There is likelihood of a slowdown in global trade extending into the first quarter of 2019, predicted the World Trade Organization while releasing its latest World Trade Outlook Indicator (WTOI) on Tuesday. The global body also warned that the situation… Read More ›
Sustainability
Lockheed Martin unveil F-21 fighter jet for India
Lockheed Martin unveiled the F-21 fighter jet at an airshow in the southern Indian city of Bengaluru. On Wednesday, in a development that underscores an increase fostering of U.S.-India defense ties, Lockheed Martin has offered India a new combat jet… Read More ›
Bank of England will pump in money in case of no-deal Brexit: Richard Harrington
Richard Harrington, Britain’s junior business minister expects parliament to take charge in the event of a cliff hanger Brexit. Britain’s junior business minister Richard Harrington stated, the Bank of England may have to step in to pump in money into… Read More ›
Germany will tighten security standards before 5G auction in March
Germany will not take a hasty decision vis-a-vis Huawei, said a source. As per a source from the German government, it is unlikely that the German goverment will take a quick decision on whether to allow emabattled Chinese telecom equipment… Read More ›
Brexit will most probably get delayed: Jose Barroso non-executive chairman at Goldman Sachs
Given the lack of clarity and the chaos surrounding Brexit, the likelihood that Britain will ask for an extension and EU’s acceptance of it, is high opined Jose Barroso non-executive chairman at Goldman Sachs who was also a former president… Read More ›
UK Job Vacancies Reach Record Levels, Employers Impacted As Wages Rise
There is an increasing fear of skill shortages with UK companies which was reflected by an significant rise in the number of job vacancies that are still not filled throughout Britain which has increased the bargaining power of workers to… Read More ›
Australian PM Says ‘State Actor’ Hackers Attacked Australian Political Parties
It was not long ago that hackers attempted to hack Australia’s parliament. The country’s Prime Minister Scott Morrison said that a “malicious intrusion” on the computer networks of the main political parties and parliament of the country was used for… Read More ›
Volkswagen wins appeal against plaintiff over diesel car affected by emission cheating scandal
It is very likely that the plaintiff, supported by Germany vocal consumer body MyRight, will appeal the verdict in Germany’s highest court – the BGH. A ruling by the BGH will be binding on the rest of the cases under… Read More ›
London-based Euro Zone banks should be fully prepared for Brexit by March: ECB supervisory chief
Any pending supervisory concerns for the London-based banks relocation relocating to the Euro Zone will be addressed in the coming weeks. In a statement that essentially amounts to a call for action, European Central Bank supervisory chief Anrea Enria stated,… Read More ›
Tariffs on EU auto exports to the U.S. could result in EU reneging on its purchase commitments from the U.S.
The head of the European Commission, Jean-Claude Juncker, stated, he had a deal with U.S. President Donald Trump which ensures that Washington will not impose tariffs on EU car exports to the U.S. for the time being. In a clear… Read More ›