Amazon.com has asked British businesses that use its platform for trading to initiate measures so that they would be able to continue trading on the e-commerce platform to the customers in the European Union in the case of a no… Read More ›
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Fossil’s Smart Watch Technology To Be Acquired By Google For $40 M
With an eye of increasing its presence in the wearable technology industry, US tech and search engine giant Google has announced the acquisition of the smart watch technology of Fossil Group Inc. in a deal that would be worth 40… Read More ›
US Fed Says American Economy Posted “Modest To Moderate” Growth in December To January
The United States saw “modest to moderate” economic growth from December to January even though the corporate turned out to be less optimistic because of multiple downside risks, said the U.S. Federal Reserve. The economic reports from 12 federal reserve… Read More ›
Developing Countries To Note Greater Wealth Growth In Five Years Than Developed Nations
There are some countries that names of which would surprise many when it comes to creation of new millionaires. Even though economic powerhouses like the United States, China and Japan possess the largest proportion of the world’s wealthy, the rates… Read More ›
Better Than Expected Q4 Performance Reported By Goldman, Shares Rise
Increased revenues by stronger trading in equities offset losses because of bonds trading at Goldman Sachs which helped the bank to report better than expected revenues. This is till now the only Wall Street bank that has reported growth in… Read More ›
Local News To Be Helped To Survive By Facebook With $300 Million Investment
In recent times, social media platform Facebook has been criticised of its role in causing an erosion of the news business worldwide and hence the company would be investing $300 million over a three year period in local news globally… Read More ›
Names Of Ivanka Trump, Nikki Haley Crop Up For Wold Bank Top Position
According to media reports published in the United States US President Donald Trump’s daughter and adviser Ivanka and former US Ambassador to the UN, Nikki Haley are the names that are making the rounds to be set up for the… Read More ›
Newmont Mining To Buy Goldcorp To Form World’s Largest Gold Mining Firm
The largest producer by output in the world would be created following the acquisition by Newmont Mining of its smaller rival Goldcorp. Newmont announced that the deal would be valued at $10 billion. This is the second large reorganization in… Read More ›
Chinese Trade Surplus With US In 2018, But Tariffs Hit December Numbers
While for the entire of 2018, the trade surplus of China with the United States got bigger, there was a drop in the imports and exports of the country in December potentially because of the trade war and tariffs which… Read More ›
Standard Chartered Analysis Predicts Egypt To Be 7th Largest Economy By 2030
Quoting a recent report by British multinational banking and financial services company headquartered in London Standard Chartered, the state-run Ahram newspaper in Egypt claimed that by 2030, Egypt would become the seventh largest economy in the world amd will go… Read More ›
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