Official US figures show that in the third quarter, the economy has grown at an annualised rate of 3.5 per cent. Strong consumer and government spending were the primary drivers for this growth, said the US Commerce Department. But growth… Read More ›
In the face of both facing trade challenges from US president Donald Trump, Japan and China touted their rare close ties as they signed $2.6 billion in business deals during the visit of Japanese Prime Minister Shinzo Abe to China…. Read More ›
A call to the Trump administration to agree to a National Zero Emissions Vehicle (NZEV) Program has been given by US auto maker General Motors through après release. While it might appear to be an announcement that could appear surprising… Read More ›
The UK supermarket chain Asda is one the verge of cutting jobs because of the intense price competition in the UK retailing market. The company announced that it would begin a process of consultation with the staff and employees for… Read More ›
The move has the twin objectives of cushioning Britain in case of a cliff-hanger Brexit as well as provide sufficient room for maneuvering to British lawmakers who are yet to hammer out a Brexit deal with the EU. In a… Read More ›
ExxonMobil has been accused of misleading investors about the risks that are associated with its business and climate change. This emerged after a legal action was taken by the state of New York against the oil major. It has been… Read More ›
More than 50 stores of the famous but UK based department store Debenhams are to be shut down across the UK which is likely to also result in a total of 5000 job losses. This number of stores is almost… Read More ›
There is a growing tendency among the most developed countries of Asia to decrease their dependency on China and look to India as an alternative in the wake of the trade war between the United States and China. The trade… Read More ›
Cities across the U.S. as well as countries are suing oil companies for misleading investors for years on the risks posed by climate change on their businesses. The state of New York has sued Exxon Mobil Corp alleging that it… Read More ›
In purely financial terms, the disappearance and killing of journalist Jamal Khashoggi’s at the Saudi Embassy in Turkey could turn out to be a costly affair for Saudi Arabia. On Tuesday, the Wall Street Journal reported citing a conference representative,… Read More ›
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