The growth of the British economy was the slowest in a quarter in the last six years in the fourth quarter of 2018 as had been expected by the markets and analysts primarily because of slowing down of the investments… Read More ›
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Why US Sanctions Could Hit Venezuela
The Venezuelan oil sector and its state owned oil giant PDVSA were the target of the sanctions by the United States announced earlier this week. the main aim was however to put as much of economic pressure as possible on… Read More ›
Fast Expansion Of Internet Service Sector Of China In 2018
China’s the Ministry of Industry and Information Technology (MIIT) has claimed that there was significant growth in the e-commerce and online gaming industry in the country even as the entire of the internet service and related sectors also expanded better… Read More ›
A Thai Princess To Contest Election For PM For The First Time In Thailand
The princess of Thailand, Ubolratana Rajakanya Sirivadhana Barnavadi has been nominated by Thai Raksa Chart, a party founded by allies of former Prime Minister Thaksin Shinawatra, for contesting as the prime minister of the country for the long-delayed general elections…. Read More ›
Tough For European Banks To Hire Talent As US Banks Paying More
Intense competition in recruitment by US banks and a slew of new regulations is preventing European banks from being able to hire the right people, said media reports quoting sources and experts from the industry. “It is a vicious circle,… Read More ›
Brexit Uncertainty A Reason For Weakest Outlook For UK Since 2009: BOE
Growing uncertainty over Brexit and a general slowdown in the global economy were identified to the reasons by the Bank of England (BOE) to be the reasons for the UK economy to potentially registering the weakest economic growth in a… Read More ›
David Malpass Picked By Trump To Head World Bank
Senior Treasury Department official David Malpass has been handpicked by United States president Donald Trump as a candidate to head the World Bank. It is expected that Malpass would alter the focus of the international bank and one of the… Read More ›
‘Massive’ Impact Of Tariff Hike Due To US-China Trade War: UN
There would be “massive” implications for the global economy if there is an increase of tariffs on Chinese goods by the United States next month, warned a UN trade official. If the 90 day truce to the trade war between… Read More ›
Experts Say UK Could Benefit From A Delay Of Brexit Deadline
According to analysts, there can be some benefits for the UK is there is an extension of Brexit talks even as the United Kingdom and the European Union are still to come to an agreement over the impending divorce between… Read More ›
Despite Scandalous 2018, Facebook Reports Record Profit
2018 was perhaps the most troubled year for Facebook in terms of scandals and regulatory scrutiny it faced. And while analysts believed that these would have an impact on the overall financial performance of the company, the largest social media… Read More ›