Concerns that a diplomatic standoff may be hurting sales in the top market of South Korea’s Hyundai Motor, the automaker announced on Monday that it had suspended production at one of its Chinese factories for a week. Because of Beijing’s… Read More ›
The British manufacturing industry along with its financial and banking sector is likely to bear the brunt of a hard Brexit strategy. Today, British manufacturers have told Prime Minister Theresa May, it would be prudent to drop the threat of… Read More ›
Even while committing to stay in Britain after Brexitt, the size of its products could be shrunk or the prices could be raised after Brexit, Cadbury has said. the country would still be the “home of chocolate manufacturing” and the… Read More ›
As the automation of routine tasks gathers pace in a new machine age, more than 10 million UK workers are at high risk of being replaced by robots within 15 years, suggests a new report. Due to breakthroughs in artificial… Read More ›
Amidst the risks that are faced by many European banks and indeed the entire sector faces, banks need to boost their profitability and business models, waned the European Central Bank on Thursday. In its annual report on supervisory activities, the… Read More ›
Emerging economies are seen as having a better economy and ability to pay, thus the migration in funds. Thanks to the rise of short term interest rates in the U.S, bond fund managers are increasingly migrating towards debt markets in… Read More ›
With the judgement of the case being delivered less than a week before the end of the coming financial year, its tax profiles could be significantly affected. In a significant win for Amazon.com Inc, the world’s biggest online retailer has… Read More ›
After the November 8 U.S. elections, the U.S. stock market witnessed a bull run pumped up by Trump’s pro infrastructure promises. But with the Republicans not managing to repeal the Affordable Healthcare Act despite their majority, the shares of infrastructure… Read More ›
It is probably not a coincidence that terrorists tried to attack the British parliament. In a development that is likely to have wide ranging ramifications for Britain, Islamist-inspired attackers stabbed a policeman and plowed a car into pedestrians close to… Read More ›
Goldman Sachs analysts say that an oversupply situation would be created and a big problem faced for efforts by major oil producing nations to support prices by an increase in new production projects and a shale boom. Record production capability… Read More ›
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