The European headquarters of the Japanese electronics company Panasonic would be moved away from the UK to Amsterdam in October because of Brexit concerns. Panasonic Europe’s chief executive Laurent Abadie said that the main aim of the move is to… Read More ›
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China’s Fosun To Continue With Overseas Deals Despite Trade War
Following its emergence from the scrutiny of Chinese regulators over debt-fuelled shopping abroad by Chinese conglomerates, the Chinese firm Fosun International claimed that it still plans to conduct overseas acquisitions. The firm announced that the planned acquisitions would be targeted… Read More ›
Facebook Removes Accounts Of Top Myanmar Military Men After UN Report Of Rohingya Genocide
Facebook has been impacted by a United Nations report that claimed that the genocide to cleanse the country of the Rohingya minority community was brutally carried out by the military of Myanmar and the report also identified and named some… Read More ›
A New Report Says Turkey Likely To Face Severe Credit Crunch
A new research claims that a severe credit crunch is staring at the face of the Turkish economy in addition to the country’s currency woes. A recent report from the Washington D.C.-based Institute of International Finance (IIF) claims that the… Read More ›
e-Bikes And Scooters For Smaller City Rides To Be Focused On By Uber
Ride hailing company Uber is set to add a significant number of electric bikes and scooters to its existing fleet of those transportation modes. In an interview to the Financial Times, the CEO of the company Dara Khosrowshahi said that… Read More ›
Shadow of Brexit hangs over UK-Japan economic relations
The relationship between Japan and the United Kingdom has historically been a good one barring World War II. However, that relationship has been stressed in recent years. The UK shifted its focus for trade from China to Japan soon after… Read More ›
Research Paper Claims US Inflation May Be Impacted By ‘Amazon Effect’
An academic paper presented to some of the world’s top central bankers claimed that inflation may be getting affected by more frequent changes in pricing for goods and a rising tendency of pricing consistency because of the growth of online… Read More ›
Political Motivation Behind Huawei Not Being Allowed In Australia To Toll Out 5G: Huawei
The Australian government was criticized by Chinese smartphone maker Huawei alleging that it was being prevented from selling 5G products in Australia. National security was cited as the reasons for banning Shenzhen-based Huawei and its Chinese rival ZTE from tolling… Read More ›
Russia’s Answer To Tesla Is Kalashnikov’s CV-1 Electric Car
A Russian electric car made by manufacturing company Kalashnikov will give competition to Elon Musk’s Tesla Inc, claimed the manufacturer. A prototype of the new electric car – which eggshell-blue, was presented by the company which is behind the making… Read More ›
Discriminating Against Male Job-Seeker Results In Fine For A Belgian Shop
A shop in Belgium was directed to pay more than €13,000 in damages to a man. The man had been turned down for a job by the shop because the shop had wanted to hire a woman for the post…. Read More ›