China’s exports surpassed forecasts during a global pandemic, resulting in a record surplus in trade for the country in December and for the entire of 2021. However, some analysts predict a downturn in overseas shipments in the next few months. According to figures… Read More ›
On Friday, Ukraine was hit by a massive cyberattack. Russia has also released footage of more forces being deployed on Ukraine’s border in a drill. These developments come at a time when no breakthrough agreement was reached between Russia and… Read More ›
In a statement Polish foreign minister Zbigniew Rau warned, Europe is closer to war than it has been in the last 30 years. The warning comes at a time after a third round of diplomacy aimed at defusing tensions over… Read More ›
Following a more than anticipated surge in Covid-19 claims in 2021, life insurers are predicting a five-year-long pandemic and more variants that are even more transmissible. According to a report released by insurance broker Howden, the global life insurance industry was hit… Read More ›
Volkswagen Group has said that it had its lowest sales in ten years in 2021, as it managed to make about 8.9 million deliveries, and added that it expects supply chain conditions will continue to be turbulent even during the first half of this year. Luxury… Read More ›
The metaverse, which requires a massive amount of computing power, is set to benefit global chipmakers— but other tech-related industries could also gain from it, analysts say. Widely seen as the next generation of the internet, the metaverse refers broadly… Read More ›
European airlines are being forced to fly nearly empty passenger flights this winter in order for the airlines to keep prized take-off and landing sites at airports at a time when the demand for air travel is quite low. At… Read More ›
For the United Kingdom, trade talks with India are not completely comfortable. However, with no progress on a free trade agreement with the United States and none expected in the near future, the formal initiation of trade discussions with India,… Read More ›
All is not well with China’s economy. Cash-strapped Chinese developers are scrambling to negotiate new terms with their bondholders to avoid defaults, with Yuzhou Group and the Shimao Group being the latest case in point of Chinese developers seeking extensions on their… Read More ›
On Thursday British lawmakers warned, a digital pound which will be used by consumers is likely to affect the country’s financial stability, erode privacy and raise the cost of credit. The digital pound would need greater appraisal before its widespread… Read More ›
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