The International Monetary Fund has officially declared India to be the world’s sixth largest economy as it displaced France with a narrow margin to gain the coveted position in the global economy. the United States, China, Japan, Germany and United… Read More ›
These are only the results of the preliminary enquiry, a final determination in the countervailing duty is to be announced on August 30 2018. In a significant development that adds to the growing numbers of reasons behind the Trump Administration’s… Read More ›
Through the green initiatives, 9 U.S. Northeast States are reducing their carbon footprint and creating thousands of jobs in the clean energy market. As per the results of a study that was released on Tuesday, thousands of jobs have been… Read More ›
Boring Co is aiming to build underground tunnels for Elon Musk’s Hyperloop Project. Boring Co, Elon Musk’s startup which seeks to build underground tunnels for Musk’s hyperloop transportation project, stated it has raised $112.5 million in equity, 90% of which… Read More ›
The move is aimed at gauging the risks of Deutsche Bank’s abrupt exit from its investment banking business. As per a source, Germany’s biggest lender, Deutsche Bank has been asked by the European Central Bank to calculate the potential costs… Read More ›
The leading economic think tank of the Western world – the Organisation for Economic Cooperation and Development (OECD), is of the opinion that wealth inequality could be reduced by various governments with the use of the tax system with specific… Read More ›
The World Trade Organization said on Thursday that expansion in global trade could be seriously hurt by the increasing tensions between the U.S. and China. It is expected that global trade in 2018 would be lower than what is was… Read More ›
As per state-funded Korea Development Bank, General Motors is cooperating with its due diligence efforts and more documents more are streaming in. On Thursday, South Korea stated it expects to complete its due diligence on General Motors Co’s local subsidiary… Read More ›
Here is a very interesting report by the Institute on Taxation and Economic Policy that is an eye opener on the ways Fortune 500 companies in the U.S. are routinely taking advantage of the U.S. tax code to boost their… Read More ›
While vowing to further open up the Chinese market and its economy, Chinese President Xi Jinping has issued a stern warned against a “Cold War mentality”. In what appears to be an effort to calm down a trade spat with… Read More ›
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