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 ›
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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 ›
MNCs poring over new U.S. tax code find loopholes to minimize their tax profile
While the new tax code was meant to simplify tax compliance, it has introduced more complications and ambiguity, all of which can be exploited. The tax-dodging strategies discussed here with comments from tax experts and lawyers are indicative of how… Read More ›
Plunge In Market Saw $200 Million In A Single Day For Goldman Sachs
Its boom-time for at least one trading desk at the Wall Street. According to media reports citing people with knowledge of the matter, on a day in February when the serenity of the stock market was suddenly shattered by an… Read More ›
Mark Zuckerberg Accused Of Avoiding Questions Of Lawmakers Of European Parliament
While apologizing for the mistakes by the company, Facebook CEO Mark Zuckerberg failed to impress the European lawmakers as he apparently dodged their questions. Political leaders and lawmakers at the European Parliament in Brussels spent about 8u0 minutes in questioning… Read More ›