The World Bank has said that robust investment and private consumption would help drive economic growth of India for the next three years at 7.5 per cent. India has been estimated to have grown at 7.3 per cent in the… Read More ›
Strategy
Real Economy Can Be Hit Pretty Fast By An All Out Trade War, Warns ECB
A warning issued by the European Central Bank (ECB) on Wednesday claimed that there can be “bouts of high volatility” in financial markets could result because of the increasing uncertainty about global economic growth, The ECB has warned that there… Read More ›
Importers To Take Advantage Of Tariff Waiver Program Of Chinese Government
Applications are being prepared by Chinese importers to get waivers from the tariffs that have been imposed by China on over 700 products from the United States as a part of the US-China trade war. The Chinese finance ministry recently… Read More ›
All US Visa Applicants Will Have To Share All Their Social Media Details
Newly adopted visa regulations by the United States now would mandate that each and every new application for a US visa would also have to be accompanied by the social media details of the applicant. A regulations adopted by the… Read More ›
Goldman Sachs to acquire Capital Vision Services LP for $2.7 billion: sources
A Wall Street Journal report had priced the deal at $2.7 billion. Goldman Sachs expects to close the deal by the third quarter of 2019. In a statement, Goldman Sachs Group Inc said West Street Capital Partners VII, a fund… Read More ›
Azerbaijan’s AZAL airline cancels $1 billion contract for Boeing 737 MAX
AZAL was to purchase 10 737 MAX aircraft – the same model which was involved in the recent crashes in Indonesia and Ethiopia. According to a spokesman for Azerbaijan’s AZAL, an airline operator, the company has canceled a $1… Read More ›
JP Morgan And Morgan Stanley Say G-20 Summit This Month Unlikely To Deliver US-China Trade Truce
It is unlikely that any solution can be found to end the trade war between the United States and China in the form of a trade deal at the G-20 summit in Japan this month, according to J.P. Morgan and… Read More ›
Why Is American Auto Industry Dependent On Mexico
Sweeping tariffs on Mexican goods into the United States could make building a car in the and buying one in the US a lot more expensive. Building of trucks or cars in all US factories is dependent on Mexican parts…. Read More ›
Trade war with China and Mexico likely to escalate: Goldman Sachs
Things are likely to escalate before they cool down. In a note, economists at Goldman Sachs stated, they see a 60% chance that the United States would slap further tariffs on the final $300 billion of Chinese imports. This is… Read More ›
Huawei Technology to sell undersea cable business
The disclosure was made by Hengtong Optic-Electric Co Ltd in a filing to the Shanghai Stock Exchange. On Monday, a filing by China’s Hengtong Optic-Electric Co Ltd, an optical communication network products company based in Jiangsu, showed that Huawei Technologies… Read More ›
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