According to a report from the Sunday Times, British Prime Minister Boris Johnson and Finance Minister Rishi Sunak are likely to trim personal taxes rates before the next election. Sunak has the challenging task of telling voters and lawmakers on… Read More ›
Economy & Finance
Cvoid-19 And Other Factors Created A Rollercoaster Year For Global Coffee Market
The extent to which the global coffee industry has been severely hit by the novel coronavirus pandemic which is reflected by the figures from those countries that are the biggest markets for coffee. According to Euromonitor International, after a long… Read More ›
‘The World Could Look Like 1900 Again’, Warns Former World Bank Head Robert Zoellick
If various countries do not work together to get out of the current crisis created by the novel coronavirus pandemic and other factors, the world could look like it did in 1900, warned the former head of the World Bank…. Read More ›
Lebanon’s Army Engineers find 4.35T of ammonium nitrate near the entrance to Beirut port
In a significant development, Lebanon’s army said it has found 4.35 tonnes of ammonium nitrate near the entrance to Beirut port. The development comes in the wake of a catastrophic explosion on August 4, which flattened the neighborhood, gutting buildings,… Read More ›
Indian air carriers to resume ground handling operations in the U.S.: Transportation Department
In a statement, the U.S. Transportation Department said, it plans to restore the ability of Indian air carriers to conduct ground handling operations at U.S. airports. The quid-pro-quo moves comes in the wake of India allowing U.S. air carriers to… Read More ›
Sale Of Organic Food And Drink In UK Surges During Lockdown
During the novel coronavirus pandemic induced lockdowns in the United Kingdom, the demand and sale of organic food and drink rose sharply. Over the past year, the demand and sale of such products have grown at a rate that as… Read More ›
William Ackman’s acquisition of Airbnb through blank-check company would mark 2020’s biggest SPAC deal
According to sources familiar with the matter at hand, William Ackman, has approached Airbnb Inc about going public through a reverse merger with his blank-check company. The negotiations though are currently not moving ahead with Airbnb being more focused with… Read More ›
Germany raises 6..5 billion euros in landmark first green bond issue
In a landmark moment for Europe’s push towards climate focused financing, investors lapped up Germany first-ever green bond. Germany has raised 6.5 billion euros from the 10-year bond after investors queued up for over 33 billion euros. “With today’s issue… Read More ›
Pandemic Impact: Worst Economic Slump Reported By Australia
With the restrictions on business and the economy being imposed to prevent the spread of the novel coronavirus pandemic, the Australian economy was pushed into its deepest economic slump on record in the second quarter of the current year. This… Read More ›
Apple’s Market Value Is Greater Than The Entire FTSE 100 Companies Combined
The market valuation of the United States based tech giant Apple is now greater than the total combined value of all of the firms of the top share index of the United Kingdom. With a 4 per cent spurt in… Read More ›