A “shallow recession” is likely to hit the United States, opined Eric Fishwick, chief economist at Hong Kong-based investment bank CLSA. Fishwick also said that a slowing global economy and an escalating trade dispute between the US and China is… Read More ›
The recent effort of Cuba to formulate and implement a modernization of its economy would be willingly supported by the European Union (EU), said High Representative for Foreign Affairs and Security Policy of t EU, Federica Mogherini, on Monday. “We… Read More ›
There is a raging privacy row in China over a new Chinese app that allows its users to convincingly swap their faces with film or TV characters. The app has fast gained popularity in the country and has become the… Read More ›
After Uber and Lyft, WeWork is one of the companies of the United States whose decision and announcement to become publicly listed as a tech company this year is being closely watched by investor with enthusiasm and expectations. However the… Read More ›
The chairman of Hong Kong’s flagship airline Cathay Pacific, John Slosar, is set to retire after donning the chair for 39 years. This retirement announcement also assumes importance because of the resignation of two of the top[ executives of the… Read More ›
The services sector of the United Kingdom has been pushed down more than expected because of the Brexit uncertainty and this could lead the country’s economy to be pushed into a recession which would be the first since the global… Read More ›
Two of the largest competitors for the retail market – both physical and online, Amazon and Walmart, who are fighting out to gain dominance in the very large and fast growing retail market in India, are also in a race… Read More ›
There were signs that trade talks could restart between the United States and China with the possibility of the next round of face-to-face talks taking place in September which is also the time when the impending fresh round of US… Read More ›
Britain is staring at a cliffhanger Brexit. On Friday, according to a statement from Irish Foreign Minister Simon Coveney, the British government has yet to make credible and concrete proposals on replacing the mechanism known as the Irish backstop in… Read More ›
The SEC had found Juniper Networks Inc to be non-compliant with provisions of the Foreign Corrupt Practices Act (FCPA). The U.S. Securities and Exchange Commission stated, it has fined and settled with Juniper Networks Inc, a sum more than $11.7… Read More ›
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