There can be a final announcement very soon by Walt Disney Co. about its acquisition bid for a large part of 21st Century Fox Inc., said media reports earlier in the week citing sources who are familiar with the matter… Read More ›
Economy & Finance
Carmakers across the European Union post record sales
European carmakers, including PSA, Renault, VW and others have posted record sales in November. According industry data publishes on Thursday, car sales in Europe have risen by 5.8% with the PSA Group and Toyota posting the strongest sales among the… Read More ›
ADB Predicts A Slower Growth Rate For Chinese Economy In 2018
According to the predictions and calculations of the Asian Development Bank, which released a report on Wednesday, there would be stunted growth in the Chinese economy in 2018 even as the bank expects a faster than expected growth for the… Read More ›
Abu Dhabi IPO Sees Investor Betting On A Better Pay Off On Middle East Oil
Share trading in one unit of an oil giant of Abu Dhabi in the first day of trading showed that the investors betting on the exposure to Middle East oil were right in their positivism. There was a rise in… Read More ›
Delegation from Russia’s defense minitry lands in Pyongyang
Having demonstrated its military prowess by largely wiping out the foes of Syrian President Bashar al-Assad and with the U.S. tasting limited success in its aims to engage North Korea’s leadership, Russia is once again flexing its diplomacy-backed military muscles… Read More ›
U.S. Federal Reserve largely expected to raise interest rates on Wednesday
While the hike of interest rates is on expected grounds, its expected hint on the impact of Trump’s tax overhaul is eagerly awaited by investors. With the widely expected raise of interest rates by the Federal Reserve is likely to… Read More ›
UN Report Predicts 3 Percent Growth Rate For Global Economy For 2018 And 2019
The UN said that the through 2018 and 2019, there would be stability in the world economy, following an inspiring rate of 3 percent in growth in 2017. The predictions were revealed in a UN world economic prospects report. Since… Read More ›
UK Government Spending Watchdog Claim Government Lost Out On Million In Sale Of Green Investment Bank
A spending watchdog in the U.K. claims that tens of millions have been missed out by ministers in the sale of Green Investment Bank (GIB) which took place in August. The valuation of the GIB that was made by the… Read More ›
EU, US, Japan join forces to expose China’s economic designs on global trading practices
The alliance will have to streamline their efforts and work more closely since any unilateral action by any member could undermine their core strategic group effort. As per a source close to the discussions at hand, the European Union, the… Read More ›
Brent crude zooms beyond $65 a barrel
U.S. oil production is rapidly approaching oil production levels of that of Russia and Saudi Arabia. With the shutdown of the Forties North Sea pipeline, a big chunk of the oil supply has been blocked from the market and along… Read More ›
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