In what is one of the lowest that bitcoin has achieved since touching near $20,000 levels in value last year, the virtual currency traded at $6,617 on Friday – the beginning of a long Easter week end. This value is… Read More ›
Sustainability
U.S. District Judge Valerie Caproni dismisses Exxon Mobil Corp’s lawsuit against NY and Massachusetts
In an interesting turn of events U.S. District Judge Valerie Caproni dismissed Exxon Mobil Corp’s lawsuit against the Attorney General of NY and Massachusetts on the grounds of Exxon’s arguments being “implausible”. In a setback to U.S oil giant Exxon… Read More ›
Facebook’s Latest Privacy Move, Keeping Distance From Data Brokers
All of the third-party companies that collect data from Facebook are being pushed away by the social media company through limited dealings with them. As tool that allows advertisers to target Facebook users with the usage of data garnered from… Read More ›
Record Welfare Costs & Rise In Military Spending Sees Record-High FY 2018 Budget For Japan
The Japanese government enhanced budgetary allocations to record levels in social security costs and military spending in its fiscal budget for 2018 which comprised a total budget of 97.71 trillion yen (926 billion U.S. dollars) and passed by the country’s… Read More ›
SoftBank’s Vision Fund’s venture in Saudi Arabia to create world’s biggest solar producing company
Although Saudi Arabia is one of the world’s sunniest countries, its solar power footprint is minuscule. This project, to a big extent, diversifies it economy, greenifies and balances its power generation industry which traditionally has been largely oil-fired power. As… Read More ›
U.S. wants access to Chinese markets, stop theft of intellectual property
With China’s trade surplus with the United States at $375 billion, it clearly has much to lose. The Trump Administration has demanded that China cut this surplus by at least $100 billion. As per a source familiar with the discussions… Read More ›
Mismatch In Pay And Productivity In U.K. – Most Impact Seen In Brexit-Voting Areas
Hikes in pay in some parts of Britain do not match the enhancement in worker output, warns a new report also highlighting the possibility of a split of the British economy widening further after the initial lines were drawn by… Read More ›
Impending Fears Of Trade War Between U.S And China Hits Global Stocks Hard
The specter of a rising trade war and heightened tensions between the U.S. and China instilled fear among investors resulting in a drop in the global stock markets on Friday. While London’s FTSE 100 shed fell by 0.7% Germany’s DAX… Read More ›
Business In U.S., Canada, Mexico Optimistic About NAFTA Despite Protectionist Environment: HSBC Report
The leader in the business world in the United States, Canada and Mexico apparently still have a positive outlook for the future despite the rising tensions between the countries with respect to the NAFTA agreement – negotiations to reset the… Read More ›
Hopes Of Exemption From Trump Tariffs High Within The EU
The risk of a trans-Atlantic trade war appears to be dying down because the there is a belief in the European Union that the Trump tariffs on steel and aluminum would not be imposed on it. According to media reports… Read More ›
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