Due to fears that the card data may have been stolen in one of India’s largest-ever cyber security incidents, a slew of banks in the country are replacing or asking their customers to change security codes of as many as… Read More ›
Economy & Finance
Brexit impact weighs heavily on Nissan
Nissan’s plant in northern Britain’s is the country’s largest. If it loses EU’s single market, it is likely to lose its competitive edge. As per Nissan Motor’s CEO, in November, the company will take the strategic decision as to whether… Read More ›
JD.com and Its Drones Called in by Wal-Mart as Part of its China Revival Strategy
Wal-Mart Stores Inc. aims to deliver goods from its stores around the world to Chinese consumers within hours as the world’s largest retailer is making an ambitious push into e-commerce in China. As a part of a pilot project by… Read More ›
Europe’s Tech Start-ups Getting More Venture Capital from the US
As increasing number of U.S. investors are finding Europe’s growing firms an attractive place to put money even as venture capital (VC) investment into the region’s tech start-ups slumped sharply in the third-quarter due to uncertainty around Brexit. According to data… Read More ›
Germany’s transport and pharma industries to bear the brunt of Brexit – Survey
Smaller European countries such as Switzerland, Netherlands and Belgium are likely to take a bigger hit since their industry and commerce isn’t as diversified as Germany’s. As per the results of a study in Germany, the country’s transport and pharmaceutical… Read More ›
New draft law aims to plug tax loop holes frequently used by MNCs in EU
Companies who have re-domiciled better perk up and pay attention. If the European Commission has its way, they will have to bite their tax bullet. The European Union is preparing a new law under which large companies in every country… Read More ›
Chinese foreign currency regulator busts underground bank transactions worth $148 billion
With the yuan trading at a 6 year low against the greenback and with the Chinese economy still loitering in the doldrums, regulators are especially eager to clamp down hard on the rabid underground economy. Financial News has reported, citing… Read More ›
Record $17.5 Billion of Sovereign Bonds to be Sold by Saudi Arabia
As Saudi Arabia seeks to shore up finances battered by the slide in oil, the kingdom plans to raise $17.5 billion in the biggest ever bond sale from an emerging-market nation, people with knowledge of the offering were quoted in… Read More ›
Saudi Break-Even Oil Price Drop Less Than Forecast: IMF
According to the International Monetary Fund, the average oil price will fall this year by only half as much as forecast six months ago. The Fund said this in respect to Saudi Arabia which needs to balance its budget by the… Read More ›
With Law Degrees Increasing the Most Singapore University Costs Rise 38% since 2007
The yearly out-of-pocket cost of tuition for Singapore citizens after they received government subsidies was researched by ValuePenguin in a city that has five major universities – National University of Singapore (NUS), Nanyang Technological University (NTU), Singapore Management University (SMU),… Read More ›
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