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Debdutta Ghosh


Creator Of The First ‘Gene-Edited’ Babies Of The World Gets 3 Year Jail Term In China

Charges of illegally practicing medicine were brought against the scientists who had created the first “gene-edited” babies in the world in China following which a court in the country found
Published on December 30, 2019
By Debdutta Ghosh

2020 Could Be A Tough Year For US LNG Exports, Which Soared To Record Highs In 2019

The exports of liquefied natural gas (LNG) of the United States in 2019 saw a record 60 per cent hike with the trend likely in the next year. However analysts
Published on December 30, 2019
By Debdutta Ghosh

Trade Talk Deadline With UK May Need Extension, Says EU Commission President von der Leyen

In an interview to the French daily Les Echos which was published on Friday, European Commission President Ursula von der Leyen said that there could be a possibility of extending
Published on December 28, 2019
By Debdutta Ghosh

ECB Unlikely To Bring Interest Rates Into Positive Territory In 2020, Says ECB’s Holzmann

It is unlikely that the prime benchmark lending rates will be raised back in to the positive territory next year by the European Central Bank, said policymaker Robert Holzmann. He
Published on December 28, 2019
By Debdutta Ghosh

November Industrial Profits Of Large Companies Of China Rebound

The National Bureau of Statistics (NBS) of China data showed that in the month of November, the profits of countryโ€™s major industrial companies increased by 5.4 per cent year on
Published on December 27, 2019
By Debdutta Ghosh

Nissan Virtually Order Freeze On All Non-Essential Spending To Save Money: Reuters

A continued drop in the sale of cars and sliding profits had already forced Japanโ€™s Nissan Motor Co to chalk out a strategy for cost savings. According to a recent
Published on December 27, 2019
By Debdutta Ghosh

Slowing Indian Economy Sees Indian IPOs Dropping To Four-Year Low

A slowing Indian economy caused the Indian initial public offerings in 2019 to fall down to a 4 year low by value. However according to some analysts, it is hoped
Published on December 26, 2019
By Debdutta Ghosh

Saudi Arabia And Kuwait Resolve Differences To Resume Joint Oil Production

The disagreement between Saudi Arabia and Kuwait over the Khafji oil field has come to an end with the Saudi energy minister announcing that the two countries would be jointly
Published on December 26, 2019
By Debdutta Ghosh

Chinaโ€™s Prison Forced Labour Issue: Australia’s Cotton On Probing Its Chinese Supplier

Following the revelation of forced prison labour in China and the suspension with a Chinese suppliers by the British retailer Tesco, investigations into its relationship with a Chinese printing firm
Published on December 24, 2019
By Debdutta Ghosh

New Warning About Huaweiโ€™s 5G Participation To UK From The US

A risk to British secret intelligence services MI5 and MI6 would be posed if the United Kingdom government allows participation of the Chinese telecom company Huawei into the countryโ€™s 5G
Published on December 24, 2019
By Debdutta Ghosh

19 All Time Highs Reached At The US Stock Markets In 2019

There are many investors who are still trying to understand how the stock market could rise and reach record peaks even when there was a raging trade war going on
Published on December 23, 2019
By Debdutta Ghosh

Slow Global Demand Hits Japanโ€™s Wider Economy Threatening Abenomics

Moirรฉ sectors of the Japanese economy are being impacted by the hit to exports from slowing global demand and there is a general slowdown of growth in the economy which
Published on December 23, 2019
By Debdutta Ghosh

Google Fined โ‚ฌ150m By France Watchdog For Slack Advertising Rules

The close scrutiny of the business practices of the United States based tech giants is continuing in Europe. Validation of charges of abuse of dominant market power the treatment of
Published on December 23, 2019
By Debdutta Ghosh

US-China Phase One Trade Deal To Be Signed ‘Very Shortly, Says Trump

The United States and China would “very shortly” sign the so-called phase one trade deal, US president Donald Trump announced on Saturday. “We just achieved a breakthrough on the trade
Published on December 23, 2019
By Debdutta Ghosh

Pro-Trump Fringe Media Outlet Banned By Facebook Over Use Of Fake Accounts

A network of hundreds of fake accounts with computer-generated pictures to push selected content was used by pro-Trump US media outlet on Facebook, which the social media company described as
Published on December 21, 2019
By Debdutta Ghosh

Just Eat Backs Takeaway’s Final Offer As An End For The British From Seems Ending

The 5.5 billion pound ($7.2 billion) all-share acquisition offer made by Takeaway.com as its final offer for the British company Just Eat has got the backing of the British firm
Published on December 21, 2019
By Debdutta Ghosh

Moderate 2.1% Growth Clocked By US Economy In Q3

The American economy grew at a moderate annual rate of 2.1 per cent for the third quarter, announced the United States Commerce Department on Friday. The US economy has recently
Published on December 20, 2019
By Debdutta Ghosh

Slow 2019 Global ECM Market Propped By Aramco And Alibaba Listings

An otherwise a slow year for equity capital markets (ECM) for 2019 was saved by the giant initial public offerings from Saudi Aramco and Alibaba. The year saw a number
Published on December 20, 2019
By Debdutta Ghosh

Binding Agreement Reached For Fiat Chrysler And PSA $50B Merger

The announcement of reaching a binding agreement for the approximately $50 billion merger of Fiat Chrysler Automobiles and PSA, owner of Peugeot, was made by the two companies. Analysts believe
Published on December 19, 2019
By Debdutta Ghosh

A Temporary Impact Of US Economy Likely Due To Boeingโ€™s 737 Production Halt

Analysts believe that the temporary halt in the production of its 737 Max planes by United States based Boeing will only deal a partial blow to the US economy. This
Published on December 19, 2019
By Debdutta Ghosh

Pioneers Of Sustainable Funds Pressurized By Advent Of Large Funds Into The Sector

Those fund managers who are considered to be pioneers of specialization in the area of investment in green stocks are apparently missing out on benefiting from the gains being made
Published on December 16, 2019
By Debdutta Ghosh

Phase-One US-China Trade Deal โ€˜Totally Doneโ€™, Says US Trade Chief Robert Lighthizer

In a further relief to the global markets, the United States Trade Representative Robert Lighthizer announced on Sunday that the โ€œphase oneโ€ US-China trade deal is โ€œtotally doneโ€ and added
Published on December 16, 2019
By Debdutta Ghosh

Softbankโ€™s China Bets Add To Its Other Global Woes

The lackluster performance of the Chinese companies in which Japanese investment conglomerate SoftBank had invested in has added to the woes of the company that it has faced with some
Published on December 15, 2019
By Debdutta Ghosh

US-China Deal: USTR Said $32 Billion In US Farm Goods To Be Bought By China In 2 Years

The phase one of the trade agreement between the United States and China will entail a pledge of Beijing procuring $32 billion worth of additional US farm products during the
Published on December 15, 2019
By Debdutta Ghosh

Spam Detection And Verified Business Messaging In Messages To Be Rolled Out By Google

Two new features for its Messages app for the Android operating systems are set to be tolled out by Google, the United States based search engine giant announced on Thursday.
Published on December 13, 2019
By Debdutta Ghosh

UK Election Over, Banks Plan To Push For New EU Access Plan

Following the resounding election victory of the Conservative Party, banks in the United Kingdom are now developing a set of fresh proposals about the manner in which they should be
Published on December 13, 2019
By Debdutta Ghosh

US To Concede On Tariffs Against Chinaโ€™s Pledge Of $50B Purchase Of US Farm Products

China has agreed to make a pledge to procure more of American farm products in 2020 and in exchange the United States under the Trump administration will roll back some
Published on December 13, 2019
By Debdutta Ghosh

Action Against Harassment, Racist, Sexist Videos On Its Platform Announced By YouTube

Another tough measure to tackle the spread of hateful and violent speech through its site is being taken by YouTube. Those videos in which there are insults hurled at people
Published on December 12, 2019
By Debdutta Ghosh

Facebook And Google To Face Strict Scrutiny Over Market Dominance In Australia

A call for the Australian government to take appropriate action against the market dominance of Facebook and Google in Australia was given by the Australian Competition and Consumer Commission (ACCC)
Published on December 12, 2019
By Debdutta Ghosh

Threatened US Tariffs Will Be Delayed, Expects China: Reports

Several reports quoting source information claimed Chinese officials are expecting that the tariffs on Chinese products as threatened by US President Donald Trump that is scheduled to be imposed from
Published on December 11, 2019
By Debdutta Ghosh

What The U.S.-Mexico-Canada Agreement, Replacing Nafta, Comprises Of

The new name for the now defunct Nafta deal is the US-Mexico-Canada Agreement (USMCA) which now could smooth the trade between the three North American companies, encourage businesses in these
Published on December 11, 2019
By Debdutta Ghosh

Amazon Secures Historic Champions League Broadcasting Rights In Germany

Amazon, the largest online retailer of the world has secured exclusive German rights to a package of Champions League matches after the company had successfully managed to live stream top-flight
Published on December 10, 2019
By Debdutta Ghosh

Saudi Aramcosโ€™ IPO Values The Company At $1.7 Trillion

The valuation derived form from its initial public offering (IPO) was $1.7 trillion for Saudi Aramco which is now officially now the world’s most valuable company. The Saudi Arabian state
Published on December 6, 2019
By Debdutta Ghosh

Developing Countries Wants Tariffs On Digital Import

According to reports quoting trade officials and documents, people could be forced to pay duties on software and movie downloads if, next week, India or South Africa makes good on
Published on December 6, 2019
By Debdutta Ghosh

More Oil Production Cuts Likely By Opec And Allies

One of the biggest oil production cuts this decade is set to be implemented by the oil cartel Organization of the Petroleum Exporting Countries (Opec) and its allies including Russia
Published on December 5, 2019
By Debdutta Ghosh

Italian Tax Agencyโ€™s High Valuation Of Chrysler To Be Challenged By FCA

The claim of the Italian tax authorities that Fiat Chrysler Automobiles underestimated the value of its American business by 5.1 billion euros ($5.6 billion) during the acquisition of Chrysler has
Published on December 5, 2019
By Debdutta Ghosh

Electric Vehicle Thrust In Hyundaiโ€™s Planned $52 Billion Investment

Electrification is the need of the hour as well as the future of the global auto industries. All of the global auto giants are well aware of the need to
Published on December 4, 2019
By Debdutta Ghosh

Top Oil Companies Bids For Ecuador Oil Contract

Several of the top oil producers of the world including Royal Dutch Shell, Mitsubishi Corp and Trafigura, are fighting it out to get a share of contracts to buy oil
Published on December 4, 2019
By Debdutta Ghosh

Its Just Eat Bid Defended By Takeaway Even Though It Is Lower Than Rivalโ€™s

The tussle between the Netherlands based company Prosus and the Dutch meal delivery firm Takeaway.com over acquisition of United Kingdom based food delivery firm Just Eat. Both the companies have
Published on December 3, 2019
By Debdutta Ghosh

Trump Has No Deadline For China Trade Deal, Says Could Happen After 2020 US Elections

Global markets, investors and companies got a rude shock after United States president Donald Trump said on Tuesday that there was no fixed deadline or time line for a trade
Published on December 3, 2019
By Debdutta Ghosh

China Stresses On Promise To Lower Trade Barriers And Increase Market Access To Foreign Firms

A slowdown in its domestic economy and the hit by the trade war with the United States is forcing China to make concessions to boost the economy. As a part
Published on November 29, 2019
By Debdutta Ghosh

EU To Increase Beef Imports Form Eth EU, But Call For Removal Of USโ€™s Metal Tariff

In a move that is seen to possibly reduce the trade tensions between the European Union and the United States as the lawmakers of the economic block decided to increase
Published on November 29, 2019
By Debdutta Ghosh

Investments In Aramco IPO Planned By Abu Dhabi, Kuwait Sovereign Funds: Reuters

According to a report published by Reuters citing sources, investment in the initial public offering (IPO) of Saudi oil giant Saudi Aramco is being planned to be made by the
Published on November 27, 2019
By Debdutta Ghosh

Global Supply Of Batteries For EVs Could Be Disrupted Due To Feud Of Korean Firms

Two South Korean battery manufacturing firms SK Innovation and LG Chem are fighting a bitter battle in court in the United States over charges of misappropriating trade secrets with the
Published on November 27, 2019
By Debdutta Ghosh

Democrats “Within Range” Rehashed Nafta, Says US House Speaker Pelosi

Democratic lawmakers are “within range of a substantially improved” trade agreement with Canada and Mexico, said the Speaker of the House of the United States Nancy Pelosi on Monday. However
Published on November 26, 2019
By Debdutta Ghosh

First Car Factory in Indonesia To Be Set Up By Hyundai At $1.55 Bn

An agreement for construction of a new car manufacturing plant in Indonesia has been signed by South Koreaโ€™s Hyundai Motors which will be the first such facility of the company
Published on November 26, 2019
By Debdutta Ghosh

Global Times Report Claims US-China ‘Very Close’ To Phase One Trade Deal

A report from Global Times, a tabloid run by Chinaโ€™s the ruling Communist Party’s official People’s Daily, claimed that China and the United States are ‘very close’ to a agreeing
Published on November 26, 2019
By Debdutta Ghosh

T Rowe, Ant Financials, Softbank Among Investors In Paytm As It Raises $1 Billion

Paytm, the largest digital payments company of India and backed by the Japanese investment conglomerate SoftBank, has managed to raise $1 billion in a funding round that was headed by
Published on November 26, 2019
By Debdutta Ghosh

Positive Signals On Trade Deal Delivered By Trump And Xi

There was some relief in the global financial markets about rising possibility of the more than one year old trade war between the United and China would ultimately get diffused
Published on November 24, 2019
By Debdutta Ghosh

Tough Measures To Vet 5G Suppliers Backed By EU, Huawei Likely To Be Impacted

Tough preconditions for the selection of suppliers for construction and running of 5G mobile networks has been adopted by the countries of the European Union on Friday. The conditions included
Published on November 24, 2019
By Debdutta Ghosh
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