Investors concerns were largely driven by the potential involvement of U.S. authorities which led to the nose diving of Danske’s shares. On Wednesday, Thomas Borgen, Danske Bank’s CEO quit following a money laundering scandal which involved $234 billion (200 billion… Read More ›
Clearly not amused by Trump’s escalation of the trade war, China’s state-owned media tabloids have a positive stance that tries to exploit the trade war to Beijing’s advantage. It is to be seen whether China is willing to walk the… Read More ›
Google’s Android OS will be powering media displays in millions of cars worldwide from the beginning of 2021. This would be possible because of a partnership of the US based tech company’s recently struck partnership with the Renault-Nissan-Mitsubishi Alliance which… Read More ›
Responding to the latest increase in duties aimed in a dispute over China’s technology policy by the United States President Donald Trump, China announced increasing of tariff on $60 billion of U.S. products. The Chinese measure was announced soon after… Read More ›
An incentive package that can be as high as £50m was signed off by the major shareholders of the fast growing UK based fashion retailing company Boohoo for its new chief executive in case the company is able to reach… Read More ›
Jack Ma’s remarks on the escalating trade war between the U.S. and China, were made at an investor conference. On Tuesday, during an investor conference, Jack Ma, Alibaba’s co-founder and chairman said, he expects trade frictions between China and the… Read More ›
In a strategic move aimed at positioning itself in a stronger position during negotiations, U.S. President Donald Trump has imposed a 10% tariff on Chinese exports to the U.S. for goods worth $200 billion. The tariff is applicable to the… Read More ›
The development assumes strategic importance since the development is part of a package aimed at diversifying Saudi Arabia’s oil-export driven economy. In a development that marks the first commercial borrowing by Saudi Arabia’s top sovereign wealth fund, the Kingdom’s Public… Read More ›
In its assessment, the International Monetary Fund stated a myriad unresolved issues still need to be ironed out before Brexit’s March 29 deadline. A no-Brexit deal will significantly impact the country’s economy. On Monday, the International Monetary Fund disclosed, Britain… Read More ›
The suggestion by Lou Jiwei, a former finance minister, would feed the most hawkish sentiments in the Trump Administration and would attract a sharp retaliation from the U.S. With U.S. President Donald Trump expecting to announce new tariffs on U.S…. Read More ›
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