Chinese authorities are trying to formulate new regulations that would prevent domestic internet based companies from getting publicly listed in the United States, said a report published by The Wall Street Journal on Friday. The Journal reported, citing people familiar… Read More ›
Following the seizure of political power in Afghanistan by the Taliban, funding for projects in the country has been frozen by the World Bank. According to a statement published by the global agency about the halting of the funding, the… Read More ›
Car manufacturing in the United Kingdom declined in July to its lowest for the month for the entire industry since 1956, showed data available from a trade group. There was a 37.6 per cent year on year drop in cars… Read More ›
“Normal communication” with the United States is being maintained by China on the issue of trade, the Chinese government said on Thursday. This is one of the very few areas where the two largest economies of the world have not… Read More ›
An increase in demand for services in the cryptocurrency space has now prompted Citigroup Inc to closely consider offering some of its institutional customers the services of bitcoin futures trading, a spokesperson for the bank said earlier this week. After… Read More ›
A surge in Covid-19 infections in Asian countries has forced imposition of restrictions again resulting in shops going empty again and factories being forced to close down temporarily which has resulted in loss of momentum in the robust economic recovery… Read More ›
On Tuesday, in a statement A.P. Moller-Maersk said, it had ordered 8 vessels which can run on carbon-neutral methanol to accelerate the decarbonisation of its fleet. The development sees the shipping giant meeting demand for greener transportation. A.P. Moller-Maersk has… Read More ›
There was further strength in business activity in the euro zone in August with only a slight decline from tee July number which was a two decade high for any month as more companies and businesses were able to reopen… Read More ›
Business in the services sector in Japan slowdown in August at the fastest pace since May last year while factory activity growth in the economy also declined which is reflective of the hit on the economy of the latest wave… Read More ›
The latest turnaround plan of the British retailer Marks & Spencer is showing signs of being able to deliver results as the retailer raised its profits outlook recently following a surge in demand and sale for its food products and… Read More ›
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