Global credit ratings firm Moody’s has been forced to bring down its outlook for the global auto industry from stable to negative because of slowing down of demand for cars and trucks in some of the crucial markets of the… Read More ›
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U.S., Chinese Trade Negotiators Call To Decide On Next Step In Talks
According to a report published by the Chinese state news Agency Xinhua News Agency, arrangements on the next stage of talks between China and the United States over a possible trade deal to end a seven month long trade war… Read More ›
U.S. To Lead Global Oil Supply To 2024; IEA
According to the International Energy Agency, over the next five years, global oil supply would be driven by the United States which is expected to add about 4 million barrels per day to the current output. The Paris-based agency said… Read More ›
Turkish Economy Is Now Officially In A Recession
According to the official statistics office of Turkey, the economy of the country went into recession at the end of last year. There was shrinkage of 2.4 per cent in the economy of the country in the fourth quarter of… Read More ›
US Tech Giant Nvidia Bids For Acquiring To Israel Chipmaker Mellanox: Reports
According to a report published in the Calcalist financial website on Sunday citing sources, an offer to acquire Israeli chip maker Mellanox Technologies Ltd. has been made by the United States gaming and computer graphics giant Nvidia Corp. The report… Read More ›
China To Focus On Increasing Consumption To Boost Its Economy In 2019
Recent data has clearly indicated slowness in the Chinese economy and the government there is undertaking measures to increase domestic consumption and viewing that as a key cure to spruce up the flagging economy this year. The state planer of… Read More ›
U.S. Budget Surplus In January Reaches 8.7 Billion USD
Even as the United States is reportedly getting close to striking a deal on trade with China which would potentially bring an end to the seven month old acrimonious trade war, latest figures from the U.S. Treasury Department released on… Read More ›
Experts Say US Would Not Slow Down In 5G Tech Due To Huawei Absence
A news report on CNBC claimed that experts believe that in cease of the Chinese telecom giant Huaweri remaining banned in the United States would not impact the speed of roll out of the next-generation 5G mobile networks in the… Read More ›
UK Firms Grow At Lowest In Six Years Sue To Brexit And Global Trade Concerns
A survey by the Confederation of British Industry has shown that concerns over a no-deal Brexit and rising global trade barriers were the primary factors that slowed down British businesses growth to its lowest rate in almost last six years…. Read More ›
German Firm Merck Puts In Bid For Acquisition Of Versum
The German pharma firm Merck is aiming to prevent Versum Materials Inc from merging with another semiconductor components making company and has placed an offer of $5.9 billion for an acquisition of Versum. A proposed merger between Tempe, Arizona-based Versum… Read More ›
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