A new report published by a Shanghai-based research institute has found that there are more unicorns in China than the United States and the largest in the world. There are 206 unicorns currently in China according to a research by… Read More ›
Creativity
U.S.-EU trade negotiations on the horizon
In an interview to the Financial Times, U.S. Commerce Secretary Wilbur Ross hinted at the possibility of negotiations with the European Union as an alternative approach to imposing tariffs on automotive and automotive parts. On Wednesday, in an interview to… Read More ›
New York Federal Reserve accepts $35 billion out of $58.15 billion in overnight repo bids
The development led to a slight increase in repo rates. In a move intended to help maintain federal funds within their target range, the New York Federal Reserve has accepted $35 billion of the $52.2 billion in bids from primary… Read More ›
Attorneys general to meet up in Colorado next month for antitrust probe against Google Inc
The investigation into Google Inc’s online advertising business involves all U.S. state attorneys general except California and Alabama. According to three sources with knowledge of the matter at hand, U.S. state attorneys general probing Alphabet’s Google Inc plan on meeting… Read More ›
Arla Foods looking for new CFO as Natalie Knight leaves the position
Arla Foods’ CFO, Natalie Knight, will be stepping down as the company’s CFO on February 2020 to take up the role of VP of finance at Ahold Delhaize. On Tuesday, Arla Foods, one of the world’s largest dairy firms, stated… Read More ›
The United Kingdom’s economic fate hangs in the balance as British parliament faces 2 crucial votes
Boris Johnson, who has been the face of the 2016 referendum campaign, now faces an unenviable position of keeping his “do of die” pledge and ensuring Brexit in just 9 days. Defeat in either of the two votes places him… Read More ›
China’s import of dirty coal set to rise significantly in 2019
While China’s import of coal has already risen by 9.5% in the first 9 months of the year, traders ad analysts opine that it could reach 300-320 million tonnes by this year end. On Tuesday, traders and analysts stated, China… Read More ›
Analysts Say Global Economy Could Be In A Growth Recession
Some economists fear that a recession could hit the American economy. Those worries are exacerbated by the memories of the last financial crisis because the financial crisis was unfolding furring the last global recession in 2008. Businesses had shut down,… Read More ›
Thomas Cook’s Collapse May Have Been Because Of Debt-Fuelled Expansion
According to the analysis of the Institute of Directors of the United Kingdom, the down fall of the century old travel company Thomas Cook was potentially because the rapid expansion of the company between 2007 and 2011 which was fueled… Read More ›
Boris Johnson’s Brexit deal faces stormy clouds in parliament
For Johnson, passing the deal is a do-or-die situation: he has banked on the phrase repeatedly, saying he will get the deal through by October 31, no matter what. On Saturday, British Prime Minister Boris Johnson’s last-minute plan to secure… Read More ›
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