According to an announcement made recently by a German association, in 2018, more than 72 billion euros or 79.2 billion U.S. dollars was spent for research and development purposes by German companies. According to Stifterverband, which compiled the data on… Read More ›
Strategy
UK Car Production Could Be Reduced To Half Because Of Brexit
Brexit will reduce the annual 2020 car production in eth United Kingdom to about half of its planned production output made just a few years ago even as the auto production kin the country is already down significantly. According to… Read More ›
Germany takes steps to protect key industries from takeover by foreign powers
On Friday, in a significant development, German Economy Minister Peter Altmaier said, it is critical that Germany sets up a new government body which will have the power to quickly decide whether it should take stakes in strategic domestic companies… Read More ›
Mitigating climatic risks a must for financial stability: Haruhiko Kuroda, BOJ Governor
On Thursday, Haruhiko Kuroda, the Governor of the Bank of Japan stated, central banks are facing new issues from climate-related risk which must be mitigated to maintaining financial stability. “Natural disasters, such as the strong typhoon that struck Japan in… Read More ›
Trump signs into law 2 legislations backing Hong Kong
In a significant development, U.S. President Donald Trump has signed into law a congressional legislation which backs the pro-democracy uprising in Hong Kong despite objections from China. The development midst Washington and Beijing trying to hammer out a deal to… Read More ›
Twitter To Remove Huge Number Of Inactive Accounts
All those accounts whose holders have not logged into their accounts for more than six months will be deleted by Twitter unless such account holders again log in before 11 December deadline. The culling will also include those account holders… Read More ›
TikTok App Owner Moves To Separate App From Chinese Operations For US Market
ByteDance, the Chinese owner of the social media app TikTok, is trying to separate the app from its other Chinese businesses and operations as the app has come under pressure after an inquiry into the safety of the personal data… Read More ›
Private Equity firm Silver Lake buys 10% stake in City Football Group
In a deal that values the owners of English soccer champions Manchester City at $4.8 billion, private equity firm Silver Lake has agreed to make a $500 million equity investment into the Premier League club. Silver Lake will have a… Read More ›
Trade deal with UK to be a priority post-Brexit: Michel Barnier
Michel Barnier, the European Union’s Brexit negotiator, has told EU lawmakers that he will make Britain’s new trade deal with the EU a priority after Brexit, said a report from the Financial Times citing sources briefed on a closed-door meeting…. Read More ›
Great Debut Made By Alibaba At Hong Kong Stock Exchange
One of China’s most prominent tech companies Alibaba Group recorded strong debut at the Hong Kong stock exchange as its shares rose by almost 7 per cent. At the end of the first day of trading the stocks of the… Read More ›