Here has been a sharp drop in the number of companies being fined for violation of environment norms in eth U.S. by the Environmental Protection Agency during the first year of Presidency of Donald Trump and this has resulted in… Read More ›
Economy & Finance
Bank of England Warns Of Rate Hike Sooner Than Markets Expect
There are chances that the rates of banking interest in the United Kingdom could get raised earlier than is being expected by the market, warned the governor of the Bank of England (BoE) during his quarterly BoE inflation report speech…. Read More ›
Didi Teams Up With Softbank To Enter Japanese Taxi Industry
The Japanese taxi industry is going to be the new foreign market for Chinese ride hailing company Didi Chuxing as the company announced that it is planning to get into an agreement with the Japanese investment institution Softbank for setting… Read More ›
South Korea weighs its options after call for help from General Motors Korea
Detroit based carmaker is facing strong headwinds in South Korea. Persistent remours have fueled talks of a pullout. On Friday, South Korea’s finance minister stated the country is weighing several options vis-a-vis General Motors Co’s operations in the country following… Read More ›
Qingdao Haier Co Ltd likely to launch D-shares in Frankfurt
Through the launch of these D-shares at the infant Frankfurt-based China Europe International Exchange (CEINEX), Chinese companies are expanding their foothold in Europe and flanking the U.S., where the Trump Administration, increasingly aware of China’s designs, is taking steps to… Read More ›
International Markets To See More Client Assets Invested In 2018 By Financial Advisors, Despite Geopolitical Uncertainty
Among the concerns that are at the top of the mind of financial advisors when investing overseas is geopolitical uncertainty. However, that concern is not enough to dissuade them from continuing to invest in international assets in 2018. This was… Read More ›
BlackRock to raise $10 billion for equity investments: source
The move will place it in direct competition with Berkshire Hathaway Inc and Blackstone Group. As per a source familiar with the matter at hand, BlackRock Inc, the world’s largest asset manager, plans on raising around $10 billion as part… Read More ›
Republican Senators introduces bill blocking U.S. government from using telecome equipment from Huawei Technologies and ZTE Corp
This development aims to provide a systemic protection to U.S. infrastructure and businesses that may have been so far vulnerable to sniffing by adversaries. Pregnant with geo-economic and geo-political implications the move underscores a growing awareness within the U.S. establishment… Read More ›
Biggest Ever Fall For Global Smartphone Market As It Sides By 9 Percent
The biggest fall in shipment in the history of smartphones was recorded last quarter with a fall of 9 per cent in the global smartphone market. Sale of iPhones from Apple fell 1 per cent because users preferred to cling… Read More ›
Microsoft Closes Gap With Amazon In Cloud Business, Its Division Continues To Grow
Cloud computing is turning out to be the most important business for Microsoft as the company reported encouraging growth in this segment last week. Microsoft has altered its focus to cloud computing as it transits into the post-PC era and… Read More ›
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