According to the International Monetary Fund, the recession in the Argentine economy would bottom out by the first three months of next year and a recovery in the economy would be initiated in the second quarter of 2019. The IMF… Read More ›
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UK Prime Minister Sets Up Brexit ‘Business Councils’ For Strategy Setting
Five new business councils have been formed by the British Prime Minster Theresa May to advise the government on the best ways to create the most suitable business environment in the country after implementation of Brexit. There are some bog… Read More ›
ISIS Is Still A ‘Problem’ Online Though It Has Lost Influence On Ground, EU Security Official
According to Julian King, the EU’s commissioner for the security union, the Islamic State is still “very much a problem” because this terrorist organization that once had under its control extensive areas in Syria and Iraq, us still continuing to… Read More ›
Facebook Commissioned Report Indicts It Of Inaction In Myanmar’s Rohingya Issue
Facebook has agreed to allegations against it that held it responsible for not being able to stop its platform from being used to “incite offline violence” in Myanmar, the largest social media platform has said. The platform had created an… Read More ›
Europe’s Electric Car Aspirations Are Being Trampled By China
While some of the largest auto companies have emerged from Europe, yet the region is apparently losing out to China in terms of electric cars. China has developed into a powerhouse for the electric vehicle batteries which is considered critical… Read More ›
Softbank To Maintain Saudi Ties Even After Khashoggi Murder: SoftBank Chief
While condemning the murder of a veteran US based Saudi journalist allegedly at the hands of security men of Saudi Arabia in the Turkish capital of Istanbul, the chief of the Japanese tech and investment group Softbank has said the… Read More ›
S&P Warns Of Lengthy UK Recession In Case Of No-Deal Brexit
According to analysis by the global rating agency Standard & Poor’s, there could be a prolonged recession in the British economy because of a possible rise in unemployment and a fall in the household income if the Theresa May government… Read More ›
China Manufacturing Growth Weakest In More Than Two Years
Amidst the escalation of the trade war with the United States, China’s manufacturing growth slowed for the month of October according to government statistics which is the second consecutive month of decline. While analysts and experts expected the manufacturing Purchasing… Read More ›
M&A In Global Insurance For H1 Highest Since The 2008-09 Financial Crisis
According to a report by Willis Towers Watson and Mergermarket, in the first six months of the current year, insurance mergers and acquisitions increased to 37 billion euros globally. There have been a number of mega deals which culminated in… Read More ›
Italy’s Q3 Economic Growth Zero, Eurozone Also Slows Down
There was no growth at all in the economy of Italy for the third quarter of the current year as all economic activity came to a virtual standstill during the quarter. This development in the country assumes importance because the… Read More ›