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 ›
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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 ›
Drugs Stockpiling In EU To Be Done By AstraZeneca For A Hard Brexit
Anticipating a no-deal Brexit, drug company AstraZeneca plans to enhance its stockpiles of drugs in Europe by almost 20%. There could be a possible hard Brexit in April 2019 and the European regulator has informed companies to get ready for… Read More ›
Nigerian National Carrier Launched, Aims To Fly To China And India
Nigeria is set to launch its new national carrier, Nigeria Air at the end of this year. According to a tweet by Tolu Ogunlesi, a communications official, no more than 5 percent stake in the new airline would be owned… Read More ›
One Third Of Global Economy Covered In EU-Japan Trade Deal
Tariffs on almost all exported gods were either reduced or completely eliminated in a new free trade deal that was signed between the European Union and Japan on Tuesday. The deal encompasses almost 600 million people and about one third… Read More ›
China To Ease Monetary Policy To Counter Trade War
Following the ongoing trade war with the United States, it is likely that China would announce a shift in its monetary policy from one that leverages to one that is able to buttress” growth. This after the second largest economy… Read More ›
Only Recycled Plastics Would Be Used By Adidas For Its Products By 2024
Adidas wants to become completely sustainable as soon as it can with respect to its products. The global giant of sportswear manufacturer has announced that it has committed itself of making use of only recycled plastic for its products by… Read More ›
More Nuclear Bomb Fuel Being Made By North Korea Despite Talks: US Intelligence
NBC news quoted US officials in a report which stated that in recent months, production of nuclear fuel for its nuclear weapons has been enhanced by North Korea in more than one site, according to US intelligence agencies. The agencies… Read More ›
Parts Of Chinese Economy To Be Opened Up Further To Foreign Investment
More parts of its huge economy and market would be further opened up to foreign investment, China has said. Restrictions in multiple sectors such as railways, shipping and power grids would be loosed or removed, announced the Chinese government late… Read More ›