Banking firm Goldman Sachs has cut down its expectations for growth in 2019 because of the volatile financial markets and weaker economic data, said the bank on Saturday. It however assured that there was no immediate chance of a full… Read More ›
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Six Nations Cut Tariff To Initiate The Pacific Trade Agreement
The rehashed and renamed Trans-Pacific Partnership (TPP) agreement struck between 11 countries, not including the United States and China, comes into force from Sunday even as New Zealand’s trade minister applauding the huge opportunities that the deal would present for… Read More ›
‘Progress Being Made’ On US-China Trade Relation, Tweets Donald Trump
“Big progress” is being made towards striking a deal on trade between the two largest economies of the world – United States and China, said US President Donald Trump on Saturday after he said that he had spoken to the… Read More ›
FAO Predicts 7 Bln USD Needed By Africa To Import Rice By 2020
By 2020, a huge amount of 7 billion U.S. dollars a year would be required for all of the rice imports needed for feeding Africa according to the estimates of the United Nations (UN) Food and Agriculture Organization (FAO). This… Read More ›
In 2018, Tech Turned Out To Be ‘Darker And More Muddy’: EU Commission
According to a warning from the EU’s Competition Commissioner Margrethe Vestager, technology’s potential has been “darkened” by data abuse. The tech giants were criticised for misusing data and not being able to protect the respect of citizens, said Vestager in… Read More ›
China’s Stock Index Is The Worst Looser Globally In 2018, For A Second Time
Amidst a brutal trade war between China and the United States and a slowdown of the second largest economy of the world, a 24.6 per cent drop in the last 12 months was noted by Shanghai’s stock benchmark which made… Read More ›
UK Accused Of ‘Pride And Prejudice’ By China Over Huawei
The concerns over the national security of the United Kingdom from the use of telecommunication equipment supplied by the Chinese tech giant Huawei has drawn sharp criticism from the Beijing which has accused the UK of possessing “deep-rooted pride and… Read More ›
UK Economy Is On A “Knife Edge” Because Of Brexit: Guardian
An analysis of the economic developments in the last one month conducted by The Guardian shows that the economy of the United Kingdom remains on a knife-edge at the start of a new year because of the increasing uncertainty surrounding… Read More ›
EU’s Phase Out Plan Of Palm Oil Causing Irritation In Palm Oil Producing Countries
The European Union faces the threat of being labelled as engaging in trade protectionism and hence retaliation from major producers of palm oil such as Indonesia and Malaysia because of its decision to phase out its use as a transportation… Read More ›
The ‘Biggest Concern’ In The FAANG Stocks Is Facebook: Analyst
Facebook has been termed as being the “biggest concern” among the so-called FAANG stocks by one industry analyst as there are rising concerns over the fate of the largest social media platform in the world because of increased regulatory scrutiny… Read More ›
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