The challenges that are faced by India in setting right the government funded and debt-ridden airline Air India through sell off became evident after the government did not manage to find a single buyer by the end of the deadline… Read More ›
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Why Global Investors Are Worried About The Italy Political Crisis
Global investors are apparently freaked out by the political crisis in Italy. There were demands by investors for higher returns against them taking on Italian government debt even as there was a downslide in the global markets on Tuesday. There… Read More ›
AirAsia’s Expansion Plans In India Hit By Probe Against Its Boss
Allegations of possible bribery to change local airline policy in India are being investigated by security agencies in India against Tony Fernandes, the chief of AirAsia Group. According to media reports in India quoting an official from the Central Bureau… Read More ›
US Defense Secretary Says US Will Keep Challenging China In South China Sea
South China Sea, the region where China has managed to create significance military presence, would be continued to be challenged by the United States, said the country’s defence secretary Jim Mattis. U.S. wants to challenge the territorial claims that China… Read More ›
Business Confidence In Brazil Falls In May, Could Fall More In June Due To Truck Strike
A report that was released earlier in the week noted that the slow pace of economic recovery in Brazil had dragged down its business confidence index (BCI) for the month of May to its lowest point since November 2017. The… Read More ›
Plastic Cutlery, Straws And More Is Planned To Be Banned In Europe
With the aim of cleaning up the oceans, a ban on single-use plastic items such as cutlery, straws and cotton buds is being proposed by Europe. 10 items have been identified by the European Commission for banning which accounts for… Read More ›
People Will Not Be Rendered Jobless Because Of Robots: Satya Nadella
According to Microsoft CEO Satya Nadella, people would not be rendered completely jobless by robots even in the situation of a “runaway Artificial Intelligence (AI)” scenario. Nadella said during an interview that people will always desire to have a job… Read More ›
Study Shows Switzerland Fast Catching Up With US And UK In Crowdfunding, Touches Record High
With a total volume of CHF 374.5 million, the market for crowdfunding in Switzerland touched a record high in 2017, the figure is nearly thrice the volume a year earlier. The latest Crowdfunding Monitoring report issued by the Lucerne University… Read More ›
Study Claims Disease In Stomach Can Be Diagnosed By Bacteria On A Chip
Bleeding in the stomach or other gastrointestinal problems can now be easily detected by an ingestible sensor that has a genetically engineered bacteria that has been developed by American researchers. The study, published in the journal Science, describes the new… Read More ›
Agreement To Many Eurozone Banks Less Risky Reached By EU Finance Ministers
A consensus has bene reached between EU finance ministers to make bank regulations stricter which essentially meets a crucial German condition that was given to allow for any larger agreement on reforms in the eurozone. Berlina and other northern eurozone… Read More ›
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