The latest geopolitical risks in the Gulf and Middle East and increasing concerns about the safety and security of the economic infrastructure of Saudi Arabia has forced major ratings agency to bring down a notch the generally strong credit rating… Read More ›
Creativity
US-EU Trade Tensions Could Aggravate By Record US Tariff Award On Airbus By WTO
It is expected that the United States will be awarded a record allowance by global arbiters later this week which will allow the US to impose import tariffs on goods from Europe worth billions of dollars in connection to the… Read More ›
Responsibility For No-Deal Brexit To Fall In The UK, Says EU’s Juncker
Everything that is possible is being done by the European Union’s chief Brexit negotiator Michel Barnier and the European Commission President Jean-Claude Juncker but the responsibility of a no-deal Brexit would rest on the United Kingdom, said Juncker . The… Read More ›
Billions Lost In WeWork And Uber By Japan’s SoftBank
Japanese investment conglomerate SoftBank has been investing heavily through the $100 billion Vision Fund in the global tech industry and Silicon Valley, in companies such as Uber, Slack and WeWork. However following the IPO debacle of WeWork and the removal… Read More ›
Hydrogen Trucks To Be Tested By Hyundai In 2020 In Israel
A large scale experiment on development and practical use of hydrogen powered trucks would be conducted by South Korea’s biggest automaker Hyundai Motor in 2020 according to a report published by the business website Calcalist on Tuesday. While hydrogen as… Read More ›
Fall In Human Migration But Rise In Labor And Family Migration In 2018: OECD
There has been a slight increase in migration flow in 2018 into the OECD countries compared to 2017, claimed a new OECD report, and noted an increase in family and labor migration with a sharp decline in number of asylum… Read More ›
Largest Of The Global Firms Take Green Energy Vows
Amid increasing calls for addressing climate change all across the world, pledges for big investments on green energy have been made by a host of the largest companies of the world such as Amazon and Google. While Amazon has set… Read More ›
Sale Of E-Cigarette To Be Stopped By Walmart In US In Response To Vaping Illness
No more e-cigarettes at the Walmart and Sam’s Club locations in the United States would be sold by the largest retailer of the world. This was communicated by Walmart on Friday through an internal memo which was accessed by the… Read More ›
Airbnb Plans To Go Public In 2020
United States based home rental firm Airbnb has finalized plans for listing itself art a stick exchange in 2020 which would make it the most high profile companies to decide to move to go public next year. The company issued… Read More ›
Hong Kong Approaches PR Firms To Rebuild Image Only To Be Snubbed By All
The government of Hong Kong wants to try and rebuild the embattled image of the city and had reportedly got in touch with eight public relations firms for that purpose. However according ot reports, none of the firms were willing… Read More ›