According to an estimate by the UC Berkeley Center for Labor Research, if Wal-Mart Stores Inc were to raise the minimum wage for its hourly employees in the United States to $15 per hour from the current $10 per hour,… Read More ›
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Health of your Heart can now be Measured by New Home Scales
A set of scales that can check the health of your heart as well as your weight has been designed by consumer electronics firm Withings, the company claims. Pulse wave velocity, which is produced by the beating of the heart… Read More ›
Markets may Conflate Year’s Biggest Risks – ‘Brump’ or ‘Trexit’?
Two events that are being touted to have almost equal economic impact are drawing absolutely opposite reactions from the market which has puzzled many economists and market experts. While the market in Europe and specifically in the UK have seen… Read More ›
Non-oil Revenue Surge and Salary Clamp Down Planned by Saudi Reform Plan
While describing the reforms designed to reduce Saudi Arabian economy’s dependence on oil and build a sustainable future, ministers of the kingdom said that the country plans to more than triple the government’s non-oil revenues and clamp down on public-sector… Read More ›
Denmark – the Land where Negative Rates are Normal
While unemployment in Denmark is almost the lowest in Europe despite a minimum wage not far below $20 an hour and some of the world’s steepest taxes, the country clearly represents a place where the usual rules tend not to… Read More ›
Polls Show Momentum for Brexit Resulting in Fall of Pound and Volatility Jump
Reviving concern the June 23 referendum will throw global markets into turmoil and undermine confidence in the 28-nation trading bloc, polls showed more Britons favored quitting the European Union and the pound dropped to a three-week low. Three surveys on Monday… Read More ›
India Pitched Before Silicon Valley by the Country’s Market Regulator
With the intention of encourage more investment in his country’s thriving technology startups and to promote rule changes in his country protecting minority shareholders, the head of India’s financial markets regulator visited Silicon Valley this week. Investors in India’s over-4,000… Read More ›
Price Target on Apple Inc cut by Goldman Sachs
Reflecting an indication of a potentially lower growth rate from the smartphone industry, investment bank Goldman Sachs cut its price target on Apple on Thursday. Earlier, the bank had also reduced its forecast for the global smartphone unit growth. Goldman Sachs… Read More ›
India’s `Google Tax’ Introduced from June 1, Could Backfire
India has decided to take the fight to the mighty while governments around the world are shocked how little taxes multinationals pay. From Wednesday, the Indian government would collect 6 cents out of every dollar that Indian merchants pay to advertise their… Read More ›
China’s Industrial Robots Market is being Infested by Deceit
Domestic companies in China which have fraudulently obtained vast amounts of subsidies from various local governments have allegedly overrun the mainland China’s growing robotics sector say industry insiders. “The industry is now in a subsidies-driven bubble. It’s time to launch… Read More ›
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