Here’s how a benign New Year tweet by a Huawei’s social media handler uncovered the national underlying discrimination against foreign companies. In a development that provides indirect evidence of the measures Chinese companies take to pressure and force its citizens… Read More ›
Economy & Finance
MiFID II increasing pressure on margins on mid-to-small brokerages
Although regulators introduced MiFID II in order to bring about increased transparency and ensure that investors get a fairer deal, but with the reduced cost of market research, the market dominance by large financial institution is quickly becoming an issue…. Read More ›
Big banks looking to alter credit card rewards program
Big banks, including Citigroup Inc, JP Morgan Chase & Co, American Express Co, are looking for ways to boost credit card usage while cutting back on the rewards program. This is a must read if you were eyeing that free… Read More ›
Italy budget: Parliament passes budget after EU standoff
Even while the opposition in Italy complained that the Italian government was being dictated by the European Union, the parliament of the country approved a revised budget for 2019. Earlier, the populist government of the country had actually pushed hard… Read More ›
Growth Forecast For First Half Of 2019 Cut By Goldman Sachs
Banking firm Goldman Sachs has cut down its expectations for growth in 2019 because of the volatile financial markets and weaker economic data, said the bank on Saturday. It however assured that there was no immediate chance of a full… Read More ›
Six Nations Cut Tariff To Initiate The Pacific Trade Agreement
The rehashed and renamed Trans-Pacific Partnership (TPP) agreement struck between 11 countries, not including the United States and China, comes into force from Sunday even as New Zealand’s trade minister applauding the huge opportunities that the deal would present for… Read More ›
‘Progress Being Made’ On US-China Trade Relation, Tweets Donald Trump
“Big progress” is being made towards striking a deal on trade between the two largest economies of the world – United States and China, said US President Donald Trump on Saturday after he said that he had spoken to the… Read More ›
British Communities Secretary James Brokenshire’s letter reveals Britain’s Brexit preparedness
A letter by the British Communities Secretary’s to the Treasury reveals Britain’s Brexit preparedness. Britain is scheduled to leave the EU on March 29, 2019. Britain’s Chancellor of the Exchequer Philip Hammond has been accused by his cabinet colleagues of… Read More ›
Number of Britons applying for Irish passports ride dramatically ahead of fast approaching Brexit
Anybody born in Northern Ireland, or who has an Irish parent or grandparents, is entitled to an Irish passport. In 2018, the number of British citizens applying for Irish passports has risen by 22% – a rise of more than… Read More ›
FAO Predicts 7 Bln USD Needed By Africa To Import Rice By 2020
By 2020, a huge amount of 7 billion U.S. dollars a year would be required for all of the rice imports needed for feeding Africa according to the estimates of the United Nations (UN) Food and Agriculture Organization (FAO). This… Read More ›