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BlackRock’s Private Equity Fund Arm Turns The Largest Investor For Authentic Brands Group 08/19/2019

Microsoft admits wiretapping users 08/15/2019

Eurozone economy slows down in Q2 08/15/2019

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Economics

More than 50 companies are leaving China due to trade war

More than 50 companies, including Apple and Nintendo, have announced or are considering plans to move production from China to avoid US duties, according to Nikkei Asian Review. American manufacturers of personal computers HP and Dell can transfer up to 30% of their production of laptops from China...

Chile Falters In Lithium Production , Misses Chance To Jumpstart EV Battery Industry

The chance of the South American national Chile being able to not only woo South Korean electronics giant Samsung and other corporate investors into the country to produce battery parts for electric vehicles in three factories there, it has also lost the opportunity to itself jumpstart its own EV...

OPEC expects overproduction on global oil market

The International Energy Agency (IEA) forecasts overproduction of oil in the world. “Our balance sheet shows potential overproduction next year from non-OPEC states, especially from the United States. In the first half of 2019, the supply of oil exceeded the demand by 900,000 barrels per day,”...

China’s Q2, 2019 Growth Slowest In 27 Years

The second quarter 2019 economic growth of China touched a 27 year old low at 6.2 per cent reflecting the pressure on its economy because of lowering of demand both domestically and abroad amidst the ongoing trade war with the United States. While there were some indications of...

‘Crypto-Assets Do Not Pose A Threat To Global Financial Stability’: G20 Leaders’ Joint Declaration

The Leaders of G20 is committed towards fostering global economic growth through “technological innovation” while maintain close watch on crypto assets’ development and “emerging risks”. The G20 Japan’s summit held in Osaka ended with a joint declaration on “crypto assets”, wherein they defined...

Global PC shipments grow by 5% due to fear of trade wars

Worldwide shipments of traditional personal computers (PCs) in Q2 2019 increased 4.7% to 64.9 million units. One of the reasons for the increase in demand is the expected rise in prices due to trade wars, according to a study by International Data Corporation (IDC). "This growth is noticeably...

OECD assesses benefits of 5G

The new generation of wireless networks - 5G - will contribute to economic growth by increasing productivity and stimulating innovation, as well as will prompt development of new forms of competition in the telecommunications market, the Organization for Economic Cooperation and Development (OECD)...

India E-Commerce Rules Regressive, Wallamrt Had Warned US Government In January: Reuters

Days before the United States and India is set to start discussions on trade in New Delhi, the US government has been privately informed by Walmart – the largest retailer of the world, that the new investment rules for e-commerce in India were regressive and could impact the trade ties between the...

South Korea Says Export Curb By Japan Could Be An Extended One

There are chances of prolongation of the export curb imposed by Japan on key materials used by South Korean technology firms, said South Korea's president on Wednesday. President Moon Jae-in said that his government would try and reduce their reliance on Japanese suppliers and would be making sharp...

Reuters Poll Suggest Drop In China June Exports

According to the outcome of a Reuters’ poll, the second largest economy of the world – China, has been impacted by weakening global demand and a sharp hike in U.S. tariffs and its exports for June likely had dropped. If the poll results turn out to be true, it would be the second...