Saudi Arabia is in the driver’s seat as the OPEC trade is back. Hedge funds were almost as bullish on the global benchmark as they’ve ever been as Brent crude prices were propelled beyond $60 a barrel for the first… Read More ›
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Focus On Electric Delivery Vans Is Being Given By Automakers
An often overlooked segment with big growth potential given tightening pollution restrictions in urban areas, is the humble delivery van that automakers are increasingly sparing a thought for in the rush toward electric vehicles. Many in the industry expect it… Read More ›
It’s Not Just An Automaker Now, Toyota Wants People To Know
Toyota Motor Corp. is a human movement company and this is what the Japanese car maker wants the world to know and wants to make it clear that it’s not only a car manufacturer. The attempt of the Japan’s largest… Read More ›
Get Ready To Be Interrogated If You Want To Fly To America
More detailed talks with their airlines might be required for travelers headed to America. Starting Thursday, additional screening questions on about 2,100 daily flights will required to be asked by carriers from asking U.S.-bound passengers according to directions from the Department… Read More ›
New Research Suggests That Economic Hypergrowth Could Result Due To Machine Learning
Artificial intelligence (AI) is already having a significant influence on everyday life, from Amazon’s Alexa learning which restaurants its users like, to Apple’s iPhone predicting the next word in a text message. What happens to economic growth if artificial intelligence starts generating… Read More ›
Trump Official Says China’s Slow Reform Disappointed The U.S.
Ratcheting up the pressure on the world’s second-largest economy ahead of President Donald Trump’s visit to China next month, the U.S. has been disappointed this year at China’s lack of progress in pursuing market-oriented reforms, said a senior administration official…. Read More ›
Fourth-Quarter Uncertainty Signaled By Top Oilfield Services
Activity could improve in the longer term as the global crude market comes into balance, said the world’s top two oilfield service firms on Friday but warned that weakness in offshore exploration and slower producer spending may weigh on current-quarter… Read More ›
Traders Operating In Europe Should Be Ready To Give Up Their Passport Number
Traders of any European asset class would be forced to hand over personal identification such as passport numbers to every venue they trade on due to a seldom-discussed aspect of the looming MiFID II laws which is a potentially a recipe… Read More ›
Lobbying For Immigrant ‘Dreamers’ To Remain In U.S. To Be Done By Tech Companies
With the demand for legislation that would allow young, illegal immigrants a path to permanent residency, nearly two dozen major companies in technology and other industries are planning to launch a coalition, according to reports by the media. The documents… Read More ›
Could There Be A Repeat Of The 1987 Stock Market Crash?
Despite healthy corporate earnings and economic growth, investors are concerned that steep valuations may mean a correction is overdue, on the 30th anniversary of the 1987 stock market crash, when U.S. stocks are at a record high. However, is a… Read More ›