With the aim of launching an initial public offering at the stock exchange within the next 18 months for a potential worth of as much as €20 billion, Vodafone plans to spin off its pan-European mobile mast business. There was… Read More ›
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Chinese Phone Maker Xiaomi Ousted As India’s Top Phone Firm By A Chinese Rival
After dominating the Indian smartphone market – the fastest growing market for smartphones in the world, for more than a year, Chinese smartphone maker Xiaomi has recently lost out the race to one of its domestic rivals in China. At… Read More ›
Signals Of Future Rate Cut Given By ECB And Hints And More Monetary Easing
Hints about implementing more easing measures for the economy was dropped by the European Central Bank (ECB) especially targeted for the markets on Thursday which resulted in the euro dropping to a two year low against the dollar for a… Read More ›
737 Max Production Could Be Stopped If Impasse With Regulators Continue, Warns Boeing
If the global grounding of its 737 Max jet planes continues for much longer, Boeing would be forced to halt production of the planes, the United States airplane maker has warned. The troubles caused by the grounding of the planes… Read More ›
A Sluggish Global Economy Could Get Even Worse Due To Trade Conflicts, IMF Says
The latest outlook from the International Monetary Fund about the prospect of the global economy states that growth in the world economy is still sluggish and a bouncing back of it is not assured even in 2020. That forecast was… Read More ›
Alibaba To Allow Small US Businesses To Sell On Its Platform Providing Them Global Reach
Smaller businesses and companies in the United States would now be allowed to use the Alibaba.com e-commerce platform, the Chinese e-commerce giant Alibaba Group Holdings Ltd has announced. Analysts view this measure by Alibaba to be an effort by it… Read More ›
Shares Jump By Upto 500% At Nasdaq-Style Chinese Market
A new stock exchange in China’s Changhai which has been developed on the style of the United States’ exchange Nasdaq saw shares on the exchange shoot up by as much as 500 per cent. Analysts see this as a clear… Read More ›
UK Warns Iran Of Treading “Dangerous Path’ Over Tanker Seizure
The decision of Iran to seize a British-flagged tanker in the Gulf is pushing the country towards a “dangerous path” of “illegal and destabilising” behavior, said the British foreign secretary commenting on the incident. The seized tanker is called Stena… Read More ›
After Retail Business, Hong Kong Protests Is Hitting Luxury Business
In recent months, a string of protests by common citizens of Hong Kong has not only created political tensions in the city, it has also hit business – especially those in the luxury segment. The latest luxury brand in a… Read More ›
Slowing Economy Forces IEA To Cut Down 2019 Oil Demand Forecast: Reuters
The slowing down of the global economy, partially because of the trade war between the United States and China has forced the International Energy Agency (IEA) to bring down its oil demand forecast for 2019 The executive director of the… Read More ›
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