Daily Management Review
Economics

Apple to invest €1B in Germany

Apple has announced that it will invest €1 billion in Germany in the coming years. Most of the money will go towards creating the company's European centre in Munich to develop memory chips for 5G networks and other mobile wireless communications equipment. According to Apple, the Munich facility...

European indices accelerate, German DAX breaks records

Europe's main stock exchanges accelerated by Monday evening, with Germany's DAX index breaking all-time records, trading data showed. In the evening, the British FTSE 100 rose 0.76% to 6679.65 points, the French CAC 40 rose 1.6% to 5872.26 points and the German DAX rose 2.45% to 14261.3 points....

For Travellers, Covid-19 Travel Insurance Is Now Becoming Mandatory

Insurance policies against Covid-19 while travelling or going on vacations are becoming as common as ensuring having passports and sunscreen which is expected to boost the insurance sector with more countries making it mandatory for travellers and holidayers to have such insurance in the...

US Suspends Tariffs On UK Goods Including Single Malt Scotch Whisky

The United States has suspended import tariffs on a number of goods from the United Kingdom including on single malt whiskies. The tariffs were imposed as a part of the case related to the subsidies to the aircraft maker Airbus.   Cheese, cashmere and machinery form the UK will also see...

US and Europe declare truce in trade war

The US and European authorities have agreed to end the trade war temporary. They have suspended all customs duties imposed as part of the dispute around Boeing and Airbus, stated the head of the European Commission, Ursula von der Leyen. According to her, a truce on the results of negotiations with...

Modest GDP Growth Target For 2021 Set By China Even As Economy Improves

China – the second largest economy of the world, has set itself a relatively modest annual economic growth at just over 6 per cent for the current year while also setting a target to create more jobs in its cities compared to last year as the economy slowly emerges from the hit to its economy last...

US Will Fight Chinese Trade Barriers, Says Biden's Trade Representative Choice

According to Katherine Tai, the nominee for the posy of trade representative of the United States as chosen by President Joe Biden, the new administration would continue to work to address a range of trade related issues with China including a number of "unfair" trade and economic practices of the...

Citi Says Bitcoin Is At A ‘Tipping Point’ Between Going Mainstream And Speculative Implosion

The Citigroup has said that the crypto currency bitcoin is at a “tipping point” and could turn out to be the currency of choice for international trading.   That helped the largest crypto currency of the world in terms of market cap to rise more than 7 per cent on Monday following some...

Musk Backs Cryptocurrencies By Saying The Prices ‘Seem High’

Earlier, Musk had stated that for him “holding Bitcoin” for an “S&P 500 company” seemed “adventurous”. Tesla’s chief executive officer, the billionaire Elon Musk has remarked that Ethereum and bitcoin process “seemed high” during the time when cryptocurrencies have been at their record high as...

US Fed: US economy will face new problems

The US Federal Reserve (Fed) has predicted new problems for the national economy, Reuters writes. The US central bank's management spoke about possible threats in a speech before Congress with the traditional report for the last six months. According to the Fed's assessment, there remain...
1 2 3 4 5 » ... 253