While the global markets, economists, investors and analysts are busy closely watching the developments of the trade war between the United States and China, there is another potential trade war that is brewing the European Union and the commodity giant… Read More ›
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Latest US Sanctions Against Venezuela Criticized By UN Human Rights Head
The sanctions by the United States against the South American country Venezuela has been severely criticized by the heads of the United Nations Human Rights. The latest sanctions have been called as “extremely broad” and they have the potential to… Read More ›
Shrinkage In UK Economy – First Since 2012
There is shrinkage in the United Kingdom economy in for the first time in almost seven year and it could be pushed into a recession because of Brexit. The Office for National Statistics said Friday that there was a contraction… Read More ›
No Deal Brexit Could See Weeks Of Fresh Food Shortage In UK
If there is no deal between the United Kingdom and the European Union before the Britain leaves the block, UK consumers could go for weeks, or even months without some of their favourite fresh foods, warned UK’s food and drink… Read More ›
US-China Trade War Not To Affect Adidas Prices, Company CEO
The price of Adidas shoes for customers would not be impacted by the latest announcement by United States president Donald Trump of 10 per cent tariffs on $300 billion of Chinese goods imported into the country starting September 1, said… Read More ›
Subway’s Comeback Strategy Takes In Fold Beyond Meat As A Partner
The United States based global fast food chain is attempting to stage a turnaround in its fortunes and in this plan it has now involved itself in a partnership with Beyond Meat, one which the fast food company hopes would… Read More ›
Mediation Convention For Settlement Of Trade Disputes Singed By U.N. Members
Amidst the growing incidents of cross border trade disputes and the resultant chaos and bit to the global economy, and agreement was signed by the members of the United Nations on Wednesday called the Singapore Convention on Mediation which aims… Read More ›
Talks For A Minority Stake In Universal Music Group Ongoing With Tencent
The global music industry is possibly the next stop for the Chinese tech company Tencent. It has been reported that the Chinese firm is in the process of negotiations with Universal Music Group (UMG) for a 10 per cent stake… Read More ›
Trade War Now Includes Currencies, Forex Markets Expect More Volatility
There is likely to be volatility into long-dormant foreign exchanges and possible additional pressure on world markets because of the trade war between the United States and China being dragged into the currency market, warned analysts, as Washington identified Beijing… Read More ›
Escalating Trade Row Sees Slump Of Japanese Car Sale In South Korea
A consumer backlash in South Korea promoted by an increasing trade spat with Japan saw sale of Japanese cars drop significantly last month in Tokyo’s neighboring country. According to data from the auto industry, there was a 32 per cent… Read More ›