The dollar declined after the US Federal Reserve System (FRS) warned about a faster pace of rate hikes this year. Concerns over the upcoming announcement of US President Donald Trump about trade restrictions are putting pressure on Asian stocks, reports Reuters. The Japanese Nikkei 225 index added...

Europe is soon to impose higher taxes for etch tech companies like Google, Amazon and Facebook.   The new taxation policy is based on calculation of taxes for tech companies on the place of generation of revenue instead of the convention of calculation of taxes where it is headquartered,...

A legal suit has been filed in the U.S. against Facebook Inc. and the U.K. based data analytics and political consulting company Cambridge Analytica over allegations of misuse of personal data of over 50 million American users of Facebook during the U.S. presidential elections of 2016.  ...

German chemical concern Bayer AG overcame an important obstacle to the purchase of the American producer of seeds and agricultural chemical products Monsanto Co. for $ 66 billion. The European Union approved the deal after Bayer agreed to fulfill the necessary conditions for this, reports...

It has been over a decade that China has been a top importer of specialty gas. But now China itself is set to become an exporter and to turn out as a producer than a consumer given the growing capacity that it has created for itself with respect to various specialty gases.   "China's...

Chinese HNA Group Co. plans to sell real estate, mostly hotels and office buildings throughout China, as the troubled conglomerate is trying to pay off its debts. This is reported by Bloomberg referring to sources familiar with the situation. According to the interlocutors of the agency, among the...

Philips Lighting will change its name to Signify. The new name underscores new opportunities for providing lighting. "Light today has become clever, it can integrate into systems, collect and transfer data and change the idea of the possibilities of light," - says Philips Lighting. Under the terms...

The main indices of the US stock market fell amid growing fears in the US of the response of the authorities of China to import duties of the Trump administration. Following the auction on the New York Stock Exchange on Wednesday, March 14, the Dow Jones and S&P 500 index fell by 1% and 0.6%...

Walmart is now focusing on home deliveries in a direct challenge to Amazon,com in the U.S.   The largest retailer of the world would make available delivery of groceries to the door step of people in 100 metro cities in the U.S. by the end of the year. This would be a new leaf for the...