While China, its main ally, has called for a peaceful resolution to the crisis it has yet to play any significant role in defusing the situation. It has instead started levying economic costs on South Korean companies. On Tuesday, South… Read More ›
Creativity
The Japanese Yen and the Euro are rising against the USD following Pyongyang’s testing its nuclear device
Although North Korea’s move have seen many investors moving to Japanese assets, many investors worry that in the event of an actual war, these very assets may lose their shine. With North Korea raising the ante, gold, the Japanese yen,… Read More ›
No reason to doubt North Korea’s testing of an advance hydrogen nuclear device: U.S. intelligence official
A thorough analysis will determine the type of device used as well as its blast radius. According to U.S. intelligence official there is no reason to doubt that North Korea had tested an advanced nuclear device. “We have nothing… Read More ›
Two key pipelines of the United States’ biggest fuel systems are set to go operational on Monday
Hurricane Harvey has raised a bill of up to $180 billion. Following Hurricane Harvey’s devastation in Texas, two key fuel pipelines are set to start working again on Monday in Texas, alleviating concerns of rising retail prices for gas and… Read More ›
Agricultural Advocacy groups, restaurants and Retailers, caution U.S. negotiators on dangers to American agriculture while renegotiating NAFTA provisions
Letters have been sent to U.S. Commerce Secretary and U.S. Trade Representative highlighting the dangerous implications for U.S. businesses and consumers in renegotiating NAFTA provisions. On Thursday, agricultural groups, American retailers, and restaurant have weighed in against the Trump Administration’s… Read More ›
Britain to enter into a bilateral trade agreement with Japan following Brexit
With reduced access to the EU’s single bloc economy, British Prime Minister Theresa May wants to assure her peers and British businesses that she can live up to their aspirations, deliver Brexit, and still manage the economy. As per a… Read More ›
Donald Trump to nominate Robert Jackson to the SEC
Jackson’s appointment will bring the 5 member SEC panel to its full strength which will then push for reducing regulatory commitments for public companies – an agenda that the Trump Administration wants fulfilled. According to person with the knowledge of… Read More ›
Expedia names Mark Okerstrom as its CEO
Okerstrom has hinted at a possible future tie up between Expedia and Uber Technologies. On Wednesday, Expedia Inc named Mark Okerstrom as its new chief executive and president. He replaces Dara Khosrowshahi who has been hired by Uber Technologies Inc… Read More ›
Dara Khosrowshahi, Uber’s CEO, underscores need for change of work culture, IPO in 18-36 months
Despite the troublesome inheritance, Khosrowshahi is firm on expanding Uber’s market share and taking Dara Khosrowshahi, Uber Technologies’ new Chief Executive informed employees that the company’s work culture will undergo change and that it is likely to go public in… Read More ›
American Express launches smart debt management tool to atract new customers
The debt management tool is likely to be very useful for big ticket items. In a strategic move aimed at roping in young, economically conscious consumers into its fold, American Express Co has unveiled a new option that allows young… Read More ›
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