Analysts claim that the economic health of China is in a far worse shape than is suggested by its economic figures even before the economy is to feel the complete impact of US tariffs. A national inflation-adjusted growth rate of… Read More ›
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Alibaba’s Ele.Me Wants Leadership Position In Chinese Online Food Delivery Market
The Chinese food-delivery market is likely to see a direct fight between Chinese e-commerce giant Alibaba and tech giant Tencent. The former is reportedly setting aside hundreds of millions of dollars which it intends to put to use this summer… Read More ›
EU Warned By UK Of Tit-For-Tat Steps On Financial Sector Post Brexit
If the European Union does not change its stance on the City of London after Brexit, then there could be regulations for about 7,000 European-based investment funds which depend on British clients for their cash and profits, warned the UK negotiators… Read More ›
Caterpillar Beats Market Estimates For Q2, Increases 2018 Profit Outlook
Caterpillar Inc beat market expectations on earnings for the results in the second quarter driven by a good demand in the global equipment market. The company also upgraded its profit outlook for the complete the year. An adjusted profit of… Read More ›
Warning Against Bias Of Face Recognition Tech Given By Google Executive
According to a warning from a top Google executive, the technology behind facial recognition does not yet have “the diversity it needs” and has “inherent biases”. This remark from the director of cloud computing at Google was made following a… Read More ›
Heatwave Made ‘Twice As Likely’ By Climate Change Because Of Human Activities
Scientists have claimed that the current Europe-wide heatwave has been made twice more likely to reoccur because of climate change because of human activities. The conclusion was arrived at following comparison of the present high temperatures with the historical data… Read More ›
While Questions On Soy Remain, There Is Ease In U.S.-Europe Trade Tensions: Germany
German Agriculture Minister Julia Kloeckner said on Saturday that there has been some improvement in the trade relationship between the United States and Europe. But Kloeckner also added that the quantity of soybeans that Washington expects would be bought by… Read More ›
Price Of BMW’s US-Made X5 And X6 SUVs Sold In China Increased Due To Trade War
In order to cover up with the additional costs of tariffs on US car imports into the world’s biggest automobile market, the prices of two US-made crossover sport-utility vehicles in China has been announced to be raised by German carmaker… Read More ›
BRICS Resolution Against Protectionism Supported By S. African Business Community
The business community of South Africa have come out strongly in support of the BRICS resolution taken that opposes policies of trade protectionism and which proposes the adoption of rules based on multilateralism. This was the outcome of a high-level… Read More ›
Original Programs Planned By YouTube For Local Markets Of India, Japan And Others
With the aim of attracting consumers to its paid subscription service, scripted series and other original programming is being created by Alphabet Inc’s YouTube for some of its international markets which include France, Germany, Japan, Mexico and India, according to company… Read More ›
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