There is increasing fear among consumers in Scotland that its national soft drink – Irn-Bru would be ruined by a new lower sugar version, resulting in a backlash from consumers. And amidst such an environment, Coca Cola is planning to… Read More ›
Economy & Finance
Tech Companies Are Attempting To Resolve Two ‘Serious’ Bugs On Some Computer Chip
Two major bugs in computer chips are being worked to be fixed by tech companies. These two bugs could help hackers to break into computers and decamp with secure data. Chips that are manufactured by AMD and ARM contains “Spectre”-… Read More ›
Pakistan Replaces Dollar With Chinese Yuan As Mode Of Trade And Investment With China, 24 Hours After Trump Twitter Tirade
Pakistan appears to be befriending China – the second largest economy in the world, to a greater extent within just 24 hours of the U.S. President Donald Trump criticized Pakistan on Twitter. It was just one day ago that Pakistan… Read More ›
Britain eyeing TPP once it leaves the EU in March 31, 2019
EU rules state that Britain cannot join any trade deal before it leaves the bloc. The Financial Times has reported that Britain is interested in joining the Trans-Pacific Partnership trade bloc once it formally leaves the European Union. Britain has… Read More ›
Britain’s Brexit minister pitches for inclusion of financial services into free trade deal with the EU
Michel Barnier, EU’s Chief Brexit negotiator, had ruled out knowledge of an unfettered access to financial services in any trade deal with Britain. On Tuesday, Britain’s Brexit Minister David Davis stated that its financial services sector wants to be part… Read More ›
Crude oil posts strongest ever opening of the year since 2014
Despite receiving support for its bullish upward drive, rising U.S. oil production is likely to be a drag for oil’d 2018 outlook. On Tuesday, oil prices posted their strongest ever opening since 2014, with the anti-government uprising in Iran along… Read More ›
U.S. Congress approves 2.3% tax on U.S. medical devices
As per lobby groups from medical device makers, the re-imposition of the levy stiffles will once again stifle growth in the sector and slash jobs. Despite opposition from the medical manufacturing industry and a section of U.S. lawmakers, the U.S…. Read More ›
Nippon Life Insurance – looking to diversify its revenue streams
Nippon Life Insurance’s move is in line with the insurance industry’s efforts to divert funds into foreign corporate bonds and alternative investments, however the rise of interest rates in the U.S. is likely to pose a challenge to its strategy… Read More ›
Siemens to crystalise the value of its healthcare business in first half of 2018
This will be Germany’s largest IPO since Deutsche Telekom’s in 1996. Ahead of Healthineers’ IPO scheduled for the first half of 2018, Siemen’s healthcare business, the German giant will test the appetite of sovereign wealth funds to secure anchor investments… Read More ›
Low Inflation In Germany A Headache For ECB As It Embarks On Reducing Its Fiscal Stimulus Program
As the European Central Bank attempts to gradually eliminate the stimulus programme, it is estimated that the bank would face some challenge next year indicated by the slow inflation rate in Germany. Germany’s Federal Statistics Office said yesterday that 1.6… Read More ›