The requests came on the sidelines of the G7 finance ministers meeting in Canada. As per a senior official from Japan’s ministry of finance, Tokyo has called on the United States to join its efforts in stopping Beijing from making… Read More ›
Strategy
Challenges To Modi’s Divestment Drive Exposed As Air India Sale Finds No Bidders
The challenges that are faced by India in setting right the government funded and debt-ridden airline Air India through sell off became evident after the government did not manage to find a single buyer by the end of the deadline… Read More ›
U.S. introduces bill to force software makers to disclose third party source code reviews
The National Defense Authorization Act aims to limit the basket of vulnerabilities, adversaries of the United States can use to perpetrate cyber attacks on U.S. interests. On Thursday, in a development that has significant strategic ramifications across U.S. industries, a… Read More ›
U.S. regulators propose rewriting and simplification of financial rules
The proposal aims to simplify and ease some of the overreaching aspects of the rule which places undue and excessive burden on financial compliance. With the Federal Reserve, along with other U.S. regulators, proposing to rewriting the “Volcker Rule” that… Read More ›
UBS Report ranks the world’s top 77 metropolitan cities
Did you ever wonder which is the world’s most expensive city to do business in? Which offers the most value for money? Which city offers the most bang for money for couples going out on a Friday night? The UBS… Read More ›
Italian fiasco in Europe impacts shares of banks in the United States
Italy’s failure to form a government is taking a toll on the Eurozone’s economy. Investors nervous at the uncertainty have rushed to invest in U.S. treasury debt instruments, which in turn have sent the USD to its 10 month high… Read More ›
Washington to impose export control norms on China: White House
The United States will announce details of the export control mechanism later today and the final tariff list expected to be published by June 15. In a stern warning to China, the United States made it lucidly clear, it will… Read More ›
Plastic Cutlery, Straws And More Is Planned To Be Banned In Europe
With the aim of cleaning up the oceans, a ban on single-use plastic items such as cutlery, straws and cotton buds is being proposed by Europe. 10 items have been identified by the European Commission for banning which accounts for… Read More ›
People Will Not Be Rendered Jobless Because Of Robots: Satya Nadella
According to Microsoft CEO Satya Nadella, people would not be rendered completely jobless by robots even in the situation of a “runaway Artificial Intelligence (AI)” scenario. Nadella said during an interview that people will always desire to have a job… Read More ›
UAE’s non-oil economy expands by 3.1% in 1st quarter of 2018: Central Bank
The country’s efforts at weaning itself off from its oil-driven export economy is gradually bearing fruit. On Tuesday, as per an estimate by the central bank of the United Arab Emirates, non-oil economic activity grew by 3.1% for the same… Read More ›
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