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 ›
Economy & Finance
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 ›
UBS Says At Risk Of Being A Bubble Are Toronto, London And These Other Major Housing Markets
In some cities around the world, the rise of home prices is astonishing even as such price rise is being witnessed in most major cities around the world. The home prices are at a far greater risk of correction when… Read More ›
Amazon looking to expand its footprint in France
Amazon is on the prowl in France. The online retailer aims at entering the country either theough the acquisition route or buying a stake in a French supermarket. French Newspaper Le Monde has reported citing sources familiar with the matter… Read More ›
U.S. investors prefer growth over quality
Although the share prices of companies with high sales volumes have significantly outperformed quality stocks thanks to the loose monetary policies by the Fed, the market dynamics however is likely to reverse with the Fed deciding to gradually taper down… Read More ›
Saudi Arabia’s Capital Market Authority lowers entry barriers for investors as part of its strategic Vision 2030 plan
With its Vision 2030 plan, Saudi Arabia is inviting domestic and foreign investors to invest in its economy as it tries to diversify and wean itself away from an oil-based economy. As per a presentation made by senior officials at… Read More ›
Munich prosecutors arrest the former head of R&D at Porsche marking the first arrest in Germany following VW’s diesel emission scandal
While Wolfgang Hatz’s personal premises were searched by prosecutors in Germany, corporate locations were not part of the raid. As per a source familiar with the matter at hand, prosecutors from Munich have arrested a former member of Porsche board… Read More ›
Amazon.com’s Whole Foods Market reports credit card information of consumers stolen its taprooms and restaurants
Since Whole Foods uses a different point-of-sales system at some of its stores, the data kep in those systems weren’t accessed by hackers. Hackers haven’t been able to touch any of Amazon.com’s data in its computer systems. In a significant… Read More ›
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