In China, drug makers slash price and hope to recover the same in volume while some warn against commotion for the same in other drug markets. Various drug manufacturers, like Roche and Novartis’, are going to cut down prices in China by “an average of 61%” for their “newest drugs”. This step comes...

A slowdown in its domestic economy and the hit by the trade war with the United States is forcing China to make concessions to boost the economy. As a part of that effort, the Chinese government further reiterated its commitment to further open up its economy and increase the access of foreign...

In a move that is seen to possibly reduce the trade tensions between the European Union and the United States as the lawmakers of the economic block decided to increase the import of beef form the US.   However the EU also took a dig at the import tariffs imposed on metals from the EU by the...

Taking forward, Russia’s digital economic drive, the biggest bank of the country collaborates with Cognitive Technologies. Sberbank is the largest bank in Russia, which has ventured into “driverless cars” technology as it teamed up Cognitive Technologies, “AI transport developer”.   Both the...

Italy will continue with “F-35 fighter jets” investment plan, hoping to build on its previous investments and seizing the programme opportunities. The Defence Minister of Italy informed that the country will move ahead with the plan of investing on “F-35 fighter jets”. This statement came following...

Study looks beyond cost benefits and delved deeper in the health benefit of switching to renewable energy. According to a study, the U.S. Midwest seems to be the best place for investing in “wind turbines and solar panels” as compared to rest of the country for the installation in the said region...

Democratic lawmakers are "within range of a substantially improved" trade agreement with Canada and Mexico, said the Speaker of the House of the United States Nancy Pelosi on Monday.   However she also said that the Democratic law makers also demand that the progress that has been made in...

A report from Global Times, a tabloid run by China’s the ruling Communist Party's official People's Daily, claimed that China and the United States are 'very close' to a agreeing on a phase one trade deal. The report effectively dispelled a host of "negative" media reports that raised questions...

There was some relief in the global financial markets about rising possibility of the more than one year old trade war between the United and China would ultimately get diffused after the leaders of the two largest economies of the world both expressed and reiterated their intention to complete and...