A new report from the Swiss bank UBS and auditing firm PwC shows that in 2018, there was a 4.3 per cent or $388 billion drop in the collective wealth of the billionaires of the world after increasing for straight… Read More ›
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OECD Warns Drop In UK Growth To 1% In Case Of No-Deal Brexit
According to the estimates of the Organisation for Economic Development and Cooperation (OECD), is there is a no-deal Brexit, the economic growth and the growth in the GFP of the United Kingdom will drop to 1 per cent for next… Read More ›
Political Leanings, Voter Data Will Not Be Allowed To Be Used By Google For Political Ads
Taking a stand on political advertisements which was midway between Facebook and Twitter, Alphabet Inc’s Google said in a blog post on Wednesday that the ability of political advertisers to target ads for elections with the help of data such… Read More ›
Target’s Same-Day Option Usage By Online Customers Saves 90% Costs, Says CEO
The strategy of the company to invest in services that makes as easy as possible for customers to purchase its products online and get delivery on the same day of Target apparently is paying off as its business is booming…. Read More ›
Paris Climate Accord Targets Threatened By China’s Coal Surge, Says New Report
China has increased its output from coal-based electricity plants over the last 18 months to power an additional 31 million homes even as the rest of the world is cutting down on the usage of coal as a source of… Read More ›
Valuation Of Saudi Aramco Finally Set At Up To $1.7 Trillion
Finally the debate around the valuation of Saudi Aramco has been settled. The total valuation of the oil giant and the most profitable company in the world has been set at between $1.6 trillion to $1.7 trillion which is lower… Read More ›
‘Constructive’ Phone Call On Trade Between US And China: Xinhua
The Chinese state media Xinhua said that the top negotiators on trade form the United States China had held a telephonic discussion on Saturday and the call resulted in both sides having “constructive talks” on the trade agreement being strived… Read More ›
Top EU Court Rules Special Label For Products From Made In Israeli Settlements
All the member states of the European Union will now have to identify those products that are made in Israeli settlements in their labels, ruled the top court of the EU. It this decision by the court has been welcomed… Read More ›
China Might Have Used Forced Labor For Cotton Production In Xinjiang, Allege Human Rights Bodies
The use of cotton sourced from the Xinjiang region of China, where the Chinese government has allegedly committed human rights violations on the Muslim Uighur minority, has put global fashion and apparel retailers under the scrutiny over ethical sourcing issues…. Read More ›
A US Firm Is Replacing Plastic With Mushrooms As An Alternative
A New York-based biotech startup Ecovative claims to have found a solution to adequately replace plastic with a material that is found naturally in our surroundings. The company claims that mycelium, the root-like structure of a mushroom can be a… Read More ›
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