A report that was released earlier in the week noted that the slow pace of economic recovery in Brazil had dragged down its business confidence index (BCI) for the month of May to its lowest point since November 2017. The… Read More ›
Economy & Finance
The lifecycle of a banknote
Best designers and engineers control the process of their manufacturing. They combine the symbolism of ancient cultures and space-like innovations. And at the same time, we encounter them every day. We exchange them, rumple them… These are banknotes, and it… Read More ›
Italian fiasco in Europe impacts shares of banks in the United States
Italy’s failure to form a government is taking a toll on the Eurozone’s economy. Investors nervous at the uncertainty have rushed to invest in U.S. treasury debt instruments, which in turn have sent the USD to its 10 month high… Read More ›
Washington to impose export control norms on China: White House
The United States will announce details of the export control mechanism later today and the final tariff list expected to be published by June 15. In a stern warning to China, the United States made it lucidly clear, it will… Read More ›
Plastic Cutlery, Straws And More Is Planned To Be Banned In Europe
With the aim of cleaning up the oceans, a ban on single-use plastic items such as cutlery, straws and cotton buds is being proposed by Europe. 10 items have been identified by the European Commission for banning which accounts for… Read More ›
People Will Not Be Rendered Jobless Because Of Robots: Satya Nadella
According to Microsoft CEO Satya Nadella, people would not be rendered completely jobless by robots even in the situation of a “runaway Artificial Intelligence (AI)” scenario. Nadella said during an interview that people will always desire to have a job… Read More ›
UAE’s non-oil economy expands by 3.1% in 1st quarter of 2018: Central Bank
The country’s efforts at weaning itself off from its oil-driven export economy is gradually bearing fruit. On Tuesday, as per an estimate by the central bank of the United Arab Emirates, non-oil economic activity grew by 3.1% for the same… Read More ›
U.S. wants improve market access for its poultry exports to China
The issue is likely to be among the top priorities of U.S. Under Secretary of Agriculture Ted McKinney, who is scheduled to visit Beijing later this week to hold trade talks with his counterpart. According to three sources briefed on… Read More ›
Study Shows Switzerland Fast Catching Up With US And UK In Crowdfunding, Touches Record High
With a total volume of CHF 374.5 million, the market for crowdfunding in Switzerland touched a record high in 2017, the figure is nearly thrice the volume a year earlier. The latest Crowdfunding Monitoring report issued by the Lucerne University… Read More ›
Saudi Products Banned From Being Sold In Qatar
Retailers in Qatar have been asked not to sell any products that come from Saudi Arabia and all of the other countries that had banned Qatar and broken off their relations with it almost a year ago. Accusing Qatar of… Read More ›
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