The United Kingdom is set to face the longest period of slump in business investment in 17 years because of the uncertainty surrounding Brexit and the global economic slowdown because of the protracted trade war between the United States and… Read More ›
United States overtook Saudi Arabia and Russia to become the largest oil producer of the world for a brief period for the first time in history earlier this year because of a boom in shale production. According to the International… Read More ›
The Chinese currency yuan could be used globally because of the proposed launch of a digital currency by China, said the CEO of American cryptocurrency financial services firm Circle. Its own digital coin is being planned to be launched by… Read More ›
In the first session after the drone attack on two of the largest oil refining facility in Saudi Arabia which resulted in a loss of production capacity of oil by more than half, there was a sharp drop in Saudi… Read More ›
After legislators in California passed the landmark bill earlier in the week that, if brought into a law, would force companies using the gig economy to identify the gig workers working for them as employees and hence give them benefits… Read More ›
For any auto manufacturing company, the United States’ pickup truck market is a very lucrative one. This auto segment accounted for about 33 per cent of the total sale of Ford, GM, and Fiat Chrysler in the second quarter alone…. Read More ›
The US state of California has passed a legislation that would allow workers in the gig economy to demand holiday and sick pay. This is considered among first legislations in the world that can upend and significantly affect the business… Read More ›
According to a Reuters report, a payment system license under Switzerland’s Financial Market Supervisory Authority (FINMA) is being sought by social media company Facebook for its planned digital coin project Libra. Its choice to coordinate and get regulated by a… Read More ›
Just days before a planned face to face meeting between the trade representatives of the United States and China, Beijing announced its decision to exempt 16 types of US products imported into the country from tariffs. The Chinese Ministry of… Read More ›
There is a raging privacy row in China over a new Chinese app that allows its users to convincingly swap their faces with film or TV characters. The app has fast gained popularity in the country and has become the… Read More ›
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