The specter of a rising trade war and heightened tensions between the U.S. and China instilled fear among investors resulting in a drop in the global stock markets on Friday. While London’s FTSE 100 shed fell by 0.7% Germany’s DAX… Read More ›
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Part Time Relief From Trump Tariff On Metals To Be Granted To EU And Six Others Countries
In an announcement that was being expected by the European Union following meetings between executives of booth countries earlier this week, the block, along with six other countries would get temporary exemption from the Trump tariffs already announced by the… Read More ›
Business In U.S., Canada, Mexico Optimistic About NAFTA Despite Protectionist Environment: HSBC Report
The leader in the business world in the United States, Canada and Mexico apparently still have a positive outlook for the future despite the rising tensions between the countries with respect to the NAFTA agreement – negotiations to reset the… Read More ›
Airing Of Undercover News Report Results In Suspension Of Cambridge Analytica CEO Alexander Nix
Following undercover reports which showed Cambridge Analytica CEO Alexander Nix discussing potential bribery and entrapment, he was suspended by the company which has now become infamous for misuse of personal data of 50 million users of Facebook in the U.S…. Read More ›
Hefty Tax Bills Being Faced By Investors In Crypto Currencies
Experts are of the opinion that very soon taxes could be levied on the gains that traders and investors make from the trading of cryptocurrencies and with the highs that some of the digital currencies reach. Starting with less tan… Read More ›
Uber Self Driving Car Accident Kills A Woman In Arizona, Casts Shadow Over Other Such Test
A woman was struck and killed on Sunday night by an autonomous car of Uber – which also had an emergency driver at the wheels, on a street in Tempe, Arizona. Uber has cancelled all of its testing of autonomous… Read More ›
Rihanna’s Outburst Against Offensive Ad Sees $800 Million Wiped Away From Snapchat’s Market Value
Snapchat’s shares have been sent sliding this time by a celebrity – Rihanna. Opposing an offensive ad that was allowed to appear in the social media chat site, Snapchat was taken apart by the singer last week. approximately $800 million… Read More ›
Spring Travel Season In U.S. To See Record Number Of Flyers At 151 Million: Airlines For America
There will be an expected 4 per cent increase in the number of to fly globally on U.S. airlines between March 1 and April 30 this year compared to the same period last year and that number would be an… Read More ›
Capacity Cuts Results In Robust Profits For Listed Chinese Steel Companies
Steel prices saw a rise as there was reduction of outdated supply because of cuts in production capacity of China’s listed iron and steel producers resulting in most reporting strong profits for 2017. There was surge of net profits by… Read More ›
Here’s Why Broadcom’s Hostile Takeover Of Qualcomm Was Stopped By U.S.
China and 5G are the reasons, according to analysts, that U.S. President Donald Trump scuttled the largest ever tech deal of $117 billion. The White House cited “credible evidence” that the deal would potentially “impair the national security of the… Read More ›
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