Author Archives
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Japan’s Economy Loosing Out Billions Due to Lack of Sleep of Workers
The world’s third-largest economy is being held back by an unusual source and it is has nothing to do with economics. A recent study by the government shows that apart from making people grumpy and unhealthy, sleep deprivation is doing… Read More ›
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Mexico Recruits US Tech As Trade Screws Tighten
In what is the latest cross-border recruitment effort to respond to U.S. immigration policy and with the message that it’s a great place for high tech, the governor of Mexico’s state of Jalisco is visiting more than 40 U.S. tech… Read More ›
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Fortress Investment to be Bought for $3.3 Billion in Cash by SoftBank
U.S.-based private equity and asset management firm Fortress Investment Group would be bought over by Japanese Internet and telecommunication giant SoftBank Group for about $3.3 billion in cash, the Japanese group has announced.. SoftBank is better known for its typical investments into technology… Read More ›
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As Space War Intensifies, India Completes Record Satellite Launch
As the Indian space program looks to cement its position as the dominant destination for low-cost launches, the country’s primary space agency, ISRO, put 104 satellites into orbit on Wednesday, the most in history. When it took off at 9:28… Read More ›
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Test for Central Banks and Markets to be Presented by Reawakened Global Inflation
Inflation numbers are a key market focus for global central banks who have been battling to ward off deflation and have spent trillions of dollars in the years since the financial crisis. And with mounting signs, their efforts seem now… Read More ›
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Cigna Wants To End Anthem Deal; Aetna, Humana Drop Merger
Shelving the industry consolidation were charted to address former President Barack Obama’s Affordable Care Act, Cigna Corp sought to end its deal with Anthem and Health insurers Aetna Inc and Humana Inc walked away from their $34 billion merger. Saying… Read More ›
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To Stay Attractive, Plan B on Corporate Taxes Need to be Drawn Up by Switzerland
After voters rejected its bid to reform corporate taxation to keep the country internationally competitive, the Swiss government must come up with a new plan and figure out how to limit economic fallout. The government will have to concoct a Plan… Read More ›
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Amid Populist Rise, Elections Across Europe has the IMF Chief Worried
Set against a backdrop of rising support for populist parties, the flurry of upcoming elections in Europe are causes of concerns for International Monetary Fund (IMF) chief Christine Lagarde. There is growing uncertainty about the future state of the European Union… Read More ›
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As Bond Buying Continues, ECB Rate Pledge Could Be German Solace
A colleague of Mario Draghi – Yves Mersch, has a suggestion if Draghi is willing to send a signal that the European Central Bank’s stimulus drive won’t last much longer. According to Mersch, who sits with President Draghi on the… Read More ›
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To Get Out of the Doldrums, Energy Stocks Look for Catalyst
As the energy sector’s profit rebound has lacked vigor, buoyant oil prices since Donald Trump’s election have provided no lasting halo effect for energy stocks. U.S. crude has held above $50 a barrel since mid-December and oil prices are up… Read More ›