The newly appointed president of the European Central Bank and the former chief of the International Monetary Fund, Christine Lagarde, will be doing things her own way as president. This was a clear message from her to the investors and… Read More ›
Economy & Finance
British AI Firm Latent Logic Acquired By Google’s Self-Driving Car Waymo
The Oxford artificial intelligence company Latent Logic has been acquired for an undisclosed amount by Google’s self-driving car division Waymo. This also marked the entry of Waymo for the first time in et United Kingdom. A specialist in “imitation learning”,… Read More ›
US And China ‘Very Close’ To Trade Deal, Says Trump
United States president Donald Trump has announced that the US and China were “very” close to a “big” trade deal which saw a rise in the US stocks after the announcement. “They want it and so do we!” the US… Read More ›
High stakes meeting at White House on China tariffs today
According to three sources familiar with the matter at hand, U.S. President Donald Trump is scheduled to meet with top trade advisers on Thursday in order to discuss U.S. tariffs which are scheduled to kick-in on December 15 on $160… Read More ›
G5 Sahelian meeting postponed to early 2020
On Thursday, in a statement, the French presidency said, President Emmanuel Macron and Niger President Mahamadou Issoufou agreed on a proposal which calls for postponing a meeting of Sahelian country leaders which was scheduled to take place in France this… Read More ›
HSBC Swiss Private Bank Settle US Tax Evasion Case For $192 Million
HSBC’s Swiss private bank agreed to come to a settlement with US regulators in a deal worth $192.4 million in penalties and forfeiture over charges brought against it in along running inquiry of conspiring with US taxpayers and to help… Read More ›
Historic Market Debut Of Saudi Aramco Followed By Growth In Share Price
The historic debut at the stock market by the Saudi Arabian oil giant Saudi Aramco has seen the stocks of the company rise by 10 per cent at the start of their trading on Wednesday. The Aramco IPO was the… Read More ›
Progress At UN Climate Change Talks Being Blocked By Major Emitters: BBC
Attempts are being made to block progress at the COP25 meeting in Madrid which has angered delegates from developing countries set to participate in the meeting, claimed a report by the BBC. The blocking actions of some large emitters was… Read More ›
Trump will have final say on tariffs and U.S.-China trade deal: Peter Navarro
U.S. President Donald Trump will have the final on tariffs as well as that on the U.S.-China trade deal, said White House trade adviser Peter Navarro. “Either way we’re going to be in a great place … The president loves… Read More ›
Chevron to writedown value of assets by $10-$11 billion during fourth quarter
In a significant development, Chevron Corp stated, it will be writing down the value of its assets by $10 billion to $11 billion this quarter; the U.S. oil major is also considering selling some of its natural gas projects as… Read More ›
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