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 ›
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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 ›
Higher Consumer Spending Helps Mastercard Beat Expected Q3 Earnings
An increase in the U.S. consumer spending has helped payment system companies such as Visa and PayPal Holdings to benefit in the third quarter just as Mastercard Inc. which reported better than expected earnings. $1.78 per share was the reported… Read More ›
Millions For Ocean Protection To Be Donated By Top Fishing Nations
A major global conference this week in Indonesia will see the announcement of findings worth millions of dollars aimed at fighting global overfishing and protecting the coral reefs. The conference called Our Ocean conference will bring together politicians, marine experts… Read More ›
There May Be Enough Oxygen In Salty Water On Mars To Support Life
There is no shortage of surprises and secrets on Mars as the red planet slowly but surely reveals more about itself. A new study on the red planet claims that if the assumptions that there is briny water just below… Read More ›