Jeff Bezos – owner of the Washington Post, and his business in Saudi Arabia and in the Middle East is being targeted by Saudis who are reportedly unhappy with the manner in which the killing of its journalist Jamal Khashoggi… Read More ›
Sustainability
Europe’s Electric Car Aspirations Are Being Trampled By China
While some of the largest auto companies have emerged from Europe, yet the region is apparently losing out to China in terms of electric cars. China has developed into a powerhouse for the electric vehicle batteries which is considered critical… Read More ›
Softbank To Maintain Saudi Ties Even After Khashoggi Murder: SoftBank Chief
While condemning the murder of a veteran US based Saudi journalist allegedly at the hands of security men of Saudi Arabia in the Turkish capital of Istanbul, the chief of the Japanese tech and investment group Softbank has said the… Read More ›
BMW expands its car sharing service to more boroughs across London
BMW is expanding its DriveNow service to nine more boroughs across London; as a result its total fleet size is also increasing to 720 BMW and Mini cars in London. Wit BMW overcoming some of its barriers to operating across… Read More ›
S&P Warns Of Lengthy UK Recession In Case Of No-Deal Brexit
According to analysis by the global rating agency Standard & Poor’s, there could be a prolonged recession in the British economy because of a possible rise in unemployment and a fall in the household income if the Theresa May government… Read More ›
13% Drop In Sale In Q3 For Jaguar Land Rover
Jaguar Land Rover reported third quarter losses because of a fall in the sale of its cars. Uncertainty in Europe over new diesel emission standards and Brexit, along with slowdown in sales in China was identified as the reasons for… Read More ›
China Manufacturing Growth Weakest In More Than Two Years
Amidst the escalation of the trade war with the United States, China’s manufacturing growth slowed for the month of October according to government statistics which is the second consecutive month of decline. While analysts and experts expected the manufacturing Purchasing… Read More ›
M&A In Global Insurance For H1 Highest Since The 2008-09 Financial Crisis
According to a report by Willis Towers Watson and Mergermarket, in the first six months of the current year, insurance mergers and acquisitions increased to 37 billion euros globally. There have been a number of mega deals which culminated in… Read More ›
Italy’s Q3 Economic Growth Zero, Eurozone Also Slows Down
There was no growth at all in the economy of Italy for the third quarter of the current year as all economic activity came to a virtual standstill during the quarter. This development in the country assumes importance because the… Read More ›
Higher Consumer Spending Helps Mastercard Beat Expected Q3 Earnings
An increase in the U.S. consumer spending has helped payment system companies such as Visa and PayPal Holdings to benefit in the third quarter just as Mastercard Inc. which reported better than expected earnings. $1.78 per share was the reported… Read More ›
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