If media reports are to be believed, plans for the development of a new discount grocery chain for countering the low prices grocers Aldi and Lidl is being secretly prepared by Tesco – the largest supermarket group in the United… Read More ›
Economy & Finance
The World’s Biggest Human Migration In China Is Being Transformed By Bullet Trains
The Lunar New year Holiday means cramped trains for millions of Chinese trying to get back home. But that situation is being changed by the advent of high speed railways in the country. China has embarked on a plan to… Read More ›
Australia’s Royal Commission begins inquiry alleged wrong-doings in the country’s financial sector
Allegations of widespread wrong-doings have plagued Australia’s finance sector since many years, adding pressure on the industry to undergo a thorough root-and branch reform. On Monday, the head of the government-backed inquiry which is delving into Australia’s finance sector to… Read More ›
2018 To See Retail Industry Growth Between 3.8 And 4.4 Percent According To Forecast Of NRF
There is an anticipated growth of anywhere between 3.8 and 4.4 percent in 2018 compared to 2017 in retail industry sales in the U.S., according to an economic forecast by the National Retail Federation. There is an anticipated increase of… Read More ›
Tesco CEO Elon Musk Earned Less Than The Average American Household Last Year
Despite being among the richest people in the world and he is also amongst the lowest paid of the global CEOs – and the difference in payments is also very substantial. Tesla has announced that the salary paid to Musk… Read More ›
British Biotech And Life Sciences Firms To Get US$1.3b In Chinese Investment Following May’s China Visit
Two venture capital firms in Britain got investment commitments worth 8 billion yuan (US$1.3 billion) from investors in mainland China in the week following the visit of British Prime Minister Teresa May. This is reflective of the enhanced interest of… Read More ›
EPA Penalties Against Polluting U.S. Businesses Reach Lowest Point In A Decade
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 ›
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 ›
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