According to a business school professor, bike sharing business could become less profitable for companies because of a shortage of brand loyalty, poor consumer behaviors and faults in prediction of future regulations. The comments were made in connection to the… Read More ›
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A Good Year For UK Manufacturing Can Be Hampered By Brexit Worries And Trade War
A devalued sterling and a buoyant global economy had driven strong growth in British manufacturing – exhibiting a good performance in the last 12 months. But the danger pints for the coming year are uncertainties over Brexit and the U.S…. Read More ›
Japan Needs To Be Cautious Of The ‘Strong Dollar’ Complaint Of Trump: Finance Ministry Official
There is need for Japan to be cautious in relation to the recent remarks made by United States President Donald Trump about currencies and there could be requirement for Tokyo to convince Washington that the aim of monetary easing in… Read More ›
Trade Tariffs Impacting Global Economy, G20 Economic Leaders Warned By IMF
Global growth could be significantly impacted by the recent spate of trade tariffs, warned the International Monetary Fund (IMF) targeted at the world economic leaders. The warning comes barely after a few days of United States President Donald Trump issuing… Read More ›
India Adopts Net Neutrality – A Concept That The US Rejected In June
India adopted a policy of net neutrality this month bring an end to years of campaigning in favor of an open and free internet in the country which is ranked second in terms of population. This adoption assumes greater significance… Read More ›
Biggest Aussie Steel Firm Turns To Solar For Energy Needs
With the aim of reducing energy costs and enhancing reliability, investments in a major new solar farm is being made by Australia’s biggest steel company. The largest ever solar purchasing agreement in Australia was signed recently between Bluescope and ESCO… Read More ›
Retaliation Could Be Faced By Trump Administration and US If Car Tariffs Are Imposed
In case the Trump administration in the United States places new tariffs on foreign cars and vehicle parts, there will be retaliatory action as threatened by the EU, Mexico and Canada. The threat was delivered by the countries to a… Read More ›
Steps To Tackle Trump Tariffs Being Worked Out By Amazon, Toyota, Alcoa And Others
Measures to mitigate the impact of Trump tariffs and to get ready for new tariffs are being worked out by some of the larger companies in the United States such Amazon.com Inc, Toyota Motor Corp and Alcoa Corp./ While the… Read More ›
Surprise Steadiness In UK Inflation – Weighed Down By Summer Sale
The fall of clothing prices in the United Kingdom resulted in the rate of inflation remaining at 2.4% for the third month in a row in June, shows data from the Office for National Statistics. It has been expected last… Read More ›
US Business Being Scaled Back By Chinese Bike-Sharing Firm Ofo
Expansion plans in the United States is being scaled back by Chinese bike-sharing startup Ofo. The firm says that it was is in the process of laying off staff throughout the country even though it is less than a year… Read More ›