To tap the booming U.S. crude oil export potential, many port operators are expanding facilities. With U.S. President Donald Trump making sustained efforts at boosting export levels of the country, tankers carrying record levels of crude oil are leaving ports… Read More ›
Here’s what the Institute of Fiscal Studies, leading think tank in Britain, has to say on Britain’s post Brexit finances. On Monday, a think tank stated, the noble aims of British finance minister Philip Hammond to have a budget surplus… Read More ›
South Korea, China and Japan have high stakes if the North Korean threat goes north. The economic and humanitarian costs of a confrontation will be significant, especially for South Korea. Officials from South Korea’s foreign ministry are set to meet… Read More ›
In the wake of its widespread data falsification scandal the embattled Japanese steelmaker has taken several steps, including revising its full year revenue forecast. On Monday, Japanese business daily Nikkei reported, embattled Japanese steel company Kobe Steel Ltd, as having… Read More ›
As a slew of other big-ticket items starts to fill the EU agenda, gearing up for elections in mid-2019 is the European Union, which has veto power over any Brexit agreement. Making it politically easier for the assembly to approve any… Read More ›
According to the chief executive of Swiss lender UBS, while the technology behind creation and the use of cryptocurrencies will be pivotal in transforming the financial services, the cryptocurrencies themselves still need to be “defined” to be universally acceptable. Sergio Ermotti,… Read More ›
Apple Inc. is struggling to get its iPhone X onto the market and in the hands of customers. Sending strong signals that supplies will likely remain tight as the new device goes on sale Nov. 3, the shipping times for… Read More ›
Saudi Arabia is in the driver’s seat as the OPEC trade is back. Hedge funds were almost as bullish on the global benchmark as they’ve ever been as Brent crude prices were propelled beyond $60 a barrel for the first… Read More ›
An often overlooked segment with big growth potential given tightening pollution restrictions in urban areas, is the humble delivery van that automakers are increasingly sparing a thought for in the rush toward electric vehicles. Many in the industry expect it… Read More ›
In a paradigm shift, businesses are increasingly shifting from owning data centres to cloud computing, which is creating the basis for a new bull run. The combined revenues of Alphabet, Amazon and Microsoft have totaled to more than $100 billion… Read More ›
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