An academic paper presented to some of the world’s top central bankers claimed that inflation may be getting affected by more frequent changes in pricing for goods and a rising tendency of pricing consistency because of the growth of online… Read More ›
Economy & Finance
German business moral all time high in August
The July 2018, meeting between European Commission President Jean-Claude Juncker with U.S. President Donald Trump has done a lot of good, with both sides deciding to negotiate a further cutback to their respective trade tariffs. In August, for the very… Read More ›
Political Motivation Behind Huawei Not Being Allowed In Australia To Toll Out 5G: Huawei
The Australian government was criticized by Chinese smartphone maker Huawei alleging that it was being prevented from selling 5G products in Australia. National security was cited as the reasons for banning Shenzhen-based Huawei and its Chinese rival ZTE from tolling… Read More ›
Russia’s Answer To Tesla Is Kalashnikov’s CV-1 Electric Car
A Russian electric car made by manufacturing company Kalashnikov will give competition to Elon Musk’s Tesla Inc, claimed the manufacturer. A prototype of the new electric car – which eggshell-blue, was presented by the company which is behind the making… Read More ›
How The British Pound Could Be Hit A Second Time By Brexit
The British pound can be hit once against for a second time because of Brexit. According to analysts, if the United Kingdom has to leave the European Union next year without a proper Brexit deal, there can be severe pressure… Read More ›
Apple’s Budget iPhone Will Be A Boon For This Taiwan Company
Price is perhaps that biggest drawback of Apple’s iPhone X. Now a budget version that looks like the same phone is being prepared by the Silicon Valley giant. However, the cheaper version would not have the some of the notable… Read More ›
Warning Of Higher Costs In Case Of Hard Brexit Issued By UK Government
According to notices published Thursday by the United Kingdom government, some of the consequences that would have to be faced by the country in case of a failed Brexit include higher charges on international credit card payments, additional taxes on… Read More ›
Norway’s Commission differs from Central Bank’s advice on oil and gas strategy
The decision assumes significance on the account of the wealth fund being the world’s largest sovereign wealth fund and in a scenario with sustained low oil prices, it will result in a reduction in the government’s net cash flow from… Read More ›
Saudi Arabia’s PIF raises $11 billion in loans from banks
The development assumes significance because it essentially diversifies PIF’s sources of funds and it provides it with much needed financial muscles in its efforts to bring about Saudi Arabia’s Vision 2030 plan, which aims to diversify the Kingdom’s markets and… Read More ›
Why Taipei Was Chosen By Amazon For Its Latest Innovation Center
Amazon has opened one innovation center in Busan in South Korea in 2016 and two regional ones in China. On August 10, the US retailing giant announced to open the latest one on eth suburbs of Taipei. The innovation centers… Read More ›