This is indicative that the money fuelling dirty fossil fuels will be better utilised elsewhere. This could also give rise to a slew of lawsuits that oil companies have been misleading shareholders on the impact of their business on global… Read More ›
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Chinese State Media Warns Of A Looming Trade War Between India-China
Two Chinese state media reports said on Tuesday that after New Delhi imposed anti-dumping duties on 93 Chinese products amidst a military standoff in Doklam area, a trade war seems to be looming between India and China. New Delhi was… Read More ›
This Nordic Bank Is Turing Away Corporate Cash Because It Doesn’t Want It
Danske Bank A/S, Denmark’s biggest lender does not want the excess cash of corporates held with it and it is telling its corporate clients to think hard about what to do with their excess cash before Dec. 31. Denmark still… Read More ›
Japan Is The Country Where Probably Robots Would First Take Over, If They Ever Do So
Starting with everyday workers who fear being replaced by machines to visionaries like Elon Musk, who once compared A.I. to “summoning the demon” in a horror film, artificial intelligence has no shortage of critics. But according to Rob Subbaraman, chief economist… Read More ›
Major Headaches For Investors Is Being Cause By The Euro Zone’s Third Largest Economy — And It Might Get A Lot Worse
The third largest economy of euro zone remains a major headache even when most of the euro zone seems to be flourishing. Even though recent data have come in above forecasts, Italy is dubbed by many analysts as the biggest… Read More ›
As People Fall Back In Love With The Road Trip, RV Sales Soar Across Europe And US
Back and picking up a new generation of eager fans just wanting to hit the road are recreational vehicles (RVs), caravans, campervans or motorhomes – whatever size they are. After the euro zone debt crisis of 2013 and the financial… Read More ›
Beijing Worried About Rising Chinese Steel Prices
The Chinese government is getting worried about striking the right balance on the markets as China’s steel prices are rising. Even as the government seeks to find economic growth outside of heavy industry and manufacturing, China, the world’s largest steel… Read More ›
Growing Resistance Meets U.S. Push For Freer NAFTA e-Commerce
Emerging as a flashpoint in an upcoming renegotiation of the NAFTA trade deal is a U.S. proposal for Mexico and Canada to vastly raise the value of online purchases that can be imported duty-free from stores like Amazon.com and eBay…. Read More ›
Costs For Cakes And Pastries Expected To Skyrocket As Butter Prices Spark ‘Major Crisis’ In Europe
At a time when prices are skyrocketing, stockpiles are running low and dairy giants are warning of an imminent shortage, Europeans are consuming more and more butter. Market fears of a European butter shortage cannot be ignored, said Chef Séverine… Read More ›
U.S. Fintech firm Fiserv offers to acquire UK-based Monitise for $98 million
Fiserve has managed to secure a significant 9.9% of Monitise’s issued share capital in its bid, thus ensuring that the bid is likely to sail through. Fiserv, a U.S. fintech company has upgraded its offer to $98 million (75 million… Read More ›