“There’s a storm approaching but we don’t know how bad the storm is going to be,” said Glen Kedzie, energy and environmental counsel for the American Trucking Associations. With tough shipping regulations, set by the United Nations shipping agency, the… Read More ›
Economy & Finance
US-China To Restart Trade Talks, But China Claims Its Demand Must Be Met
With reference to the revamped trade negotiations between the United States and China – being seen as advance talks prior to a meeting between Presidents Donald Trump and Xi Jinping next week in Japan, Chinese officials said that they hoped… Read More ›
FedEx Admits New “Mistake” About Huawie Package, Says Will Not Delivery Huawei Mail
Admission for another “mistake” related to a Huaqwei delivery by FedEx Corp has drawn the ire from China. Even though the United States based courier company apologized for the mistake, the Chinese state media has suggested that such mistakes can… Read More ›
Companies In Facebook’s Libra Project Could Have Excess Power, Says Facebook Co-Founder
Those corporations who would get involved with the project of the digital currency called Libra being planned to be launched by the social media company Facebook could get undue advantage to getting greater power than the nation states, warned one… Read More ›
Report Predicts Growth For Cannabis Infused Products Market
A new report from Standard & Poor’s predicted that more companies would be implementing plans to enter the global cannabis market which is estimated to be valued at $150 billion and develop and offer products ranging from cannabis infused as… Read More ›
Furthering Pyongyang-Beijing Ties Good For Regional Peace, Say Xi Jinping & Kim Jong Un: Report
The strengthening of bilateral ties between China and North Korea was good for both countries and regional peace amidst an environment where there is “serious and complicated” international affairs, agreed North Korean leader Kim Jong Un and Chinese President Xi… Read More ›
Economic impact of no-deal Brexit should be known before Britain opts for it: Bank of England Governor
A vote for a No-deal Brexit option should have “absolute clarity” on what it would mean for the British economy. In a significant development, Mark Carney, Bank of England’s Governor made it lucidly clear that Britain could opt of a… Read More ›
France’s PSA opens $630 million car factory in Morocco
Morocco is also home to French carmaker Renault. The automotive sector has accounted for 27.1% of Morocco’s exports of 27.7 billion dirhams in the first four months of 2019. On Friday, French carmaker PSA stated, it has opened a $630… Read More ›
Britain biggest asset manager removes ExxonMobil from its Future World Funds
ExxonMobil along with 4 other companies have been removed from its board following non-compliance to key minimum requirements, including on emissions reporting and targets. In a significvant development, the Legal & General Investment Management, Britain’s biggest asset manager, has dumped… Read More ›
Deutsche Bank AG probed for compliance to money laundering laws and other financial crimes
U.S. federal authorities are probing to trace and map the flow of illicit funds through the U.S. financial system. According to a report from the New York Times which cites 7 sources familiar with an enquiry, U.S. federal authorities are… Read More ›