While Trump has set a sour mood for the meeting set for later today, by going into a trade war with the European Union, Washington would be opening a second front – a strategic mistake. In his signature move, U.S…. Read More ›
Economy & Finance
Us$73.6 Billion Cash Injection By Beijing To Boost Economy
While the trade tensions with the United States appear to be escalating and scandal rocks the pharma sector, the Chinese government is attempting to lift its economy by the announcement of a series of new measures. Following this, the markets… Read More ›
EU’s Record Fine Of €4.3bn Shrugged Off By Alphabet in Second Quarter Results
The shares of Google’s parent company Alphabet were set on course to achieve an all time high after the company reported very encouraging second-quarter results and surpassed Wall Street expectations. Nearly two thirds of the profit of the company was… Read More ›
Bike Sharing Sector Being Held Back By ‘Poor Strategies’: Expert
According to a business school professor, bike sharing business could become less profitable for companies because of a shortage of brand loyalty, poor consumer behaviors and faults in prediction of future regulations. The comments were made in connection to the… Read More ›
A Good Year For UK Manufacturing Can Be Hampered By Brexit Worries And Trade War
A devalued sterling and a buoyant global economy had driven strong growth in British manufacturing – exhibiting a good performance in the last 12 months. But the danger pints for the coming year are uncertainties over Brexit and the U.S…. Read More ›
Global hotel prices and airfares set to rise in 2019
The annual forecast by the Global Business Travel Association (GBTA) and those from Carlson Wagonlit Travel (CWT) state cost of hotel stay and travel is likely to shoot up in 2019. According to an industry forecast, rising oil prices and… Read More ›
U.S. economic growth could result in faster interest rates hike
Part of the reason why global markets are jittery is due to the chatter of U.S. economic data, for the second quarter, that is streaming in, which could easily cross current analysts’ forecasts of 4.1%. A higher growth rate is… Read More ›
Japan Needs To Be Cautious Of The ‘Strong Dollar’ Complaint Of Trump: Finance Ministry Official
There is need for Japan to be cautious in relation to the recent remarks made by United States President Donald Trump about currencies and there could be requirement for Tokyo to convince Washington that the aim of monetary easing in… Read More ›
Trade Tariffs Impacting Global Economy, G20 Economic Leaders Warned By IMF
Global growth could be significantly impacted by the recent spate of trade tariffs, warned the International Monetary Fund (IMF) targeted at the world economic leaders. The warning comes barely after a few days of United States President Donald Trump issuing… Read More ›
China’s Ministry of Commerce opens anti-dumping probe against Stainless Steel imports from EU, South Korea, Japan and Indonesia
China’s import of hot-rolled stainless steel sheet and stainless steel billets jumped by 200% in 2017. On Monday, China’s Ministry of Commerce disclosed, it has begun an anti-dumping investigation into the import of hot-rolled stainless steel sheet and stainless steel… Read More ›
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