On Friday, in a significant development, German Economy Minister Peter Altmaier said, it is critical that Germany sets up a new government body which will have the power to quickly decide whether it should take stakes in strategic domestic companies… Read More ›
Regulations & Legal
Trump signs into law 2 legislations backing Hong Kong
In a significant development, U.S. President Donald Trump has signed into law a congressional legislation which backs the pro-democracy uprising in Hong Kong despite objections from China. The development midst Washington and Beijing trying to hammer out a deal to… Read More ›
Twitter To Remove Huge Number Of Inactive Accounts
All those accounts whose holders have not logged into their accounts for more than six months will be deleted by Twitter unless such account holders again log in before 11 December deadline. The culling will also include those account holders… Read More ›
TikTok App Owner Moves To Separate App From Chinese Operations For US Market
ByteDance, the Chinese owner of the social media app TikTok, is trying to separate the app from its other Chinese businesses and operations as the app has come under pressure after an inquiry into the safety of the personal data… Read More ›
Trade deal with UK to be a priority post-Brexit: Michel Barnier
Michel Barnier, the European Union’s Brexit negotiator, has told EU lawmakers that he will make Britain’s new trade deal with the EU a priority after Brexit, said a report from the Financial Times citing sources briefed on a closed-door meeting…. Read More ›
Great Debut Made By Alibaba At Hong Kong Stock Exchange
One of China’s most prominent tech companies Alibaba Group recorded strong debut at the Hong Kong stock exchange as its shares rose by almost 7 per cent. At the end of the first day of trading the stocks of the… Read More ›
Fitch Predicts Drop In 2019 Global Car Sale To Be Greater Than 2008 Recession
The fall in growth of demand for cars in the crucial markets of the United States and China will result in the global rate of growth of the car industry dropping to its most year-on-year in 2019 since the global… Read More ›
One Of The Largest Brokerage Firms To Be Created By Acquisition Of TD Ameritrade By Charles Schwab
A new brokerage giant will be created by the merger of Charles Schwab Corp and TD Ameritrade Holding Corp with the former acquiring the later in an all-stock deal that has been valued by the companies at $26 billion. The… Read More ›
Top U.S. China trade negotiators hold phone call on preliminary phase one deal
On Tuesday, as per a statement from China’s Commerce Ministry, top trade negotiators from the United States and China have held a phone call to try and hammer out a preliminary “phase one” trade deal. Chinese Vice Premier Liu He… Read More ›
Israeli exports surged to a record $114 billion in first 9 months of 2019
According to government data from Israel, exports, a key economic growth driver, are expected to grow to a record $114 billion in 2019, up from $109 billion in 2018. According to a statement from Israel’s Central Bureau and Statistics and… Read More ›