Amidst the growing criticism of the United Kingdom government to allow the take acquisition of UK based defence and aerospace company Cobham by a private equity firm of the United States at the dead of the night in a deal… Read More ›
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Reshoring Of Firms Due To US-China Trade War Boosts Office Rents In Taiwan
The business process of reshoring or the bringing back production and manufacturing in to the home country or the country of origin of a company from foreign shores has resulted in overcrowding of the office space market in Taiwan. Analysts… Read More ›
$1.3 Bln Investment Round Completed By Electric Vehicle Startup Rivian
The latest round of funding by the United States based electric vehicle startup Rivian yielded $1.3 billion in investments from the likes of fund manager T. Rowe Price as well as contributions from its existing investors including the online retailer… Read More ›
Allegations Of Forced Labour By Prison Inmates In Tesco Card Case Denied By China
Following a report in a British newspaper about a London schoolgirl finding out a message in a Christmas card that claimed that it was from inmates at Shanghai’s Qingpu Prison who were forced into labour and after Tesco suspended ties… Read More ›
Gold Price To Be Highest In A Decade Next Year, Say Traders
After gaining more than 15 per cent so far in 2019, the price of gold is set to record its strongest annual growth in almost a decade. The growing global economic and political uncertainties are pushing investors to want to… Read More ›
China To Cut Tariffs On Some Products Including Pork To Boost Trade
Next week, tariffs on hundreds of goods will be reduced by China as part of its efforts to shore up trade to provide a boost to its slowing economy and to cushion the impact of a devastating swine fever epidemic…. Read More ›
Emissions Scandal Sees Record Fine Imposed On VW In Australia
A record fine was imposed by Australia’s consumer watchdog over the German auto giant Volkswagen (VW) as part of the deal by the company to settle the scandal of the carmaker over its emission scandal which ripped the company through… Read More ›
Economic Crisis Hit Lebanon Has A Very Sad Christmas
The struggling economy of Lebanon has seen a shortage of shoppers in the country’s streets. A report published in the news agency Reuters showcased the clothing shop of Rafi Tabakian in a Beirut suburb that was empty which otherwise would… Read More ›
EU Unhappy With Boris Johnson’s Push For A Hard Brexit
Chief negotiator of the European Union Michel Barnier warned that trade talks between the EU and the United Kingdom could get into trouble if the UK Prime Minister Boris Johnson does not adhere to the red lines drawn by the… Read More ›
World Bank Report Shows Record Growth Of Debt In 2018 In EMDEs
An analysis in Global Waves of Debt, the World Bank has found that in 2018, a record $55tn in total debts was attributed to the Emerging market and developing economies (EMDEs). The institution said that this was the straight eighth… Read More ›
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