A report issued by the economic planner of China said that administrative costs will be reduced over a number of sectors. Dailymanagementreview.com, Beijing – 24 September 2015 – In an announcement made by the economic planner of China on Thursday, revealed that there are plans of lowering twelve...

A year after the US Treasury started actions against US companies transactions that allow escaping the US tax jurisdiction (tax inversion), local experts see no tangible results. Many US companies manage to merge with foreign companies, and then the headquarters of the combined company is simply...

Everyone is alarmed with the new word ‘diversification’ in Tilbury (one of the three largest container ports in the UK). Less space is allocated to traditional container transportation. Instead, the owners of the port are investing in new projects. A giant metal frame soon will turn into a...

Consumers in Iran are reportedly holding off on purchases of domestic goods and waiting for foreign brands and products to arrive as the country reached a nuclear deal that will open its markets to the world.   However officials fear that an economic stagnation like situation might occur due...

The French Commission for the Information Technology and Human Rights (Commission nationale de l'informatique et des libertes, CNIL), the main body of the country in the field of protection of personal data of citizens, rejected on Monday a lawsuit of Google, aimed at the abolition of the "right to...

The term "invisible hand" descended from Adam Smith. It means the market mechanism of the economy self-regulation. According to the great Scotsman’s theory, individuals in a free market economy are guided by their own interests, as though directed by an invisible hand, and their actions...

The average asking price of UK homes was up by 0.9% to reach £294,834 in the month of September noting a record high for the industry.   This was noted in the Rightmove House Price Index released on Monday which attributed the demand to cheap borrowings even in the wake of limited...

Finland faces a shutdown on Friday due to a failure in settling wage related issues of the workers. As per the B.B.C News the “news agencies” have reported that on Friday, Finland was facing a country-wide strike which has been triggered off by an anti-austerity movement. Moreover, the strike had...

The Bank of England released its recent report which stated that almost half of the cash being circulated is involved in illegal activities. The Guardian reports that almost fifty percent of UK’s “banknotes in circulation” are involved in illegal activities like prostitution and drug deals or else...