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OpenAI starts talks with Microsoft about new funding and future IPO 05/12/2025

Markets Rally on US–China 90-Day Tariff Pause as Investors Brace for Protracted Talks 05/12/2025

Bayer to cut more than 200 employees in German crop protection products segment 05/13/2025

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Economics

India to invest $ 1.46 trillion in economic recovery after pandemic

Indian Prime Minister Narendra Modi said the country has succeeded in containing the coronavirus pandemic and announced $ 1.46 trillion in infrastructure projects to support the economy, the Associated Press reports. During his speech on the occasion of the 74th anniversary of India's independence...

Slow Down In China's Post-Pandemic Economic Recovery In July

Expectations of a modest rise in retail sales in China as dashed in July with consumers deciding not to spend on retail potentially because of their continued worries of the novel coronavirus pandemic. There was also slow progress in recovery for the factory sector in the second largest economy of...

Plans Of Launching Low Carbon Aluminum Platform By London Metal Exchange

Plans of launching of a spot trading platform for low carbon aluminum as well as a register where producers can voluntarily log their metal’s carbon-related details with the aim to support sustainable metal production was outlines by the London Metal Exchange on Thursday. While the plan...

China Urges US To Create Appropriate Conditions To Implement Phase 1 Trade Deal

The United States will put an end to its current policy of taking restrictive and discriminatory measures specifically targeted against Chinese companies in the US, hopes China. The country’s Assistant Minister of Commerce Ren Hongbin said on Thursday that Beijing also hopes that the...

France Suspends Morgan Stanley From Bond Deals

For three months Morgan Stanley has been barred from participating in bond deals informed the AFT. Morgan Stanley has been suspended by the treasury of France for three months, barring it from “bond deals”. Some “past deals” happens to be behind this ban on Morgan Stanley, as cited by the state...

Few American Firms View US-China Limited Trade Deal Worth The Hit Of Tariffs

Results of a new survey conducted by the United States- China Business Council show that there are only a handful of American companies that are doing business in China believe that the Phase 1 deal signed by President Donald Trump with China would be worth the cost that they have had to incur the...

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...