A leading international body in the wine industry has said that there has been about a 10 per cent drop in wine production across the globe in the current year as the most unfavorable weather conditions hit the major wine producing countries of France, Italy and Spain.   The global output...

A new venue where the United States President Donald Trump and Chinese President Xi Jinping will sing the so called ‘phase one’ of the trade deal between the two countries would soon be announced by China, Trump said on Thursday.   The Asia-Pacific Economic Cooperation summit that was...

IEA reports that offshore wind turbines have the capacity to help the world in reaching sustainable energy targets by reducing cost and CO2 emissions. As per the International Energy Agency, offshore wind could be the foundation the world was looking as renewable energy source.   It is...

All those restrictions that were not included in its self-styled "negative lists" on foreign investments would be lifted by China, said the vice-commerce minister of the country. Beijing will also "neither explicitly nor implicitly" force transfer of technology to domestic companies by foreign...

French group LVMH took interest in the American jewelry company Tiffany, and is already negotiating with its owners, according to sources from Bloomberg and FT. Although the parties have not signed any documents yet, the acquisition may be the largest for LVMH, which already owns brands such as...

The share of risks associated with climate change for economies continues to grow, raising the green agenda to the level of financial regulators and the International Monetary Fund (IMF). The IMF is getting ready to include climate threats in economic analytics. It was announced at a recent annual...

The trade war between the United States and China will force a change in the global supply chains which will result in an increase in mergers and acquisitions in the coming year according to opinions expressed by more than half of deal makers, said a new report on the issue.   According to...

Carbon Tracker, a think-tank that is focused on examining the impact of climate change on financial markets, has claimed that no profits are made by at least four-fifths of coal-fired power plants in the European Union.   The study, which was published in a the form of a new report recently,...

South Korean economic growth in the III quarter slowed more than expected, according to preliminary data from the Bank of Korea. South Korea's GDP increased by 0.4% compared with the previous quarter after rising by 1% in the II quarter. Analysts surveyed by Bloomberg predicted growth of 0.5%....