The airlines has advised passengers to not travel to the airport unless they were rebooked on other flights. On Monday, London’s Heathrow Airport disclosed that some flights of British Airways are still affected by the global computer system failure. British… Read More ›
Sustainability
A bull in a China shop
With the U.S. embracing increased protectionism despite its posturing in the G7 meet, German Chancellor Angela Merkel has voiced the markings on the wall. The executive summary of last week’s G7 and NATO meeting, comes down to just one line,… Read More ›
Korean Peninsula heating up in the wake of missile launches by the North
The economic consequences of a limited skirmish are enormous. In its latest defiance of world pressure, North Korea has fired, at least, one short-ranged ballistic missile on Monday which landed in the sea off its east coast. The Scud-class ballistic… Read More ›
This Is Where The New Economic Risks Are In A Post-Crisis World: RBI Ex-Chief Rajan
Raghuram Rajan, the former governor of the Reserve Bank of India, said that economic risks have spread elsewhere even though the world’s banks have become safer since the global financial crisis. “Almost certainly lightening doesn’t strike twice in the same… Read More ›
Jared Kushner, Trump’s son-in-law, under FBI scrutiny: media reports
The outcome of the investigation by the FBI, several congressional committees and by a special counsel appointed by the Justice Department will have serious economic consequences for the United States. According to NBC News reports and the Washington Post, Jared… Read More ›
Production Cuts Extension For Nine Months Agreed Upon By OPEC And Non-OPEC Members
After November’s landmark deal failed to clear a global supply overhang, OPEC announced it would extend cuts in oil output by nine months to March 2018 on Thursday. The 1.8 million barrel per day supply cut will roll over until… Read More ›
‘More Opportunities, Rather Than Less’ Will Be The Result Of The Rise Of Machines
It’s no surprise that people are wondering if machines will someday replace humans with computers stronger than ever and robots popping up on factory assembly lines. But Google executives say that it’s nothing to be afraid of. That’s because freeing… Read More ›
Japan Inc has better trade opportunities at hand than those offered by China’s debt-ridden ‘Belt and Road’ initiative: Reuters Poll
As per the results of a survey conducted by Reuters, there is widespread scepticism on the Chinese initiative, with critics saying the project is an attempt to project Chinese influence overseas. As per a Reuters poll, the vast majority of… Read More ›
Rival Ethereum Is Up 2,000 Percent Compared To Bitcoin Which Has More Than Doubled This Year
Bitcoin has been outperformed by its closest rival Ether, which is up over 2,300 percent, even though the former has more than doubled in price this year alone. Bitcoin was trading at the day’s high of $1,003.25 on January 1…. Read More ›
Moral, Political, Legal Duty To Meet Obligations Lies With The Lenders , Says Greece
Greece said that foreign creditors had a “moral, political and legal” duty to meet their obligations toward it and that the country and its government has done its part on reforms, the government said on Tuesday. Greece’s lenders aim to… Read More ›