The number of Americans who stepped out or stepped onto their mobile devices for shopping this holiday season – from Thanksgiving Day to Cyber Monday, topped the estimates by the National Retail Federation (NRF) and Prosper Insights and Analytics. Data… Read More ›
Economy & Finance
Rare Aggressive Tactic Used By The US To Launch Anti-Dumping Cases Against Chinese Aluminum Producers
For the first time in 20 years, anti-dumping duty and countervailing duty cases against China have been self-initiated by the U.S. Commerce department which has used its discretionary powers to do so. Imports worth $600 million of common alloy aluminum… Read More ›
Nestle deepens its investments in Cuba, lays foundation for $55 million coffee and biscuit factory
Being Nestle third joint venture, this new factory has the potential to double Nestle current turnover of $135 million in the near term. In a significant development, Nestle laid the foundation stone for a $55 million coffee and biscuits factory… Read More ›
Airbus, Rolls-Royce And Siemens Team Up For Development Of Tesla-Style Electric Passenger Planes
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 ›
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 ›