In a landmark ruling on Thursday, the European Union’s top court upheld the EU’s partial ban on three insecticides linked to harming of bees, thus extending their usage on certain crops. Dismissing an appeal by Bayer, the European Court of… Read More ›
Regulations & Legal
US Secretary of State on Chinese investment in the West
In a statement U.S. Secretary of State Antony Blinken said, Western nations have to be very careful about the exact nature of Chinese investment in their economies. “I think we have to be very careful about exactly what the nature… Read More ›
China abruptly suspends economic dialog mechanism with Australia
On Thursday, in the latest setback to China-Australia relations, Beijing has “indefinitely” suspended all activities under a China-Australia Strategic Economic Dialogue, said its state economic planner. “Recently, some Australian Commonwealth Government officials launched a series of measures to disrupt the… Read More ›
PMI Data Shows Strong Growth In Euro Zone Factory Activity In April
A surge in demand has propelled factory activity growth kin the euro zone to a record high in the month of April resulting in a surge in hiring according to a survey, even though there was also an unprecedented rise… Read More ›
Boeing Co faces new electrical grounding issue in best selling 737 MAX
According to two sources familiar with the matter at hand, U.S. air safety officials have asked Boeing Co to submit fresh documentation and analysis showing numerous 737 MAX subsystems would not be affected by electrical grounding issues which were first flagged… Read More ›
U.S. Secretary of Defense to attend Shangri-La Dialogue Asian security summit in Singapore in June
In a statement organizers of the Shangri-La Dialogue Asian security summit, which is scheduled to be held in Singapore next month said, U.S. Defense Secretary Lloyd Austin will be attending the security summit. The annual meeting was cancelled in 2020… Read More ›
KKR & Co Inc raises $18.5 billion for flagship North America private equity fund
According to a source familiar with the matter at hand, KKR & Co Inc has collected $18.5 billion for its latest flagship North America private equity fund, in what is slated to be its biggest-ever fund in less than five… Read More ›
G7 increases focus on malignant threats from China, Russia
On Tuesday, in a significant development, Britain is set to agree to a firm decisive stand from its G7 partners to protect democracies against global threats stemming from China and Russia. Hosting the event, Britain is likely to lay the… Read More ›
Euro Zone Contracts In Q1 And Slips Into Another Recession
With a third wave of the Covid-19 pandemic hitting some countries of the Eurozone forcing re-imposition of lockdowns and restrictions, the euro zone economy contracted in the first quarter of 2021. According to preliminary data released by Europe’s statistics office… Read More ›
Biggest Economic Boom In UK Since 1948 Predicted By Barclays Chief
Barclays chief Jes Staley believes that the biggest economic boom since the one after World War Two will be experienced by the United Kingdom. This comment was made by him even as the bank reported more than doubling of profits… Read More ›