According to a warning from the EU’s Competition Commissioner Margrethe Vestager, technology’s potential has been “darkened” by data abuse. The tech giants were criticised for misusing data and not being able to protect the respect of citizens, said Vestager in… Read More ›
Entrepreneurship
Crude oil prices likely to be more stable in 2019: Russian Energy Minister Alexander Novak
Russian Energy Minister Alexander Novak’s comments come in the wake of crude oil prices falling by more than a third this quarter. With the price of crude falling by more than a third this quarter, Russia’s Energy Minister Alexander Novak… Read More ›
Economic pace of emerging nations slowing down due to downbeat in global economy
Emerging economies are expected to take longer to outpace the growth of developed economies, as per a forecast by Centre for Economics and Business Research. According to a report from the Centre for Economics and Business Research, the economic… Read More ›
Nissan’s former director Greg Kelly examined at Japanese hospital
Although Nissan’s board fired Ghosn as its chairman as well as Kelly as its representative director; technically both are still board members and can be only removed by shareholders. On Wednesday, Nissan’s former director Greg Kelly was examined at a… Read More ›
Bank of Japan’s Governor warns of increasing global risks to global economy
Haruhiko Kuroda, the Governor of the Bank of Japan, has attributed the fluctuations in stock markets to changing perception of various risks to the global economy. On Wednesday, Haruhiko Kuroda, the Governor of the Bank of Japan warned of increasing… Read More ›
GAZ implementing internal measures to for lifting U.S. sanctions
Russian Finance Minister Anton Siluanov has shed some light on ongoing talks between GAZ and the U.S. Treasury Department. On Tuesday, Russian Finance Minister Anton Siluanov disclosed, talks between the Russian government with its U.S. counterpart are underway in order… Read More ›
Tokyo District Court grants bail to Nissan’s Greg Kelly
With the Tokyo District Court setting the bail amount to $635,612, Greg Kelly is likely to spend Christmas night at home. On Tuesday, a Tokyo District Court granted Greg Kelly, the former Representative Director at Nissan Motor Co, bail thus… Read More ›
The chaos in Washington casts its shadow on the economy
Washington’s particular style of functioning appears to be adding to investor concerns and markets across the globe. Partial shutdown of the government, trade wars, open confrontations have added barrels of fuel to the fire. On Tuesday, the greenback fell to… Read More ›
Exxon Mobil halts oil survey survey over confrontation with Venezuela’s navy
Home of the world’s biggest crude oil reserves, production of crude oil in Venezuela, a OPEC member, has reached its lowest levels in 70 years. Guyana’s Foreign Affairs Minister Carl Greenidge stated, the government is “in discussion” with Exxon Mobil… Read More ›
Russia’s auto market likely to slowdown in 2019
Automakers have warned that a rise in VAT rates for automobiles would significantly effect burgeoning car sales. According to the Russian branch of South Korean carmaker Hyundai Motor Co, the auto market in the country is likely to witness a… Read More ›