China’s the Ministry of Industry and Information Technology (MIIT) has claimed that there was significant growth in the e-commerce and online gaming industry in the country even as the entire of the internet service and related sectors also expanded better… Read More ›
Sustainability
Tough For European Banks To Hire Talent As US Banks Paying More
Intense competition in recruitment by US banks and a slew of new regulations is preventing European banks from being able to hire the right people, said media reports quoting sources and experts from the industry. “It is a vicious circle,… Read More ›
Brexit Uncertainty A Reason For Weakest Outlook For UK Since 2009: BOE
Growing uncertainty over Brexit and a general slowdown in the global economy were identified to the reasons by the Bank of England (BOE) to be the reasons for the UK economy to potentially registering the weakest economic growth in a… Read More ›
David Malpass Picked By Trump To Head World Bank
Senior Treasury Department official David Malpass has been handpicked by United States president Donald Trump as a candidate to head the World Bank. It is expected that Malpass would alter the focus of the international bank and one of the… Read More ›
Qatar Petroleum and Exxon Mobil Corp to invest $10 billion in expanding Texas LNG plant
The development assumes strategic importance for primarily two reasons, 1) an alternative to Russian energy supplies and 2) LNG is set to dominate the fossil fuel market in the near future and and companies are racing to get a dominant… Read More ›
‘Massive’ Impact Of Tariff Hike Due To US-China Trade War: UN
There would be “massive” implications for the global economy if there is an increase of tariffs on Chinese goods by the United States next month, warned a UN trade official. If the 90 day truce to the trade war between… Read More ›
Experts Say UK Could Benefit From A Delay Of Brexit Deadline
According to analysts, there can be some benefits for the UK is there is an extension of Brexit talks even as the United Kingdom and the European Union are still to come to an agreement over the impending divorce between… Read More ›
New WTO rules unlikely to rein in China: USTR report
Economies across the globe have come to realise that China’s non-market economic policy and trade structures as well as its state-led, mercantilist approach to trade, is skewed and lopsided; it benefits only China, to the detriment of its trading partners…. Read More ›
Despite Scandalous 2018, Facebook Reports Record Profit
2018 was perhaps the most troubled year for Facebook in terms of scandals and regulatory scrutiny it faced. And while analysts believed that these would have an impact on the overall financial performance of the company, the largest social media… Read More ›
Second Consequent Ever Quarterly Profits For Tesla
For the first time in its 15 year history, profits for two consecutive quarters were posted by US electric car maker Tesla after it reported fourth quarter results of 2018. The company reported a profit of $139 million against revenues… Read More ›