Royal Dutch Shell Plc accelerated its drive to shed assets on Tuesday by agreeing to the sale of fields in the North Sea and Thailand for as much as $4.7 billion as it looks to pare debt swollen by last… Read More ›
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If Trump Immigration Ban Snares Britons, U.K. will Act, says May
Saying that she does not agree with the approach, U.K. Prime Minister Theresa May broke her silence over President Donald Trump’s U.S. immigration ban on Muslim-majority nations. After the U.S. President temporarily froze the entry of other refugees and prohibited entry… Read More ›
As E-Books Falter, Ink and Paper is the Bet for German Media Giant
‘No’ is the answer to the question of whether paper books – those things printed in ink on paper, been killed by the advent of e-readers such as the Amazon Kindle. And if Thomas Rabe is to be believed, the… Read More ›
ECB Tells Critics to ‘Be Patient’, Maintains Stimulus
The president of the European Central Bank Mario Draghi, told critics of his stimulus path to be patient and wait for the euro zone’s recovery to take firm hold as the bank kept its super-easy monetary policy unchanged as expected…. Read More ›
Deal for First ‘Floating City’ Signed by French Polynesia
With the hope that the move would pave the way for autonomous floating cities around the world, Bottom of Form French Polynesia has signed an agreement for creating floating city on the sea. California’s Seasteading Institute is the executing agency… Read More ›
VR Allegations Dismissed by Mark Zukerberg
Seemingly apparently unfazed by accusations his company stole innovative virtual reality technology, Facebook founder Mark Zuckerberg appeared in court – all suited and booted. Apart from confirming that Facebook’s deal to buy VR company Oculus was even more expensive than… Read More ›
Global Survey Shows All Time Low Levels of Trust in CEOs
A global report by public relations agency Edelman claims to have found that there is a crisis of public trust in business, institutions, government and non-governmental organizations (NGOs). Ahead of the publication of the 2017 Edelman Trust Barometer, agency CEO… Read More ›
HSBC Says, as Demonetization Effect Ebbs, India Set To Be Asia’s Standout Economy
According to a new report from HSBC, as the growth outlook for the broader Asian region looks challenging due to subdued trade, tighter financial conditions and weak capital expenditure, India is expected to be one of region’s standout performers this… Read More ›
France’s Macron says Euro May Not Exist in 10 Years
French presidential candidate Emmanuel Macron has said that if Paris and Berlin fail to bolster the single currency union, the euro may not exist in 10 years’ time. However at the expense of weaker member states, the current system benefited Germany,… Read More ›
As Cash Crunch Hits Indian Stone Cutting, Global Diamond Business Roiled
As a direct fall out of the Indian Prime Minister Narendra Modi’s radical move to abolish most of the nation’s cash overnight, the global diamond industry is facing disruption that could stretch through the first few months of next year,… Read More ›
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