Daily Management Review
Economics

Record Quarterly Slump In UK Economy In Q2, Pushed Into A Deep Recession

The United Kingdom reported its worst ever quarterly drop for the second quarter with a 20.4 per cent slump in its Gross Domestic Product (GDP). This pushed the country into the worst recession being encountered by any major economy.   The second quarter cash in UK’s GDP compared to the...

Pandemic Effect: Universities Across The World Flock To The Bond Market For Cheap Funds

Many of the renowned universities in the United States, United Kingdom and elsewhere are rushing to the bond markets this year to raise money at a pace that is faster than the sale of bond for companies even as they await to see the impact or the novel coronavirus pandemic on overseas enrollments...

National Security Law Reaction: US To Label Exports From Hong Kong As “

The United States government has issued a notice to put the label of “Made in China” for all good that are manufactured or produced in Hong Kong and exported to the US from September 25.   This means that companies of Hong Kong would have to face the same rate of tariffs for us exports that...

The First Ever Detailed ‘Net Zero Investment Framework’

IIGC’s framework is the first to present “practical guidance” for the investors in decarbonising portfolios and boosting investments to find solutions to climate change. On Wednesday, 05 August 2020, the world gets the first ever “step-by-step plan” that guides “pension funds and others” to have...

Chocolate May Not Be Cheaper For Fans Despite Predicted Drop In Cocoa Prices

Despite a predicted fall in the prices of coca this year, it will potentially not benefit the fans of chocolate.     According to a pool of London cocoa futures conducted by the new agency Reuters and published on Monday, by the end of the year, the prices of cocoa will go down by about...

A Possible Historic Contraction Happened In The US Economy In Second Quarter: Reports

More than five years of continuous growth was potentially wiped off the economy of the United States in the second quarter by the novel coronaviruss pandemic which hit consumer and business spending resulting in a possible contraction in the period at a pace that was the steepest since the Great...

Global Airlines Likely To Completely Recover To Pre-Covid-19 Levels Only In 2024

According to the International Air Transport Association (IATA), the apex industry body for global airlines has predicted that it would not be until 2024 that the industry would be able to return back to pre-crisis levels in terms of business.   The IATA had previously estimated that it...

OPEC Considering For An Era Of Declining Global Oil Demand: Reports

Minds in Organization of the Petroleum Exporting Countries (OPEC) are focusing on a probably tipping point got global oil demand which may have been triggered by the novel coronavirus pandemic.   Earlier this year, travel restrictions and lockdowns imposed to prevent the spread of the...

Geopolitical Issues Cloud Global Ambitions Of Chinese Tech Companies

Some of the better known Chinese companies in the global technology arena, including names such as the drone-maker DJI, artificial intelligence companies Megvii, SenseTime and iFlytek, surveillance camera vendor Hikvision and e-commerce conglomerate Alibaba Group, are apparently losing out access...

Response To Chinese Action: EU To Limit Export Of Tech To Hong Kong

Transfer or export of any technology to Hong Kong that could be used by Chinese authorities to for repression or surveillance in the city will be limited by the European Union, claimed a report published by Reuters citing information from a  EU draft document. This is the first concrete...
1 ... « 158 159 160 161 162 163 164 » ... 391