In the months following the failure of the planned initial public offering (IPO) of WeWork, there has been a steep drop in the investment in venture capital deals by sovereign wealth funds which pushed it to touch its lowest in… Read More ›
Geopolitics
Oil Prices Tumble After Russia-OPEC Talks Break Down
A disagreement between OPEC and Russia over further and deeper coil production cuts resulted in the two parting ways after three years of working together to reduce oil production so that global oil prices could be shored up. The latest… Read More ›
China weaponising visas: Foreign Correspondents Club of China
In a report, the Foreign Correspondents Club of China stated, the Chinese government has “weaponised” the issuance of visas as part of a stepped-up campaign to apply pressure on foreign journalists operating in the country. In February, China revoked the… Read More ›
Equivalence for financial services not part of Brexit negotiations: EU
In a statement, the European Commission stated, Brexit negotiations with Britain will not include British financial firms gaining access to the EU market. The clarification comes in the wake of Britain stating it wants a “legally binding” framework to access… Read More ›
Trump-Modi agree to promptly conclude U.S.-India trade deal: White House
In a statement, the White House said, U.S. President Donald Trump and his counterpart Indian Prime Minister Narendra Modi have agreed to “promptly” conclude ongoing trade talks which they hope can lead to the first phase of a bilateral U.S.-India… Read More ›
Britain To Host Chinese Firm ‘Implicated’ In Human Rights Abuses Of Uighur Minority In China
A Chinese Chinese surveillance company that was “implicated” by the United States and subsequently blacklisted by it for its gross violation of human rights violations in China’s efforts to deal with the Uighur Muslim minority uprising will be promoted by… Read More ›
USTR Issues Phone Number For US Companies Over To Complain China’s Trade Practices
A dispute resolution office and complaint hotline has been established by the United States S. Trade Representative’s office which will be responsible to ensure that the so called Phase 1 trade agreement between the US and China is enforced, the… Read More ›
Stagnating European Economy Is A Candidate For Coronavirus Shock From China
Amidst resurging fears of a European recession after the last quarter of 2019 turned out a no growth year for Germany and as the deadly coronavirus threatens to drastically reduce exports to China. There was no growth in the German… Read More ›
Airbus Loss Of €1.4bn Primarily Because Of A Record Bribery Fine
Despite an annual loss of €1.4bn for 2019 partly because of the record fines for bribery, the , European aircraft maker Airbus raised its dividend for shareholders as it also reported deliveries of aircraft to be at an all time… Read More ›
Amid The Virus Threat, Japan’s Nissan Reports 83% Drop In Profits
Troubles that started soon after the arrest and ouster of its former Chairman Carlos Ghosn is persisting for the Japanese car maker Nissan. Its profits are on a downward slide and the company now braces for more hits because of… Read More ›
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