The travel and tourism sector of China is now feeling the brunt of the concerns and fears surrounding the spread of the coronavirus. This potential public health hazard has come just before that time of the year where more than… Read More ›
Regulations & Legal
Trump scheduled to sign USMCA on Wednesday
U.S. President Donald Trump is scheduled to sign a trade pact between the United States, Canada and Mexico on Wednesday during a ceremony at the White House, said an administration official while adding, invitations for attending the event has already… Read More ›
US Will Consider Increasing Tariffs On UK Cars If Digital Tax Is Imposed
If a tax on digital services is imposed by the United Kingdom, the United States could consider imposing additional tariffs on cars that are manufactured in the UK, said the US Treasury Secretary Steven Mnuchin. Any taxes on digital companies… Read More ›
Increase In Feeling Of Loneliness Among Younger Workers In The US: Study
According to a new Cigna study, the feeling of isolation was being felt more by American workers while the younger employees of the country are going through greater issues of loneliness compared to their older colleagues. According to the second… Read More ›
US Treasury Chief Hits Out At Teenage Climate Activist Greta Thunberg
Taking a dig at the teenage environment activist Greta Thunberg, the treasury secretary of the United States Steven Mnuchin said that the teenager should go away and study economics before making any suggestions to investors. A complete absence of understanding… Read More ›
Financial markets should be ready in case of cliffhanger Brexit: Britain’s Financial Conduct Authority
On Thursday, Nausicaa Delfas, executive director of international at Britain’s Financial Conduct Authority stated, it would be prudent for financial firms in Britain to be ready in case Britain does not sign a trade deal with the European Union by… Read More ›
Siemens eyes reconstruction projects in Middle East, asks Trump for equal treatment
On Thursday, Joe Kaeser, Siemens’ Chief Executive disclosed, he perceived a more positive mood among his client. “They are getting more optimistic for the second half of the year than they have for the first half and actually 2019,” said… Read More ›
Petrobras loses $2 billion tax dispute
In a statement, Brazil’s state-run oil firm Petrobras said, it has lost an appeal over $2.14 billion (9 billion reais). The case relates to a tax dispute which dates back to 2011 and 2012. Petrobras said, it will stick to… Read More ›
Michigan settles with Tesla, allows direct delivery of vehicles to customers
According to a source familiar with the matter at hand, Tesla Inc has reached a settlement with the U.S. state of Michigan to allow it to directly deliver its electric vehicles to customers in the state. Tesla will be allowed… Read More ›
Whether An Employee Can Plan Rival Startup While On Job To Be Tested In Apple’s Lawsuit
A court case involving a former Apple Inc executive is trying to establish whether it is justified for an employee to plan a competing venture or a startup even while he or she is on the payroll of a company…. Read More ›