Economists ar Goldman Sachs have predicted that the U.S. Federal Reserve is likely to cut interest rates before its next scheduled meeting in two weeks time, citing an unscheduled statement from the head of the U.S. central bank on Friday…. Read More ›
With casinos shut for two weeks in Macau, the world’s second biggest casino hub, revenues from gambling in Macau have plunged by 87.8% in February in comparison to the previous year as authorities imposed a series of measures to keep… Read More ›
The World Health Organization has warned that the coronavirus could spread globally even as five more countries reported cases of infection of the disease and Switzerland cancelled the giant Geneva car show while fears of a coronavirus epidemic increased because… Read More ›
A new research that suggested that the auto industry is taking backward steps in addressing the issue of climate change, claimed that more carbon dioxide is being produced by new cars that are sold in the United Kingdom compared to… Read More ›
Some of the disruption to supply chains based in China because of the coronavirus is now slowly ebbing away, said the United States based National Retail Federation CEO Matt Shay. “A number of the larger companies have started to indicate… Read More ›
While warning that it was too early to estimate the total financial impact of the global coronavirus epidemic, Standard Chartered has confirmed that it would miss its financial targets for the current year. It is unlikely that the income growth… Read More ›
The United States based leading cloud-based software company Salesforce reported a 35 per cent growth in its quarterly revenues for the fourth quarter of last year at $4.85 billion. Revenue from sale for the customer relationship management service provider was… Read More ›
The coronavirus outbreak in China could cause a potential disruption for drug makers in India and experts say that if that happens, the impact well be felt globally. The virus outbreak in China threatens to disrupt the supply of raw… Read More ›
Even as a number of global car makers have issued warnings of profit for the current year being hit because of the coronavirus outbreak in China and elsewhere, its global vehicle sales forecast for the current year has also been… Read More ›
In a statement, the European Commission stated, Brexit negotiations with Britain will not include British financial firms gaining access to the EU market. The clarification comes in the wake of Britain stating it wants a “legally binding” framework to access… Read More ›
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