The longest non-stop commercial flight between Singapore and New York would be started by Singapore Airlines from October 11, 2018. The approximate duration of the flight would be 18 hours and 45 minutes. The new Airbus A350-900ULR (ultra-long-range) aircraft would… Read More ›
Economy & Finance
EU Says US Playing A “Dangerous Game” By Imposing Tariffs
According to the European Union’s trade commissioner Cecilia Malmstrom, the slapping of tariffs on European steel and aluminum is a “dangerous game” that the US is playing. The economic recovery of the EU would be negatively impacted by the move… Read More ›
Sugar Substitutes Market To Touch $19.1 Billion By 2024: Grand View Research
A new report by Grand View Research, Inc estimates that the global sugar substitutes market size would reach a total value of $19.1 billion by 2024 at a rate of growth of 4.2% CAGR. The drivers for the estimated growth during the… Read More ›
U.S. steel tariff to have little impact: Salzgitter
Salzgitter is the second largest steel producer in the EU. On Friday, Germany’s second-largest steelmaker, Salzgitter said, it expects U.S. steel tariffs to have limited impacts on its business. “Our direct exposure is small,” said Salzgitter’s spokesman while declining to… Read More ›
U.S. trade action risks alienating key allies
Although Trump’s ‘America First’ policy looks good on paper, the way it is being implemented could see more than 2 million jobs being lost n the very states that voted for Trump and his candidates. Following the imposition of stiff… Read More ›
Japan calls on joint efforts with U.S.to block Chinese market-distorting investment practices
The requests came on the sidelines of the G7 finance ministers meeting in Canada. As per a senior official from Japan’s ministry of finance, Tokyo has called on the United States to join its efforts in stopping Beijing from making… Read More ›
Challenges To Modi’s Divestment Drive Exposed As Air India Sale Finds No Bidders
The challenges that are faced by India in setting right the government funded and debt-ridden airline Air India through sell off became evident after the government did not manage to find a single buyer by the end of the deadline… Read More ›
U.S. regulators propose rewriting and simplification of financial rules
The proposal aims to simplify and ease some of the overreaching aspects of the rule which places undue and excessive burden on financial compliance. With the Federal Reserve, along with other U.S. regulators, proposing to rewriting the “Volcker Rule” that… Read More ›
Why Global Investors Are Worried About The Italy Political Crisis
Global investors are apparently freaked out by the political crisis in Italy. There were demands by investors for higher returns against them taking on Italian government debt even as there was a downslide in the global markets on Tuesday. There… Read More ›
AirAsia’s Expansion Plans In India Hit By Probe Against Its Boss
Allegations of possible bribery to change local airline policy in India are being investigated by security agencies in India against Tony Fernandes, the chief of AirAsia Group. According to media reports in India quoting an official from the Central Bureau… Read More ›