An agreement needs to be reached quickly between the International Monetary Fund (IMF) and the Greek government and the creditors of the country in Europe so that there is enough time at hand with the Fund to be able to… Read More ›
Geopolitics
New Program In China To Lure Back Home Its Largest Tech Companies
China wasn’t that its biggest companies should come back home. Stock exchanges outside of china have been chosen by some of the largest companies in China to launch IPOs in recent years. New York is the place where Alibaba and… Read More ›
Toshiba’s net profit expected to zoom on planned sale of its NAND memory business
Toshiba’s sale of its memory business hinges on getting regulatory approval from Chinese authorities by May 31, 2018. Toshiba Corp stated, it expects a 33% rise in net income thanks to proceeds from its planned $18 billion sale of… Read More ›
First Domestically Manufactured Aircraft Carrier Launched By China
China’s navy achieved a new milestone with the trials of its first domestically built aircraft carrier. There is one operational carrier, the Liaoning, with the Chinese Navy, the Liaoning, — which is officially known as the People’s Liberation Army Navy…. Read More ›
JPMorgan applies to set up majority-owned securities business in China
The U.S. bank is one of several foreign banks, including UBS Group AG and Nomura Holdings Inc who have applied to set up majority-owned securities businesses in China, following relaxation of rules. On Monday, JPMorgan Chase & Co stated it… Read More ›
South Korea drags U.S. to WTO for unfair import restrictions
South Korea drags U.S. to WTO for imposing steep tariffs on its exports of washing machines and solar panels. On Monday, South Korea dragged the United States to the World Trade Organization (WTO) saying the imposition of hefty tariffs by… Read More ›
Germany will assist its companies to do business with Iran: German Economic Minister Peter Altmaier
European powers, including France, Germany and Britain are willing to maintain the landmark 2015 Iran nuclear accord while pushing for talks encompassing a wider format which includes Iran’s ballistic missile program and its activities in Yemen and Syria. On Friday,… Read More ›
Trump’s Iran Decision Impacting UK Already, Petrol Prices To Rise
The impact of the United States President Donald Trump’s decision to pull out of the Iran deal is already being felt in the United Kingdom. Over the next fortnight, warning have been issued to British motorists that they would have… Read More ›
Apple drops data centre plans in Ireland
Apple has cited delays in the approval process as the reason for its decision. On Thursday, Apple stated it will not go ahead with its planned data center in Athenry, Ireland, due to delays in the planning approval process. In… Read More ›
Uncertainty Over Oil Supply And Prices Cast Because Of Trump’s Iran Nuclear Deal Exit
Some degree of uncertainty has been cast on the global prices of oil and gasoline because of the decision by United States President Donald Trump to pull out of the Iran nuclear deal. The Organization of the Petroleum Exporting Countries… Read More ›
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