This is part of its strategic cost cutting move to at least $1.2 billion by mid-2018. Svenska Dagbladet, a Swedish daily has reported citing anonymous sources familiar with the matter at hand, Ericsson is likely to lay off 25,000 employees… Read More ›
A loss of professional talent due to Brexit is what the City of London, home to the U.K.’s largest trading and financial services, is suffering from, according to a warning of U.K. job recruitment agency. “The City is still haemorrhaging… Read More ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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