In recent times, social media platform Facebook has been criticised of its role in causing an erosion of the news business worldwide and hence the company would be investing $300 million over a three year period in local news globally… Read More ›
Sustainability
British parliament to decide fate of Brexit today
May’s Brexi deal faces strong headwinds in parliament. Today’s vote will not only decide her May’s career but also chart Britain’s economic and geo-political future in the days to come. On Tuesday, in a historic vote in the British parliament… Read More ›
China deepens grip on Sri Lankan economy with a loan of $300 million
Sri Lanka is struggling to repay its foreign debt which is at a record $5.9 billion. The current amount of $300 million can be expanded to $1 billion. On Tuesday, in a move that deepens China’s grip on the island… Read More ›
British Prime Minister likely to force second vote on Brexit deal: The Sun
Britain’s economic future will be decided today in Parliament. Options range from reversing Brexit to a cliff hanger Brexit. As per a report from British tabloid ‘The Sun’, Prime Minister Theresa May is likely to force a second parliamentary vote… Read More ›
Newmont Mining To Buy Goldcorp To Form World’s Largest Gold Mining Firm
The largest producer by output in the world would be created following the acquisition by Newmont Mining of its smaller rival Goldcorp. Newmont announced that the deal would be valued at $10 billion. This is the second large reorganization in… Read More ›
Chinese Trade Surplus With US In 2018, But Tariffs Hit December Numbers
While for the entire of 2018, the trade surplus of China with the United States got bigger, there was a drop in the imports and exports of the country in December potentially because of the trade war and tariffs which… Read More ›
New Age Vehicles set for record growth in China
China’s Association of Automobile Manufacturers (CAAM) expects NEV sales to touch at least 1.6 million units in 2019. On Monday, China top automobile industry association stated, carmakers in the country are likely to face fiercer competition in 2019. Its statement… Read More ›
Britain will choose to be with the EU: one of Brexit’s leading donors
Hedge funds will gain both ways: those that had bet on Brexit had reaped the benefits of betting against UK assets, are now re-positioning for these assets to get stronger. In a significant development, two of the biggest donors to… Read More ›
Standard Chartered Analysis Predicts Egypt To Be 7th Largest Economy By 2030
Quoting a recent report by British multinational banking and financial services company headquartered in London Standard Chartered, the state-run Ahram newspaper in Egypt claimed that by 2030, Egypt would become the seventh largest economy in the world amd will go… Read More ›
UK Farmers Warn Of Catastrophe For Food Supply If There Is No-Deal Brexit
While warning of “catastrophic” impact on the food supply of the UK if there was a no-deal Brexit, a number of farming leaders and landowners from across the country have made a written request to the MPs that a no-deal… Read More ›
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