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 ›
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 ›
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 ›
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 ›
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 ›
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 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 ›
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 ›
France has been threatened again. And this time it is the labor unions and students’ unions who have said that the country would be brought to a halt when it hosts the 2016 UEFA European Championship soccer tournament next month…. Read More ›
The international scene has been marked over the past few years by the increased role of Denmark in the concert of nations. Much has been happening in the northern kingdom, both on the domestic scene and abroad. While the country… Read More ›
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