November was the seventh consecutive month when there was growth in the UK manufacturing output and the speed of growth is the fastest rate since early 2008. There was a growth of 3.9 percent in manufacturing output for November compared… Read More ›
Economy & Finance
Italy and Iran set to sign investment accord on Thursday
Clamped down by U.S. led economic sanctions, Iran remains an untapped and politically volatile market. Iran and Italy are set to sign a framework for credit agreement worth 5.0 billion euros on Thursday which will facilitate investments by Italian companies… Read More ›
China to place an order for 184 A320 narrow-body jets from Airbus: French President Emmanuel Macron
Although a formal deal is yet to be signed, Chinese President Xi Jinping has confirmed the placement of the order. On Wednesday, French President Emmanuel Macron disclosed that the purchase of 184 A320 narrow-body jets from Airbus by China is… Read More ›
CTA Says Record Revenue Of $351 Billion To Be Reached In 2018 By U.S. Tech Industry
A new research from the Consumer Technology Association (CTA) estimates that in 2018, a 3.9 per cent rise in the U.S. consumer technology industry would be marked with record-breaking retail revenues of $351 billion and $266 billion in wholesale. The… Read More ›
Altice NV to spinoff US business, simplify operations
Analysts view the move as largely benefiting the conglomerate since it essentially assigns economic values to two distinct business verticals, de-linking its European operations with that of its U.S. business and at the same time boost liquidity. In a strategic… Read More ›
Ahead Of Next Month’s Federal Budget, Economic Growth Rate Prospects Lowered By India
The current year’s economic growth rate was reduced by the Indian government last weekend just before the national federal budget is to be prepared and presented by the present government next month. In recent time, businesses in the country had… Read More ›
IHS Markit Says 10 Percent Growth In Global Dividends Payouts In 2018
A new report from business information provider HIS Markit claims that in 2018, there would be a 10 per cent increase in the amount of dividend that is to be declared. The report predicts that the total dividends would reach an… Read More ›
Chances of a coalition government led by Angela Merkel increases in Germany
While Merkel’s conservative party has come to an understanding with the SPD on tax related matters. The lack of a government in Germany, despite an election in September 2017, has weighed on Europe’s largest economy. On Monday, a source disclosed… Read More ›
China’s Belt and Road initiative cannot be a one way road
Despite Beijing’s sweet coated words on its strategic Belt and Road project which will transport precious fuel and resources to its hungry industries, the project, key to Xi’s legacy, is viewed with suspicion by many countries across the globe, including… Read More ›
With Eye On The Gap In Crude Price And Stocks, Opportunities In Big Oil Sensed By Investors in 2018
Oil company share prices would find a strong footing in 2018 but up to a point, feels confident investors. There had been an unusual performance gap between the shares in top energy companies and the recovering prices of crude in… Read More ›