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Debdutta Ghosh


Long Way To Go For Coronavirus Vaccine, Say Drgumakers

There is a long way to go for finding a vaccine or effective treatment for the deadly new coronavirusm, cautioned drugmakers who are trying to find a cure for the
Published on February 7, 2020
By Debdutta Ghosh

China Reduces Tariffs On Certain US Goods By 50% Amidst Rising Virus Spread Concerns

Amidst the coronavirus scare and the death toll because of the virus rising, the Chinese government has announced reducing import tariffs on 1,717 goods from the United States by 50
Published on February 7, 2020
By Debdutta Ghosh

Fourth Quarter Loss Of $1.7 Billion And Weak 2020 Forecast Reported By Ford

Worse than expected fourth quarter results from Ford pushed its shares down by 9.5 per cent pm Tuesday. The United States based auto major made a loss during the quarter
Published on February 5, 2020
By Debdutta Ghosh

Volkswagen’s Skoda Pins Its India Revival Hopes On Tougher Emission Norms

The hope that the Indian government will enhance the regulations for cars sold in India to levels that are comparable with the developed market is being latched on to by
Published on February 5, 2020
By Debdutta Ghosh

UK And EU Both Insist They Can Walk Away Without Any Deal

Both the United Kingdom and the European Union have said that they are willing to walk away without making any deal than to compromise on issues crucial for them with
Published on February 4, 2020
By Debdutta Ghosh

Coronavirus Outbreak Has Not Stopped Production At Some Chinese Tech Firms

Even though the Chinese government and authorities in various cities and regions have called for companies to shut down to prevent the spread of coronavirus, there are some tech companies
Published on February 4, 2020
By Debdutta Ghosh

Unapproved Drug For Coronavirus Treatment And Testing Given By Gilead Sciences

Doctors dealing with treating patients of the new coronavirus have been provided with an experimental antiviral drug for emergency treatment by Gilead Sciences Inc., the organizations said on Friday. The
Published on February 2, 2020
By Debdutta Ghosh

Tough Year Signals For Oil Producers Shown By Results Of Exxon And Chevron

Signals that the 2020 could be a tough year for the oil companies were seen in the quarterly results of the two largest oil producers of the United States –
Published on February 2, 2020
By Debdutta Ghosh

Growth Of Online Shopping Has Seen Rise Of New Form Of Cyber Stealing – e-Skimming

Consumers facing threats while at the gas pump or ATM from skimmers or hidden devices that are created to steal credit card information is nothing new. However now hackers have
Published on January 31, 2020
By Debdutta Ghosh

Coronavirus Death Toll 204 In China, US Asks Americans Not To Go China

Amidst the World Health Organization (WHO) declaring the coronavirus in China to be a global health emergency, the United States has asked its citizens to not travel to China. The
Published on January 31, 2020
By Debdutta Ghosh

Coronavirus: Supply Disruptions Fears For Indian Smartphone Makers

Smartphone production in India could get disrupted is the impact of the deadly coronavirus outbreak in China drags into February, said industry executives in India. This is because of the
Published on January 31, 2020
By Debdutta Ghosh

US Again Warns UK On Its Decision To Allow Huawei In 5G

While the United States again opposed the decision of the United Kingdom of allowing the Chinese tech giant to participate in the roll out of 5G mobile networks and warned
Published on January 30, 2020
By Debdutta Ghosh

Ikea, Starbucks And Others Temporarily Close Stores In China Fur To Coronavirus Outbreak

The rapid spread of the coronavirus in China has forced the Swedish homewares giant IKEA to temporarily close down all of its stores in the country to prevent further spread
Published on January 30, 2020
By Debdutta Ghosh

Maturing Business Causing Slow Growth, Warns Facebook As Expenses Remain High

With its business maturing, its growth will continue to slowdown, Facebook warned while reporting a disappointing increase in its expenses for the latest quarter which disappointed analysts who were expecting
Published on January 30, 2020
By Debdutta Ghosh

EU Defies US Pressure Also Allows Huawei In 5G Networks In Europe

The much anticipated guidelines for its member countries on including the so called high-risk vendors like Huawei in the process of construction of 5G mobile connectivity networks have been issued
Published on January 29, 2020
By Debdutta Ghosh

McDonald’s To Spend More On Tech And R&D In 2020

The revamped strategy of one of the largest fast food chains of the world McDonaldโ€™s of restructuring its stores and adding more food items to its menu to lure in
Published on January 29, 2020
By Debdutta Ghosh

Coronavirus Fears Impacting Global Oil Markets, Saudi Arabia Seeks To Calm Fears

While global oil markets have reacted strongly to the threat of the spread and impact of the new coronavirus on oil demand, one of the largest oil producers of the
Published on January 28, 2020
By Debdutta Ghosh

Coronavirus Outbreak In China Could Hit Supply Chain Of Apple

The rapid spread of the coronavirus in China that has killed more than 100 and spread to large parts of the country have severely affected the supply chain partners of
Published on January 28, 2020
By Debdutta Ghosh

Critics Surprised By Tough Action Against Well Fargo By US U.S. Bank Regulator

Eight former executives at the scandal-ridden lender Wells Fargo have been slapped fines totaling more than $58 million by a bank regulator of the United States. Analysts view this move
Published on January 25, 2020
By Debdutta Ghosh

Live Facial Recognition Cameras Will Be Used By London Police

The police in London will now use live facial recognition technology to enable law enforcers to more easily identify suspects and manage the city. This controversial plan was announced by
Published on January 25, 2020
By Debdutta Ghosh

US Will Not Give Visas To Pregnant Women To Prevent Organized ‘Birth Tourism’

United States president Donald Trump has now taken his fight against immigration a step further by announcing that no visas would be given to any pregnant woman who wants to
Published on January 24, 2020
By Debdutta Ghosh

Goldman Sachs Will Not Accept Firms For Listing Without A Female On Its Board

Goldman Sachs, one of the largest banks of the United States has announced that it will not accept any companies for initial public offering or for public listing if they
Published on January 24, 2020
By Debdutta Ghosh

C$196.5Mn Fine On VW For Diesel Scandal Imposed By Canadian Judge

Even after five years since it was revealed, the diesel emission scandal is still affecting the German auto major Volkswagen. A C$196.5 million ($149.7 million) fine against Volkswagen was approved
Published on January 23, 2020
By Debdutta Ghosh

UK Government Likely Not To Ban Huawei From Its 5G Network Despite US Pressure

According to reports published in the United Kingdom, very strong hints and indications have been delivered by the UK government about its intention to allow the Chinese telecom equipment maker
Published on January 23, 2020
By Debdutta Ghosh

Driverless Vehicle For Its Ride-Sharing Service Unveiled By GMโ€™s Cruise

A prototype of a planned autonomous electric vehicle was unveiled by the self-driving car unit of General Motors โ€“ Cruise on Tuesday. The company said that this model, which does
Published on January 22, 2020
By Debdutta Ghosh

Boeingโ€™s Grounded 737 Max Planes Will Not Fly Again Till Mid-Year

The Boeing 737 Max planes are not likely to return back to commercial flight until the middle of the year, the United States based airplane maker said. It added that
Published on January 22, 2020
By Debdutta Ghosh

Digital Currency Creation To Be Explored By A Group Of Six Central Banks

Six major central banks of the world will not be sharing their knowledge and experiences for making a realistic assessment of the possibility of launching and issuing central bank digital
Published on January 21, 2020
By Debdutta Ghosh

Alleged Acceleration Issue With Its Cars Strongly Denied By Tesla

Claims that some of the Tesla cars were experiencing bouts of sudden acceleration in the United States have been strongly rejected by the electric car maker. Last week, there were
Published on January 21, 2020
By Debdutta Ghosh

Global Growth Forecast Cut By IMF Ahead Of Davos

The global economy will witness a sluggish recovery in 2-020 even though it is on a recovery path, said the International Monetary Fund (IMF). Its global economic growth forecast for
Published on January 21, 2020
By Debdutta Ghosh

UK Wants To Start Trade Talks With Us Even Before Brexit Talks

The United Kingdom is likely to start negotiations on trade with the United States even before it initiated Brexit talks with the European Union, claimed a report published in Telegraph.
Published on January 19, 2020
By Debdutta Ghosh

Risks Of Return Of Great Depression Faced By Global Economy: IMF Chief

Inequality and financial sector instability in the world could result in a return of the Great Depression, warned the head of the International Monetary Fund. The IMF has completed an
Published on January 18, 2020
By Debdutta Ghosh

Google Is The 4thAmerican Company Ever To Go Past $1 Trillion Market Value

Googleโ€™s parent Alphabet became the fourth American company that surpassed the $1 trillion mark in market valuation. The other companies include Apple, Amazon and Microsoft โ€“ all of which have
Published on January 18, 2020
By Debdutta Ghosh

Chinaโ€™s 2019 Growth Lowest In 29 Years At 6.1 Percent

Chinaโ€™s National Bureau of Statistics announced on Friday announced that the 2019 growth rate of the country was the slowest in 29 years at 6.1 per cent. This rate of
Published on January 18, 2020
By Debdutta Ghosh

Phase One Trade Deal Signed Between The US And China

A partial truce in the gruesome trade war between the United State and China โ€“ the two largest economies of the world, was achieved by the singing of the so
Published on January 16, 2020
By Debdutta Ghosh

Footballโ€™s First Billion-Dollar Club Is FC Barcelona: Deloitte Report

A new report has revealed that between 2018 and 2019, a record revenue of $959.3 million was generated by the Spanish soccer giant FC Barcelona. That made it the biggest
Published on January 16, 2020
By Debdutta Ghosh

United States Remove Currency Manipulator Tag On China

Even as the two countries signed off a partial trade agreement, the United States removed China from its list of countries that allegedly manipulate their currencies. This was done by
Published on January 16, 2020
By Debdutta Ghosh

Renault-Nissan Alliance Is Anything But Dead, Say The Companies

Japanese auto company Nissan has denied has denied media reports that there was a threat of dissolution of its alliance with the French auto giant Renault, announced the French auto
Published on January 14, 2020
By Debdutta Ghosh

Chinese Targets For Community Purchase From US Under Phase 1 Deal Unrealistic: Analysts

China has made a huge commitment of purchasing from the United States under the phase one of the trade agreement which has sent commodity traders and analysts wondering hot Beijing
Published on January 14, 2020
By Debdutta Ghosh

2019 A Record Breaking Year For Porsche Sale

2019 has been a very good year for the German high-performance car manufacturer Porsche. The company has said that the last year was one in which the company sold record
Published on January 13, 2020
By Debdutta Ghosh

Apple Uses Robot To Disassemble iPhones To Recover Minerals For Reuse

Mining companies around the world have warned of higher demand for minerals with a shift in the consumption and usage pattern of minerals such as in the use of more
Published on January 13, 2020
By Debdutta Ghosh

Record IPO Of $29.4 Billion For Saudi Aramco After Over-Allotment Of Shares

The State owned Saudi Arabian oil behemoth Saudi Aramco has extended its record fund generation form its initial public offering (IPO) to $29.4 billion, the company announced on Sunday, with
Published on January 12, 2020
By Debdutta Ghosh

Chinaโ€™s Dream To Rival Boeing And Airbus Is Slower Than Expected Due To Technical Issues

Chinaโ€™s dream of development of a homemade commercial aircraft that can rival the ones from Boeing and Airbus is going slower than expected. A recent report by the news agency
Published on January 11, 2020
By Debdutta Ghosh

Data Shows American Exports Hit By $46 Billion Due To Trump’s Tariffs

An analysis of data released by the United States Commerce Department has revealed that since February 2018, American companies have been hit by about $46 billion because of US president
Published on January 11, 2020
By Debdutta Ghosh

Former Nissan Boss Ghosn’s Allegations ‘Absolutely Intolerable’: Japan Justice Minister

Shortly after the former boss of Nissan Carlos Ghosn, who had fled Japan jumping bail over charges of financial misconduct, made scathing criticism of the Japanese legal system, Justice Minister
Published on January 9, 2020
By Debdutta Ghosh

Cybersecurity Firm Find Flaws In Chinese App Tiktok

A new report by a research firm has claimed that there are โ€œmultipleโ€ security vulnerabilities in the popular Chinese video sharing app TikTok which has gained huge popularity in many
Published on January 9, 2020
By Debdutta Ghosh

Chinese Vice Premier Liu Will Sign Sino-US Phase One Trade Deal In Washington Next Week

The Chinese commerce ministry has said that it would sing the so called โ€œPhase 1โ€ deal with the United States in Washington next week which would be signed by the
Published on January 9, 2020
By Debdutta Ghosh

Complete Computer System For Self Driving Cars Launched By Qualcomm

A computing system has been developed by the chip manufacturer Qualcomm Inc that is designed to meet the needs of computing for autonomous vehicles, which the company said, would take
Published on January 8, 2020
By Debdutta Ghosh

Hyundai Join Hands With Uberโ€™s Electric Air Taxi Project

South Korean automaker Hyundai Motor and the United States based ride hailing firm Uber has decided to join resources to jointly develop electric air taxis, the companies said in a
Published on January 8, 2020
By Debdutta Ghosh

Death Form Air Crashes Fall Globally By 50% In 2019

According to a report by an aviation consulting firm, there was an almost 50 per cent drop in 2019 in the number of deaths in major air crashes around the
Published on January 3, 2020
By Debdutta Ghosh

8th Reserve Ratio Cut By Chinaโ€™s PBOC Since Early 2018 To Prop Up Slowing Economy

In order to boost its slowing economy, a cut on the amount of cash that all Chinese banks need to hold as reserves was announced by China’s central bank which
Published on January 3, 2020
By Debdutta Ghosh
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