The economic slowdown of the Chinese economy seems to be getting worse. And this could result in the country being pushed to quickly agree to the trade agreement with the United States and undertake measures to boost the economy. Industrial… Read More ›
The United Kingdom is set to face the longest period of slump in business investment in 17 years because of the uncertainty surrounding Brexit and the global economic slowdown because of the protracted trade war between the United States and… Read More ›
United States overtook Saudi Arabia and Russia to become the largest oil producer of the world for a brief period for the first time in history earlier this year because of a boom in shale production. According to the International… Read More ›
The Chinese currency yuan could be used globally because of the proposed launch of a digital currency by China, said the CEO of American cryptocurrency financial services firm Circle. Its own digital coin is being planned to be launched by… Read More ›
In the first session after the drone attack on two of the largest oil refining facility in Saudi Arabia which resulted in a loss of production capacity of oil by more than half, there was a sharp drop in Saudi… Read More ›
For any auto manufacturing company, the United States’ pickup truck market is a very lucrative one. This auto segment accounted for about 33 per cent of the total sale of Ford, GM, and Fiat Chrysler in the second quarter alone…. Read More ›
In case of major disruption to business because of a no deal Brexit, unpaid leave for two weeks or more would be forced on its workers at its Mini plant in Oxford in the United Kingdom, said BMW. The company’s… Read More ›
Just days before a planned face to face meeting between the trade representatives of the United States and China, Beijing announced its decision to exempt 16 types of US products imported into the country from tariffs. The Chinese Ministry of… Read More ›
A “shallow recession” is likely to hit the United States, opined Eric Fishwick, chief economist at Hong Kong-based investment bank CLSA. Fishwick also said that a slowing global economy and an escalating trade dispute between the US and China is… Read More ›
The recent effort of Cuba to formulate and implement a modernization of its economy would be willingly supported by the European Union (EU), said High Representative for Foreign Affairs and Security Policy of t EU, Federica Mogherini, on Monday. “We… Read More ›
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