The global music industry is possibly the next stop for the Chinese tech company Tencent. It has been reported that the Chinese firm is in the process of negotiations with Universal Music Group (UMG) for a 10 per cent stake… Read More ›
Sustainability
Trade War Now Includes Currencies, Forex Markets Expect More Volatility
There is likely to be volatility into long-dormant foreign exchanges and possible additional pressure on world markets because of the trade war between the United States and China being dragged into the currency market, warned analysts, as Washington identified Beijing… Read More ›
South Korea to invest $6.48 billion to cut reliance on Japanese imports
The ruling of a South Korean court ignited bilateral trade ties. Since then, relations have tread mostly southwards. On Monday South Korea announced, it plans on investing $6.48 billion (7.8 trillion won) in research and development for local materials, equipment… Read More ›
UK Tourism Industry Gaining Because Of Weak Pound
According to the latest figures from United Kingdom, there has been an almost a fifth increase in the number of tourists visiting the UK from China this summer. There was also a 6 per cent year on year increase in… Read More ›
Recent Trump China Tariffs Turns US Retail Industry Fears Into Reality
The announcement of a 10 per cent import tariff on the remaining $300 billion worth of Chinese imports by the United States president Donald Trump has seen retail stocks lose value significantly. The plight of the retailers was spoken about… Read More ›
Sale Plunge Forces Cuts Of Temporary Jobs At India’s Biggest Carmaker Maruti Suzuki
The Indian auto industry makes up almost half of the manufacturing output of India and it is facing a slowdown that has not been seen in the past almost one decade. Sale of vehicles has fallen sharply wand there are… Read More ›
Trump’s Latest Tariffs Will Be Retaliated Adequately, Says China
The sudden decision by United States president Donald Trump to impose a 10 per cent import tariffs on the remaining $300 billion of Chinese imports into the country will be fought back by China, authorities said on Friday. The sudden… Read More ›
Boris Johnson’s wafer-thin majority now on a sticky wicket
pro-European Union Liberal Democrats have won a parliamentary seat from Brecon and Radnoshire. On Friday, In a development that marks the first blow to British Prime Minister Boris Johnson after taking office, Britain’s pro-European Union Liberal Democrats won the parliamentary… Read More ›
U.S. to impose 10% additional tariffs on $300 billion Chinese goods
The move underscores Trump’s intent to not incentives Chinese strategy of tiring opponents through unproductive never ending negotiations. U.S. President Donald Trump made it lucidly clear to Chinese President Xi Jinping that the United States will not backdown from China’s… Read More ›
EU members states to decide on consensus candidate for IMF
EU members will decide today on who will represent the block at the IMF. On Friday, European Union member states are set to vote on who will represent the bloc in the International Monetary Fund following a missed opportunity to… Read More ›
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