After hybrid-electric motor-powered trucks by Tesla has caught the fancy of the alternative auto seekers, now that feat is being attempted to be replicated in the air. Attempts of creating a passenger plane that would be powered by a hybrid-electric… Read More ›
Economy & Finance
UK Needs To Safeguard Its Gas Interests Related To Norway In Brexit Talks To Ensure Continuous Gas Supplies
Norway wants to be included in the Brexit process but says that the U.K. and the EU needs to decide how to include it in the process. The Norway wants that its access to the U.K market should not be… Read More ›
Investors increasingly gravitating towards crypto-currencies
Although the issuance of initial coin offerings (ICO) have under regulatory scrutiny in the U.S, investors are expertly straddling borders with ease and are flocking to offshore destinations to raise millions in a matter of minutes. Interestingly, investors who are… Read More ›
South African Rating Cut To ‘Junk’ By S&P, Economists Focus On ANC Congress For Revival
The South African economy is under severe pressure after its long-term sovereign debt rating was cut to ‘junk’ by Standard & Poor’s, the second international ratings agency to do so. Pressure has been further increased on news about the third… Read More ›
UK Real Estate Industry Finds A New Interest Point With The Rise Of Amazon And Other Online Giants
A new spot in the real estate market of the U.K. is attracting the investment intent of money managers – and they are flocking there. There is rising appetite for industrials and logistics spaces even as the attractiveness of the… Read More ›
Britain wants to see sustainable tech companies grow
The Nobel Sustainable Trust along with Sustainable Technology Investors Ltd (STIL) have created a venture fund aiming to tap this new source of funding, which, in turn, is aimed at fighting the effects of climate change. Whoever said green technology… Read More ›
Japanese Prime Minister Shinzo Abe to beef up economy after election win
The Japanese government is set to pump in more funds into its economy. Its best to read this report in the context of Trump’s America first policy and U.S.-Japan trade. As per sources within the Japanese government, in the wake… Read More ›
Japan’s No.3 property and casualty insurer, Sompo, sets up base in Israel
Sompo is looking to invest in Israeli startups which specialise in cyber security, life sciences and agriculture. Sompo Holdings Inc, one of Japan’s top three property and casualty insurers, has become the first Japanese insurer to set up a fintech… Read More ›
Study By ECB Finds Cash Is Still The King In The Euro Zone, Despite Rise In Digital Currencies
Currency notes and coins are still ruling the roost and reign supreme in business transactions in Europe, despite the fact that there is a huge buzz around digital currencies like bitcoin these days. According to the conclusions of a European… Read More ›
U.K.’S IFS Says More Austerity And No Earnings Growth For Two Decades Would Have To Be Faced By U.K.
Philip Hammond’s budget announced that British workers should anticipate many years of austerity and an extraordinary loss of earnings growth for two decades due to a marked slowdown in the economy, according to warnings by Britain’s leading financial thinktank. The Institute… Read More ›