The decision by the regulators of the United States to classify the Chinese telecoms giant Huawei as a national security threat has been challenged in a court in the country. This development came after the decision of the US Federal… Read More ›
Strategy
FCA facing $1.5 billion tax demand from Italian tax authorities
Fiat Chrysler Automobiles (FCA) has decided it will appeal Italy’s tax authority statement which says that the carmaker had underestimated the value of its U.S. business after it bought Chrysler. As per a source close to the matter at hand,… Read More ›
UAE private sector growth touch 10-year nadir
As per the results of a survey unveiled on Thursday, growth in the United Arab Emirates’ non-oil private sector slumped to its 10-year low in November. The seasonally adjusted IHS Markit UAE Purchasing Managers’ Index (PMI), which includes manufacturing and… Read More ›
Norwegian economy to grow at 2.4% in 2020: Statistics Norway
On Thursday, Oslo’s statistical agency Statistics Norway (SSB) stated, Norway’s mainland economy, which excludes the volatile oil and shipping sectors, is likely to grow by 2.4% in 2020, up from a 2.2% prediction in September. In a statement, it said… Read More ›
Disabled Users’ Videos Were Prevented From Going Viral By TikTok
The bow popular Chinese app TikTok has conceded that some videos that were made by disabled users and were placed on the platform were intentionally not allowed to go viral by the moderators of the app. While sating that that… Read More ›
Better Than Expected Performance Of Brazilian Economy In Third Quarter
Latin America’s largest country Brazil’s economy rebounded with an expansion in eth third quarter to an extent that beat analysts’ expectations in the third quarter with a 0.6 per cent growth in its GDP. This also raised hopes of a… Read More ›
U.S. adds fortitude to U.S.-China relations with passage of Uighur Act of 2019
In a development that signals further delays towards resolving the U.S.-China trade war, the U.S. House of Representatives has overwhelmingly voted a bill that requires U.S. President Donald Trump to toughen its response to China’s genocide of its Muslim minorities…. Read More ›
Larry Page and Sergey Brin step down from Alphabet Inc, Sundar Pichai takes the helm
Google Inc’s Chief Executive Sundar Pichai is set to replace Larry Page as Alphabet Inc’s CEO. Page and Sergey Brin will continue to distance themselves from playing an active role in the management of the company they co-founded 21 years… Read More ›
Trade deal with China will have to wait till Nov. 2020
The U.S.-China trade war is likely to drag till at least the U.S. presidential election in November 2020. “I have no deadline, no,” said Trump to reporters in London, where he was due to attend a meeting of NATO leaders…. Read More ›
Study Claims Wealth Of Six Richest Britons Same A Poorest 13m
According to a new research into the increasing wealth inequality in the British society, the total wealth that is owned by the poorest 13 million is the same as that held by the six richest people in the United Kingdom…. Read More ›
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