As per the results of a survey released on Tuesday, business confidence in Britain has begun to feel the impact of the Omicron variant this month. The development comes at a time of the country is experiencing an increase in… Read More ›
business confidence
CFOs of Britain’s 100 biggest companies have reduced risk appetite due to coronavirus pandemic
According to the results of a survey published on Monday by Deloitte, large companies in Britain expect the coronavirus to reduce their sales by more than a fifth this year. They expect the impact of the coronavirus to be worse… Read More ›
Bank of America slashes global economic growth to lowest since 2009 financial crisis
On Thursday, Bank of America cut its world growth forecast to the lowest level since the peak of the global financial crisis in 2009. “We have cut our 2020 global growth forecast to 2.8% (from 3.2%). This would be the… Read More ›
China’s growth rate of industrial output for July touches 17-year low
On Wednesday, data from China’s National Bureau of Statistics showed that in July the country’s growth in terms of industrial output touched its 17-year low nadir, a pointer to growing cracks in its economy which comes at a time when… Read More ›
PBOC survey reveals drop of business confidence among Chinese entrepreneurs
The results of the survey assumes significance given the current geo-economic tensions with the United States. On Monday, going by the results of a survey that was published by China’s central bank – the People’s Bank of China, business confidence… Read More ›
China registers highest trade surplus levels with U.S. in June since Dec. 2017
The data could potentially prolong and deepen the ongoing trade war. Official data from the U.S. shows, Beijing’s exports to the United States, have unexpectedly risen to record highs. China’s trade surplus with the U.S. peaked in June and could… Read More ›
Uber Technologies almost out of the woods after adopting improved corporate governance and SoftBank deal
Although the measures adopted by Uber Technologies significantly shores up its corporate governance and reputation, it has however ticked off early Uber investors since it cuts off their super-voting rights which gives them 10 votes per share. This could potentially… Read More ›
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