While this will come into effect during future negotiations, it is to be seen how this will impact its agricultural sector. On Friday, in a statement South Korea’s finance minister stated, given its enhanced economic status, it is ready to… Read More ›
Regulations & Legal
Tesla begins selling China-made Model 3 with autopilot in China
Tesla’s quarterly profit has come as a pleasant surprise to investors. According to Tesla Inc’s website, the U.S. carmaker has started selling its Chinese-made Model 3 electric vehicle with an autopilot function, which has a starting price of $50,310 (355,800… Read More ›
South Korea grounds 9 Boeing 737 NG planes after finding structural cracks
The U.S. FAA has ordered all aircraft operators globally using Boeing planes to inspect for structural cracks. On Friday, in a statement South Korea’s transport ministry stated, it has grounded nine Boeing Co 737 NG planes after checks found structural… Read More ›
Three major U.S. retailers pull J&J’s baby talc powder from shelves
If the development has cascading effect and more retailers pull J&J’s baby talc powder from shelves, it could significantly impact its earnings. Already J&J is facing lawsuits over allegations of asbestos in its talc. Following U.S. healthcare conglomerate Johnson &… Read More ›
Nokia Facing Troubles To Keep Pace With Pace Rival 5G Companies, Shares Drop 20%
It is becoming increasingly increasing difficult for the Finnish telecom company Nokia to keep pace with its rivals in the 5G mobile connectivity industry. That was probably reflected when the profit outlook for the current year as well as for… Read More ›
US Lawmakers Grill Facebook’s Zuckerberg Over A Host Of Issues
The policy of the social media company Facebook of not fact checking political ads was severely criticized by lawmakers in the United States while interviewing Facebook CEO Mark Zuckerberg in a Congress hearing. Zuckerberg was also accused by the lawmakers… Read More ›
The UK will leave the EU with Johnson’s deal: Downing Street source
The assertion from Downing Street comes at a time when there is increasing speculation of an election before Christmas. As per a senior source from Downing Street, the UK will ultimately leave the European Union on terms set out by… Read More ›
Study Finds Athletic Performance Boosted As Effectively By Potato As Carbohydrate Gels
According to a study posted on the website of the University of Illinois, when people undergo prolonged exercise, consuming of potato puree has the same impact or effect on sustaining blood glucose levels and boosting performance in trained athletes as… Read More ›
U.S.-EU trade negotiations on the horizon
In an interview to the Financial Times, U.S. Commerce Secretary Wilbur Ross hinted at the possibility of negotiations with the European Union as an alternative approach to imposing tariffs on automotive and automotive parts. On Wednesday, in an interview to… Read More ›
New York Federal Reserve accepts $35 billion out of $58.15 billion in overnight repo bids
The development led to a slight increase in repo rates. In a move intended to help maintain federal funds within their target range, the New York Federal Reserve has accepted $35 billion of the $52.2 billion in bids from primary… Read More ›