A survey by the Confederation of British Industry has shown that concerns over a no-deal Brexit and rising global trade barriers were the primary factors that slowed down British businesses growth to its lowest rate in almost last six years…. Read More ›
Geopolitics
U.S.-China trade deal possible during summit: WSJ
Trump has made it clear that unless he is satisfied with the terms of the trade deal, he will walk away from it. As per a report from the Wall Street Journal, high level negotiations between U.S. President Donald Trump… Read More ›
UK’s mortgage approvals and consumer spending defy Brexit pressures
In what is typically British, consumers have thrown Brexit-related caution to the wind and have upped their risk appetite. Here’s a snapshot of data coming out of the Bank of England. On Friday, data from the Britain’s central bank showed,… Read More ›
India: two years after demonetization, what is the result for the most vulnerable?
In November of 2016 the Indian prime minister, Narendra Modi, announced that all 500 rupee and 1000-rupee bank notes would be cancelled immediately. The government said that this was to tackle ‘black money’, illegal, untaxed funds that were held largely… Read More ›
Delayed Brexit adds to uncertainty: Aston Martin’s CEO
British lawmakers will be taking a vote on delaying Brexit on March 14 – just two weeks ahead of its scheduled departure. Following British Prime Minister Theresa May promise to lawmakers that she would provide them an opportunity to extend… Read More ›
Basis Of US Charges Against Huawei CFO Is A HSBC Investigation
The revelation of close financial ties existed between the Chinese tech giant Huawei and a suspected front company in Iran was made during an internal prove conducted by the HSBC. The probe found that the relationship had existed for years… Read More ›
‘Crisis Of Perception’ Faced By Oil Industry: Saudi Aramco
The global oil industry faces a “crisis of perception” since the industry is viewed as a one that has no future, said Saudi Arabia’s state oil company. It however cautioned that such an attitude could jeopardise global energy security. Because… Read More ›
FCA To Make New Jeep SUV Models, To Invest $4.5 Billion In Michigan Plants
The market for large SUVs in the United States has been on the uptick for quite some time now and auto makers have been compromising some of their non-performing models to focus on large SUVs. This is exactly the case… Read More ›
Banning Chinese Suppliers Would Not Delay 5G Rollout: Nokia
According to the CEO of Nokia, Rajeev Suri, there would likely be no delay in the roll out of the next generation mobile technology 5G because of the possible exclusion of Chinese companies from such networks on alleged security grounds…. Read More ›
US Shouldn’t Block Technology, Says Trump For 5G
The United States should become global leaders in technology not through blocking others but through competition, said the US president Donald Trump. American firms must “step up their efforts, or get left behind”, Trump said. While not specifically mentioning the… Read More ›