Samsung Electronics is likely to surpass that of Apple’s for the same quarter for the first time ever, as the company is set to record its highest ever quarterly operating profit, analysts said. The South Korean electronic giant will highlight what it… Read More ›
Economy & Finance
Tesla Given A Shock By Volvo’s Electric Shift
Tesla has been given a sudden shock by Volvo. The Sweden-based carmaker has said on Wednesday that it will shift to a variety of hybrid and all-electric models and it will stop producing new gasoline-only engines from 2019. But simply… Read More ›
Britain sets Brexit terms – wants frictionless trade
Does this amount to wanting to have the cake and eat it too? EU’s chief Brexit negotiator had earlier made it amply clear, once Britain leaves the bloc, frictionless trade is not possible. In the wake of the shock outcome… Read More ›
EU concludes FTA with Japan – subject to terms of final negotiations
The political agreement, hammered out on the eve of the G20 meet, is dripping with symbolism. On Thursday, in a significant development, the European Union and Japan agreed to a free trade agreement in contrast to U.S. President Donald… Read More ›
The Australian Government continues its love affair with the fossil fuel industry
Valued at $56 billion, the Great Barrier Reef, taken off UNESCO’s danger list with the Australian government continuing its love affair with the fossil fuel industry. UNESCO, the United Nations’ cultural body has voted to leave the Great Barrier Reef… Read More ›
Economist Says Politicians Want To Hide The Threat Posed By German Banks
Saying shipping loans and too many bank branches are some of the very real problems they are currently facing, analysts have highlighted that Germany’s lenders are still not out of the woods, even with the Italian banking system in the… Read More ›
Divide With Trump Widen By European Companies Flocking Into Tehran
With respect to the aspect of preserving its new-found place in the global economy, Iran made progress this week. In what is the first to be finalized since U.S. President Donald Trump took office, threatening to abandon the 2015 deal… Read More ›
Anti-Fraud Fintech Firm’s CEO Says That Cyberattacks Rely On The Consumer And That’s A Problem
Fooled into entering his password for his private Gmail account was John Podesta, the former chairman of Democratic candidate Hillary Clinton’s presidential campaign, in March 2016. And locking down files of major corporations and demanding they pay a ransom to… Read More ›
What Iran Can Hope to Gain From Total’s $4.8 Billion Investment
In order to develop its giant South Pars gas field, the largest natural gas field in the world, Iran has signed a $4.8 billion deal with a consortium led by French oil company Total. The deal marks a major milestone for… Read More ›
EU’s draft document indicates EU’s negotiations stance
The insightful draft document strategically reveals EU’s stance in order to place negotiation goal posts so as to groom, prepare and speed up upcoming negotiations. As per a draft paper based on which Brexit negotiations will begin, the EU will… Read More ›