Daily Management Review
Economics

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...

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...
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