According to a new research into the increasing wealth inequality in the British society, the total wealth that is owned by the poorest 13 million is the same as that held by the six richest people in the United Kingdom…. Read More ›
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New Report Says Contribution Of £20bn To UN Climate Fund Should Be Made By UK By 2030
A new research has concluded that if the United Kingdom plans to pay a “fair share” in the fight against global climate change, the country will have to pay £20bn by 2030 to the UN’s climate fund. The UK should… Read More ›
Over 72 Bln Euros In R&D In 2018 Invested By German Companies
According to an announcement made recently by a German association, in 2018, more than 72 billion euros or 79.2 billion U.S. dollars was spent for research and development purposes by German companies. According to Stifterverband, which compiled the data on… Read More ›
UK Car Production Could Be Reduced To Half Because Of Brexit
Brexit will reduce the annual 2020 car production in eth United Kingdom to about half of its planned production output made just a few years ago even as the auto production kin the country is already down significantly. According to… Read More ›
Twitter To Remove Huge Number Of Inactive Accounts
All those accounts whose holders have not logged into their accounts for more than six months will be deleted by Twitter unless such account holders again log in before 11 December deadline. The culling will also include those account holders… Read More ›
TikTok App Owner Moves To Separate App From Chinese Operations For US Market
ByteDance, the Chinese owner of the social media app TikTok, is trying to separate the app from its other Chinese businesses and operations as the app has come under pressure after an inquiry into the safety of the personal data… Read More ›
Great Debut Made By Alibaba At Hong Kong Stock Exchange
One of China’s most prominent tech companies Alibaba Group recorded strong debut at the Hong Kong stock exchange as its shares rose by almost 7 per cent. At the end of the first day of trading the stocks of the… Read More ›
Fitch Predicts Drop In 2019 Global Car Sale To Be Greater Than 2008 Recession
The fall in growth of demand for cars in the crucial markets of the United States and China will result in the global rate of growth of the car industry dropping to its most year-on-year in 2019 since the global… Read More ›
US Trade Curb Fears Force US Chip-Tech Group To Shift Base To Switzerland
Concern arising out of the possible US trade curbs has forced several foreign members of a United States-based foundation urged moving it form the US to Switzerland. The foundation called RISC-V Foundation that oversees promising semiconductor technology developed with Pentagon… Read More ›
One Of The Largest Brokerage Firms To Be Created By Acquisition Of TD Ameritrade By Charles Schwab
A new brokerage giant will be created by the merger of Charles Schwab Corp and TD Ameritrade Holding Corp with the former acquiring the later in an all-stock deal that has been valued by the companies at $26 billion. The… Read More ›