In a significant development that underscores the fact that the previous Administration efforts aimed at countering China’s exploitive trade practices have indeed hit their targets, senior Chinese diplomat Wang Yi has called on the Biden Administration to reopen dialogue with… Read More ›
According to a report from the Wall Street Journal, a group of activist investors who have a stake of around 9.5% in Kohl’s Corp is attempting to take control of the department store chain’s board. The activist investors include Ancora… Read More ›
According to a new study, one billion more doses of the available Covid-19 vaccines than their citizens need have been purchased by the richest countries of the world which would mean that people from poorer countries will probably not be… Read More ›
The Paris Agreement on climate change has not formally been rejoined by the United States. The agreement was formed to tackle the problem of global warming so that the potentially catastrophic impacts of it can be avoided. According to the… Read More ›
In a significant development, the Sunday Times reported, British finance minister in the upcoming budget in March, Rishi Sunak is likely to raise taxes on businesses to pay for the Government’s COVID-19 support schemes. During his March 3, 2020 speech,… Read More ›
An urgent call for a “cease-fire” in the on-going trade spat between the European Union and the United States over aircraft subsidies was given by the head of European plane maker Airbus on Saturday. The company said that the damage… Read More ›
Investors in bitcoin apparently unheeded warnings by analysts that the crypto currency is an “economic side show” and is a poor hedge for the drop in stock prices as the market capitalization of the virtual currency hit a value of… Read More ›
In a significant development, Mark Carney, the former head of the UK and Canadian central banks, has joined Stripe Inc’s board of directors. The development comes in the wake of the company reporting that it plans on a funding round… Read More ›
On Sunday, Israel began reopening parts of its economy on what it termed as the start of a return to normal following a COVID-19 vaccination drive that has reached almost 50% of its population. While everyone could visits shops, access… Read More ›
In a significant development that marks a sharp contrast in Britain’s stands towards China, a post on index provider FTSE Russell states, it will “add 11 stocks from China’s STAR Market to its global benchmarks” thus allowing Beijing to benefit… Read More ›
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