The chairman of Hong Kong’s flagship airline Cathay Pacific, John Slosar, is set to retire after donning the chair for 39 years. This retirement announcement also assumes importance because of the resignation of two of the top[ executives of the… Read More ›
The services sector of the United Kingdom has been pushed down more than expected because of the Brexit uncertainty and this could lead the country’s economy to be pushed into a recession which would be the first since the global… Read More ›
There were signs that trade talks could restart between the United States and China with the possibility of the next round of face-to-face talks taking place in September which is also the time when the impending fresh round of US… Read More ›
Britain is staring at a cliffhanger Brexit. On Friday, according to a statement from Irish Foreign Minister Simon Coveney, the British government has yet to make credible and concrete proposals on replacing the mechanism known as the Irish backstop in… Read More ›
There is a threat of a slowdown in the global economy as well as warning signals of a downturn that has rattled financial markets because of the trade war between the United States and China. While there is no immediate… Read More ›
The fears of a trickle down recessionary effect with it beginning at the top of the spending tree were stoked after reports emerged that the spending is being cut by the rich on everything from homes to jewelry. According to… Read More ›
The EU has made it amply clear that the ball lies in Brazil’s court. Its behavior will have to change its attitude for the deal to come through by late 2020. On Wednesday, a senior official from the European Union… Read More ›
The strict restrictions on depositors of Greece that were imposed when the debt crisis in the country was at its height four years ago are set to be lifted off. This change in monetary policy being planned to be implemented… Read More ›
The current business at Starbucks does not agree with the currently prevalent sentiments and fears of the recession, said the company CEO Kevin Johnson in a television interview. He said that the investments that the company had made in its… Read More ›
A bilateral trade deal between the United States and Japan is likely to be signed off by Japanese Prime Minister Shinzo Abe and US President Donald Trump in September this year following the leaders agreeing on the broad principles of… Read More ›
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