact than expected, contrary to… Read More ›
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11 Post-Brexit Trade Deals That UK Is Preparing Might All Be For Nothing
With the aim of reducing the economic impact of leaving the European Union, the U.K. government is preparing 11 trade deals. But despite the efforts, all this work might not be fruitful. While a member of the European Union, the… Read More ›
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Apple’s Cook Vows Donations To Rights Groups And Says He Disagrees With Trump
After U.S. President Donald Trump blamed white nationalists and anti-racism activists equally for violence in Virginia over the weekend, Apple Inc CEO Tim Cook has joined a chorus of business leaders who have voiced their opposition to Trump. “I disagree… Read More ›
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Three Countries Are Threatening Asia’s World’s Economic Miracle
The key factors that could derail Asia’s steady economic growth are a territoriality aggressive China, North Korea’s nuclear hostility and a chaotic White House under President Donald Trump. Richard Haass, president of the Council on Foreign Relations, wrote in a new Project Syndicate editorial… Read More ›
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A UK Job Recruiter Warns That London’s Financial District Is ‘Hemorrhaging Talent’
A loss of professional talent due to Brexit is what the City of London, home to the U.K.’s largest trading and financial services, is suffering from, according to a warning of U.K. job recruitment agency. “The City is still haemorrhaging… Read More ›
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Going Super-Sized Are The World’s Shipping Companies
Along with the companies that won them, getting bigger are the hulking container ships that transport sneakers, bananas and barbie dolls around the world. One year after excess capacity caused the sector’s worst-ever crisis — the bankruptcy of South Korea’s Hanjin… Read More ›
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Chinese State Media Warns Of A Looming Trade War Between India-China
Two Chinese state media reports said on Tuesday that after New Delhi imposed anti-dumping duties on 93 Chinese products amidst a military standoff in Doklam area, a trade war seems to be looming between India and China. New Delhi was… Read More ›
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This Nordic Bank Is Turing Away Corporate Cash Because It Doesn’t Want It
Danske Bank A/S, Denmark’s biggest lender does not want the excess cash of corporates held with it and it is telling its corporate clients to think hard about what to do with their excess cash before Dec. 31. Denmark still… Read More ›
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Japan Is The Country Where Probably Robots Would First Take Over, If They Ever Do So
Starting with everyday workers who fear being replaced by machines to visionaries like Elon Musk, who once compared A.I. to “summoning the demon” in a horror film, artificial intelligence has no shortage of critics. But according to Rob Subbaraman, chief economist… Read More ›
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Major Headaches For Investors Is Being Cause By The Euro Zone’s Third Largest Economy — And It Might Get A Lot Worse
The third largest economy of euro zone remains a major headache even when most of the euro zone seems to be flourishing. Even though recent data have come in above forecasts, Italy is dubbed by many analysts as the biggest… Read More ›
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