Every time a political shock hits markets, it doesn’t pay to expect the worst, recent history suggests. Don’t expect a bloodbath if elections in Europe this year unleash a populist wave like the one that propelled Donald Trump into the… Read More ›
Economy & Finance
Nomura says India Tech Firms to be Hit on Work Visa Access by Trump’s ‘America First’
According to analysts at Nomura, the viability of the offshoring model adopted by Indian software companies could be affected by President Donald Trump’s ‘America First’ goal. Taking a tougher stance on immigration and called for a reassessment of U.S. foreign policy positions,… Read More ›
Canadian tech companies set to gain from Trump’s visa ban
Tech companies in Canada have already registered a 54% growth of skilled U.S. workers immigrating to Canada. In a move designed to capitalize on Trump’s executive order which has temporarily banned travelers from 7 countries, more than two hundred founders… Read More ›
AFP network could reshape Trump’s border tax proposal
Founded by billionaire industrialist, Charles Koch and his brother, the reach advocacy group, Americans for Prosperity, includes the White House. Its former members have landed high-position jobs in the Trump administration. AFP’s current focus is Trump’s border tax which could… Read More ›
As Global Threats Multiply, Israeli Cybersecurity Industry Grows
In a year when the world suffered an $81 million central bank heist, a massive e-mail leak that may have altered U.S. elections and a successful cyberattack on a national power grid, investments in Israel’s cybersecurity industry jumped 9 percent… Read More ›
Some of the World’s Fastest Growth Posted by Rising Tiger Philippines
As Philippines posts some of the fastest growth rates in the world, it is finally catching up with its fellow Asian tiger economies after years spent languishing behind its neighbors. The Philippines is mimicking gains seen in Malaysia and Thailand… Read More ›
Deutsche Bank says a Correction in Euro Stocks Could be Triggered by Fewer Growth Surprises
According to analysts at the German bank, European stocks are at the mercy of a slowdown in positive macro surprises. Citing the close relationship between global stock-market performance and better-than-expected data across major economies since November 2016, analysts at Deutsche Bank AG… Read More ›
Beer, snacks and cars: How a 20% Mexico tariff could cost US shoppers
If a proposal floated by President Trump to impose a 20% tariff on Mexican imports goes into effect, American consumers may have to pay more for products ranging from Toyotas to vegetables to beer. Mexico is currently U.S.’s third largest partner in the… Read More ›
Sales of Switch Luxury Watches Drop 10% Indicating Hard Times
As official crackdown on bribery makes it the worst year for the luxury industry since 2009, Swiss watch federation reports huge drop in exports to China to the tune of 10 % last year. As the Chinese bought far fewer… Read More ›
South Africa-Europe Trade Relations Rocked by Chicken Fight
Now chickens are at the center of a bitter fight between South Africa and Europe in a manner in which Chinese steel and Mexican-made cars became political dynamite last year as politicians including U.S. President Donald Trump championed anti-free trade rhetoric…. Read More ›