Washington’s particular style of functioning appears to be adding to investor concerns and markets across the globe. Partial shutdown of the government, trade wars, open confrontations have added barrels of fuel to the fire. On Tuesday, the greenback fell to… Read More ›
Regulations & Legal
Exxon Mobil halts oil survey survey over confrontation with Venezuela’s navy
Home of the world’s biggest crude oil reserves, production of crude oil in Venezuela, a OPEC member, has reached its lowest levels in 70 years. Guyana’s Foreign Affairs Minister Carl Greenidge stated, the government is “in discussion” with Exxon Mobil… Read More ›
US To Start Trade Talks With Japan With Aim Of Reduce Its $56 Billion Trade Deficit
For Japan, exports are much more than the crucial factor for economic growth – it is also the foundation of growth model of the country and a very crucial and dynamic component that drives the business cycle of the economy…. Read More ›
Federal Reserve Is The As ‘Only Problem’ In U.S. Economy, Says Trump
The US Federal Reserve is the “only problem” for the U.S. economy according to the President Donald Trump even as a rout in stock markets was resulted partly because of the disagreement between the president and the Fed. Reports of… Read More ›
Russia’s auto market likely to slowdown in 2019
Automakers have warned that a rise in VAT rates for automobiles would significantly effect burgeoning car sales. According to the Russian branch of South Korean carmaker Hyundai Motor Co, the auto market in the country is likely to witness a… Read More ›
China To Reduce Taxes And Open Up Further For High-Quality Development
In order to maintain high-quality development, China will continue to deepen supply-side structural reform among other measures in 2019, said a statement after the Central Economic Work Conference that was held in Beijing from Wednesday to Friday. This meeting was… Read More ›
US Indicts To Chinese Men In For Commercial Hacking
Two Chinese men have been indicted by the US justice department on charges of them hacking into the computer systems and networks of companies and government agencies in Western countries. It is being alleged that the duo are a part… Read More ›
Uber Restarts Trials Of Its Self-Driving Cars In Pennsylvania
After remaining suspended for nine months following the death of an individual in a deadly accident in Arizona, ride hailing company Uber Technologies Inc is resuming its trial on limited self-driving cars on public roads in Pittsburgh. It was just… Read More ›
UK’s Debenhams Drops Below Fishing Equipment Retailer In Terms Of Market Value
The changing face of retailing business in the United Kingdom was drastically portrayed after it was revealed that the market value of one of the most well known names of UK retailing industry and the British high street, Debenhams –… Read More ›
Lockheed Martin Corp wins $997 million U.S defense contract
Lockheed Martin Corp has been awarded a U.S. defense contract for upgrading 84 F-16 fighter aircraft to the V-configuration. In a statement to the press, the Pentagon said, Lockheed Martin Corp has been awarded a $997 million U.S. defense contract… Read More ›