On Wednesday, data from China’s National Bureau of Statistics showed that in July the country’s growth in terms of industrial output touched its 17-year low nadir, a pointer to growing cracks in its economy which comes at a time when… Read More ›
Economy & Finance
Britain’s Speaker for House of Commons takes firm stand on Brexit
The development adds to the headwinds facing British Prime Minister Boris Johnson as he rushes to implement Brexit, without a without a deal. Britain’s Speaker for the House of Commons said, he would refuse to allow Prime Minister Boris Johnson… Read More ›
China-owned Smithfield Foods Inc launches plant-based meat alternative
Consumers are becoming increasingly environmentally conscious of the health hazzards of intensive animal farming as well as the benefits of adding more plant-based protein to their diet, there is growing trend towards alternative meat products. In a development that underscores… Read More ›
Oregon join coalition against T-Mobile-Sprint merger
15 U.S. States, headed by the Attorney General of New York and California, have filed a lawsuit against the merger saying it is anti-competitive and will raise costs by more than $4.5 billion annually for residents. In a significant development,… Read More ›
Thomas Cook holding advanced talks for $180.68 million additional cash injection
The move is aimed at increasing the liquidity during the 2019-2020 winter low cash period. On Monday, Thomas Cook Plc stated, it was holding advanced talks with noteholders for a $180.68 million (150 million) pound cash injection into the company…. Read More ›
Austrian sensor specialist AMS triggers bidding war for Osram
The acquisition makes sense for AMS since it sees synergy with Osram sensor solutions and photonics businesses especially in the emerging self-driving market. Austrian sensor specialist AMS’ offer to acquire Germany’s Osram has trigerred a bidding war for the German… Read More ›
Most Should Get Off Facebook, Recommends Apple Co-Founder
Most people should get off Facebook, recommended Apple co-founder Steve Wozniak. This was reportedly said by the 68-year-old engineer and entrepreneur to TMZ in Washington D.C. “There are many different kinds of people, and [for] some, the benefits of… Read More ›
As Latest Trump Tariffs Set To Be Imposed, Analysts Look For Signals Of Consumer Pressure
Investors in the United States and elsewhere would be keeping a close watch on the quarterly results of US retailers that would start coming starting next week as well as the release of key consumer sentiment and retail sales data,… Read More ›
Indonesia-EU Trade Dispute Could Be The Next Trade War
While the global markets, economists, investors and analysts are busy closely watching the developments of the trade war between the United States and China, there is another potential trade war that is brewing the European Union and the commodity giant… Read More ›
UN Report Claims Climate Change Can Be Fought By Plant-Based Diet
According to a recent report from the United Nations on the effects of climate change on land, global issues of global warming or food security, health and biodiversity can only be challenged if there is a change in the manner… Read More ›
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