From 2020, shipping companies will have to comply to International Maritime Organization IMO 2020 rules which states that sulfur content in marine fuel must be 0.5%, down from 3.5%.The biggest polluters are dry bulk ships, which make up more than… Read More ›
ECB policymaker Francois Villeroy de Galhau highlighted the ECB’s resolve to not be swayed by market wings. Economic data will be the determining factor for its next policy move. In an interview on Monday, ECB policymaker Francois Villeroy de Galhau… Read More ›
China will never publicly acknowledge the impact of U.S. trade action on its economy. But its desperation to hammer out a trade deal with the U.S. is telling. In a development that essentially underscores the pain U.S. trade action is… Read More ›
Malaysia has charged, Riza Aziz, stepson of former prime minister Najib Razak, with 5 counts of money laundering. On Friday, Malaysia charged Riza Aziz, the co-founder of Hollywood production studio Red Granite Pictures that produced the Oscar-nominated film “The Wolf… Read More ›
The global supply chain and supplies of chips and smartphones could get disrupted because of a potential row between South Korea and Japan as Seoul threatened Tokyo with retaliation against the latter’s recent decision to put export limits on high-tech… Read More ›
Sun Valley Rice exported two containers of around 40 tons to a private Chinese importer. In a significant development, USA Rice, a trade group that promotes the sales of U.S. grains reported, a private importer in China has purchased U.S…. Read More ›
Saudi Arabia, the world’s third largest defense spender, aims to cut its defense import bill by 50% by 2030. In an effort aimed at developing Saudi Arabia’s domestic defense industry, Saudi Arabian Military Industries (SAMI) and South Africa’s Paramount Group… Read More ›
The measure has the backing of the Reserve Bank of Australia which has made it clear that the government should initiate action to boost consumer spending. On Thursday, in a significant development, Australia’s conservative government is on the verge of… Read More ›
The achievement by the United States based electric car maker Tesla of being able to deliver record number of electric cars in the second quarter as promised by its Chief Executive Officer Elon Musk resulted in increased confidence of investors… Read More ›
U.S. President Donald Trump has threatened to impose additional tariffs on $4 billion EU goods, including on Britain’s Scotch whisky, Italy’s cheese and olives. The Scotch Whisky Association (SWA) has urged U.S. President Donald Trump to end his trade dispute… Read More ›
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