French President Emmanuel Macron’s visit to Kenya has major geostrategic and economic implications. A strong bi-lateral relation between the two countries could largely offset China’s growing clout in the region. On Thursday, in a development that marks a deepening of… Read More ›
Sustainability
Auto Industry Outlook Cut To Negative By Moody’s On Declining Demand
Global credit ratings firm Moody’s has been forced to bring down its outlook for the global auto industry from stable to negative because of slowing down of demand for cars and trucks in some of the crucial markets of the… Read More ›
U.S., Chinese Trade Negotiators Call To Decide On Next Step In Talks
According to a report published by the Chinese state news Agency Xinhua News Agency, arrangements on the next stage of talks between China and the United States over a possible trade deal to end a seven month long trade war… Read More ›
British lawmakers throw Britain in Chaos
Investors and analysts expect British lawmakers to firmly reject a no-deal Brexit; this opens up the possibility of a second referendum, a delayed Brexit or even a snap election. British lawmakers struck yet another blow to Prime Minister Theresa May’s… Read More ›
Attorney General Geoffrey Cox holds the keys to a smooth Brexit
The clincher to May’s deal is Attorney General Geoffrey Cox’s opinion on the legal tenability of the new assurances. On Tuesday, Britain’s former Brexit Secretary David Davis said, British Prime Minister Theresa May’s Brexit proposal could be acceptable once the… Read More ›
U.S. To Lead Global Oil Supply To 2024; IEA
According to the International Energy Agency, over the next five years, global oil supply would be driven by the United States which is expected to add about 4 million barrels per day to the current output. The Paris-based agency said… Read More ›
Turkish Economy Is Now Officially In A Recession
According to the official statistics office of Turkey, the economy of the country went into recession at the end of last year. There was shrinkage of 2.4 per cent in the economy of the country in the fourth quarter of… Read More ›
Brexit can be reversed: Jeremy Hunt
In the event May’s deal is voted down on Tuesday, as is very likely, parliament will vote on Wednesday whether it should leave without a deal; if that measure is also voted down, parliament will then take up the issue… Read More ›
US Tech Giant Nvidia Bids For Acquiring To Israel Chipmaker Mellanox: Reports
According to a report published in the Calcalist financial website on Sunday citing sources, an offer to acquire Israeli chip maker Mellanox Technologies Ltd. has been made by the United States gaming and computer graphics giant Nvidia Corp. The report… Read More ›
China To Focus On Increasing Consumption To Boost Its Economy In 2019
Recent data has clearly indicated slowness in the Chinese economy and the government there is undertaking measures to increase domestic consumption and viewing that as a key cure to spruce up the flagging economy this year. The state planer of… Read More ›