The annual Economist Intelligence Unit survey has put Paris at the top of the list that ranks major world cities on the basis of expenses for its residents and visitors. Paris shared the spot with two Asian cities Hong Kong… Read More ›
Economy & Finance
OECD Report Claims Fake Goods Sale Rising Due To Rise Of Online Retail
A report from the Organisation for Economic Co-operation and Development (OECD) and the European Union’s intellectual property office (EUIPO) has found that there has been a rapid increase in the amount of fake merchandise sold around the world because of… Read More ›
Huawei’s cheap 5G equipment come with massive security implications
Apart from the asymmetry between the access that Chinese firms enjoy in foreign markets and the access China provides foreign companies in its markets, the real threat to national security is that China’s 2017 cybersecurity law obliges and forces citizens… Read More ›
OPEC Keeps Output Cut In Place But Scraps Crucial April Meeting
The scheduled meeting in April of the Organization of the Petroleum Exporting Countries (OPEC) is set to be cancelled. The meeting was called to estimate the possible impact when, in June, the full impact of the United States sanction on… Read More ›
Fears Of 30000 Job Losses From Possible Merger Of Deutsche Bank And Commerzbank
Following the confirmation of talks of a merger by Deutsche Bank and Commerzbank, there were voices of concerns arising out of workers unions, Chancellor Angela Merkel’s office and top shareholders on Monday. A warning from the unions feared job loss… Read More ›
Brexit slashes Britain’s economic growth to lowest in a decade
The British Chambers of Commerce (BCC) has warned of greater economic harm if the geo-political scenario does not quickly get a more stable footing. As per the British Chambers of Commerce (BCC), companies across industry segments are looking to cut… Read More ›
May grows more cautious for Tuesday’s Brexit vote in parliament
Tomorrow’s vote will depend on whether May has the numbers backing the deal. On Monday, Britain’s Foreign Minister Jeremy Hun stated, the Britain’s government will only hold another meaningful vote on Prime Minister Theresa May’s Brexit deal on Tuesday provided… Read More ›
U.S. Transportation Department investigating Boeing 737-8 MCAS
The Transportation Department’s probe is focusing on whether the FAA used appropriate design standards and engineering analyses in certifying the aircraft’s anti-stall system. According to a report by the Wall Street Journal citing sources familiar with the the matter at… Read More ›
Principal Financial Group Inc eyeing to purchase Wells Fargo & Co’s retirement plan services business
If all goes well with the potential deal, worth possibly more than $1 billion, an announcement could be made later this month. According to sources familiar with the matter at hand, Principal Financial Group Inc is in advanced talks to… Read More ›
Some Patients Can Have Problems From Inactive Ingredients In Medications: Study
A study by a group of doctors and scientists into the inactive compounds used to make medications, the results of which were published last Wednesday in the Science Translational Medicine journal, found the existence of at least one inactive ingredient… Read More ›