By far the largest beneficiary of EU’s funds, PiS’ management of state run corporates have investors running for cover. With Poland’s ruling party making a flurry of changes in the leadership of state-controlled enterprises, the country’s stock exchange, that beat… Read More ›
Sustainability
Softening Stance Of Iran Raises Hope Of Opec Raising Oil Output
For Saudi Arabia and non-OPEC Russia, it has almost become a near-consensus proposal that oil production would be increased by about 1 million bpd, or around 1% of the global oil supply. Apparently, Saudi Arabia has been able to convince… Read More ›
EU Response to U.S. trade tariffs will bring increased clarity
The EU is likely to go in for a negotiated settlement in its trade tariffs spat with the U.S. On Friday, a spokeswoman for Germany’s economy minister stated, a negotiated solution will be sought to the EU-US trade tariffs and… Read More ›
IBM’s AI Powered Machine Is Able To Convincingly Argue With Humans
In what is being described as a pathbreaking evidence of the role the artificial intelligence can play, a IBM’s Project Debater spoke, listened and rebutted a human’s arguments in a recent event in San Francisco, US. The computer was given… Read More ›
Ikea Has Big Plans For India As It Opens Stores Following Regulatory Relaxation
For John Achillea, who used to manage a footfall of 1.6 million visitors a year at an Ikea store in St. Louis, Missouri, moving to India has changed in entire perspective. Achillea, who has bene working with Ikea since 1996,… Read More ›
UN Chief Says Stronger EU, “Fair Globalization” Is Needed By The World
The world would need a stronger and “more intervening” European Union, believes UN Secretary General Antonio Guterres. The European Union is “missing action” in a number of areas where it is needed by the UN and others, Guterres said while… Read More ›
Daimler sees its 2018-2019 profit dip due to U.S.-China trade tensions
Daimler has warned, any further escalation in the trade row “would be harmful for all stakeholders”. German luxury carmaker Daimler cut its 2018 profit forecast citing growing signs of import tariff wars between the United Statea and China as well… Read More ›
India Takes Further Counter Measures To US Trade Tariffs
India is taking fast steps to get back at the United States on trade tariffs. According to a revised World Trade Organization filing by the country, it has proposed enhancing of tariffs on 30 US goods that are imported into… Read More ›
Audi’s CEO has been arrested
Although details of the reason(s) for the arrest has/have not yet been disclosed, one potential reason could be dieselgate. On Monday, Audi’s spokesman disclosed that Rupert Stadler, its CEO, has been arrested. “We confirm that Mr Stadler was arrested this… Read More ›
China’s Volvo to use 25% recyclable plastic in its 2025 models
The praise worthy business plan move comes at a time when more than 8 million tonnes of plastics lands up in our oceans every year, and threatens marine life ranging from coral reefs to fish stocks. On Monday, Chinese-owned Volvo… Read More ›