It seems Visa has become tired of waiting. After years of slow but steady decline of cash payments, and more years of lobbying to get governments to end the circulation of cash to no avail, Visa has decided to change… Read More ›
Economy & Finance
Amid Mounting Losses, Trump Boosts Loans to Scottish Golf Courses
U.S. President Donald Trump has bene forced to pour more cash into the properties to cover the shortfall at his Scottish golf resorts after the property faced mounting losses last year. According to accounts filed in the U.K., while revenue… Read More ›
The Economic Reforms That Trump Has Been Trying To Deliver Is Touted By IF Chief Lagarde
Christine Lagarde, managing director of the International Monetary Fund is of the view that business regulations need to be cut, immigration policies need to be overhauled, investment need to be made in infrastructure programs and tax system needs to be reformed in the United… Read More ›
Posing A ‘Huge’ Tax Challenge For France Are US Tech Firms Like Apple And Amazon
France’s finance minister said on Thursday that major challenges for France is being posed by the way large U.S. firms are taxed in the European Union. An “equalization tax” for tech companies across the EU — a potential new policy… Read More ›
Calm before the storm
As per a senior U.S. official, Trump is said to decertify the Iran nuclear deal in the near future. Emerging from a meeting with U.S. military leaders, U.S. President Donald Trump declared the moment as “the calm before the storm.”… Read More ›
End To Worst Downturn In History Envisioned By Offshore Rig Firms
Led by oil firms’ growing demand for harsh-environment exploration and triggering multi-billion dollar tie-ups among drillers hoping to profit, executives said that demand for offshore rig rental globally is starting to recover from its worst ever downturn. Energy companies are… Read More ›
Allow Withdrawals And Avoid Capping Medical Device Prices: U.S. Pressing India For
The United States wants India to withdraw products from the market if they do not wish to sell at government determined rates as the Washington presses New Delhi not to extend price caps on medical devices, said a U.S. trade… Read More ›
In a strategic shift, U.S. South Korea trade talks gain momentum
As per the U.S. Census Bureau, the trade deficit between the two nations have dropped significantly in June 2017. In a positive development that is likely to pave way for future trade talks, South Korea disclosed it was open to… Read More ›
There is likely to be just 5 Airlines Group in Europe in the next five years: Ryanair CEO
With many European airlines filing for bankruptcy and given the demand for air travel, bigger airlines are set to reap in the benefits. Expect ticket prices to shoot up since fewer air seats will be available. With some of Europe’s… Read More ›
Bombardier-Boeing Trade Dispute Finds Britain’s May Fires Warning To Boeing
The commercial relationship that U.S. planemaker Boeing has with Britain was being undermined by the planemaker’s behaviour in a trade dispute with Canada’s Bombardier, U.K.’s Prime Minister Theresa May has said. After a complaint by Boeing led to the U.S…. Read More ›
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