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Debdutta Ghosh


OECD Issues New Warning On Risks To Global Growth

The threats to the growth of the global economy have increased, said a report by a leading international economic organization. The prospects of global growth have decreased steadily said a
Published on November 22, 2019
By Debdutta Ghosh

Chinaโ€™s Xi Reiterates Urge On Interim Trade Deal With US But Will Fight Back If Needed

While China is eager to arrive at the so called phase one of the trade agreement with the United States, Beijing will not be afraid to fight back is required,
Published on November 22, 2019
By Debdutta Ghosh

Efforts Ongoing To Complete Phase One Trade Deal With US, Says China

China attempted to allay fears that the trade negotiations with the United States could be getting off track as the countryโ€™s commerce ministry said on Thursday that Beijing will strive
Published on November 21, 2019
By Debdutta Ghosh

Huge Fine Likely For Australian Bank Over Anti-Money Laundering Breaches

Civil penalty orders have been sought against the Australian bank Westpac by the Australian anti-money laundering regulator AUSTRAC for lack in oversight in anti-money laundering and terrorism financing cases. It
Published on November 20, 2019
By Debdutta Ghosh

Near-Complete Trade Deal In May Could Form Basis For US-China Partial Agreement

The United States and China have now fallen back on the agreement that the two sides almost managed to agree to in May this year for deciding on the amount
Published on November 20, 2019
By Debdutta Ghosh

Twitter To Face Tough Times Over Its Ban On Political Ads Policy Formulation

After having announced its decision to ban all political ads on its platform, the social media giant Twitter now has the tough task of actually putting out a policy even
Published on November 17, 2019
By Debdutta Ghosh

License To American Companies To Do Business With Huawei To Be Extended: Reports

According to reports, an extension for two week for a license to American companies will be given by the Trump administration to allow them to do business with the Chinese
Published on November 17, 2019
By Debdutta Ghosh

In-Depth Trade Talks With US On Phase One Says China

The Chinese commerce ministry said on Thursday that in-depth discussions on a “phase one” trade agreement was being held with the United States which also includes the proposal making the
Published on November 14, 2019
By Debdutta Ghosh

Trump Will Postpone Tariff Decision On Foreign Cars From EU & Japan, Expect Automakers

According to five auto officials, major auto companies in the United States believe that the self-imposed deadline by president Donald Trump for the possibility of imposing tariffs of up to
Published on November 13, 2019
By Debdutta Ghosh

China Trade Deal ‘Close’, Says Trump, But Provides No Specifics

While hinting that the so called โ€˜phase oneโ€™ of a trade deal will with China could be completed โ€œsoonโ€, United States president Donald Trump denied to provide any further details
Published on November 13, 2019
By Debdutta Ghosh

A New CEO Being Searched For By WeWork: Reports

Following the departure of its co-founder Adam Neumann, the United States based office space sharing and leasing company WeWork is now looking to identify and hire anew new chief executive,
Published on November 12, 2019
By Debdutta Ghosh

70% Drop In Quarterly Profits Reported By Nissan, Slashes Full Year Forecast

Profits at the Japanese auto major Nissan Motor Co Ltd fell by 70 per cent for the July-September quarter as reported by the company on Tuesday while also announcing a
Published on November 12, 2019
By Debdutta Ghosh

New Digital Banking Platforms To Be Launched By HSBC And RBS

In order to measure up to stiff competition and to counter a period of tough trading in the global banking scene, a new digital banking platform is being planned to
Published on November 11, 2019
By Debdutta Ghosh

Economists Forecast Lingering Of Germany’s Economic Pain

Economists had predicted that the largest economy of the European Union and indeed Europeโ€™s economic powerhouse โ€“ Germany, would experience a fleeting slowdown but will bounce back strongly soon after.
Published on November 11, 2019
By Debdutta Ghosh

Directorsโ€™ Compensated In US Companies Higher Than Ever, Says New Report

According to a new report released by executive headhunters Spencer Stuart, for the first time last year, the $300,000 mark for the average annual compensation for non-executive directors at S&P
Published on November 9, 2019
By Debdutta Ghosh

A Digital Currency Could Be Launched By The EU As A Counter To Facebookโ€™s Libra

A public digital currency could be issued by the European Central Bank (ECB), claimed reports citing information from a draft document of the central bank. According to analysts, the ECB
Published on November 9, 2019
By Debdutta Ghosh

Tariffs To Be Rolled Back If โ€˜Phase Oneโ€™ Trade Deal Goes Through, Say China And US

If the “phase one” of a trade deal between China and the United States is completed both the sides will also include in it an agreement to roll back the
Published on November 8, 2019
By Debdutta Ghosh

$5 Billion In Budget Support Need By Sudan To Avoid Economic Collapse: Reuters

The economy Sudan can be saved by a financial package of up to $5 billion to prevent a collapse and to bring in economic reforms according to the finance minister
Published on November 8, 2019
By Debdutta Ghosh

China-US Agrees To Phase Out Tariffs Imposed By Both: Beijing

The Chinese commerce ministry said on Thursday that the tariffs imposed by both the countries during their months-long trade war would be lifted in a phased manner and an agreement
Published on November 7, 2019
By Debdutta Ghosh

Lyft Asks US Drivers To โ€˜Ditchโ€™ Their Cars Against Free Rides

Users of the United States based ride sharing company Lyft has said that it would be ready to offer free rides to those users of its services in San Francisco
Published on November 7, 2019
By Debdutta Ghosh

U.S.-China Trade Agreement Could Emerge Soon, Progress Made In High Level Talks

Negotiations on a trade deal between the United States and China are progressing well, said the two countries signaling light at the end of tunnel of a 16 month old
Published on November 4, 2019
By Debdutta Ghosh

Saudi Arabia Announces Much Awaited IPO Of Aramco

A formal announcement for the much awaited initial public offering (IPO) by Saudi Arabia’s giant state oil company was made finally on Sunday. Touted to be the largest ever IPO
Published on November 4, 2019
By Debdutta Ghosh

Case Alleging Discriminatory Ads Against Women & Older People Filed Against Facebook

Yet another controversy has hit Facebook. This time around the largest social media platform of the world has been accused to allowing the use of ad targeting tools on its
Published on November 1, 2019
By Debdutta Ghosh

Better Than Expected Growth In Chinaโ€™s Manufacturing Activity For October, Shows A Private Survey

Despite the general slowdown in Chinaโ€™s economy, the countryโ€™s October factory activity had grown at the fastest rate since February of 2017, showed a private survey in the country. According
Published on November 1, 2019
By Debdutta Ghosh

Fall In Global Output Of Wine Following Bumper Production In 2018

A leading international body in the wine industry has said that there has been about a 10 per cent drop in wine production across the globe in the current year
Published on October 31, 2019
By Debdutta Ghosh

US & China Will Declare New Place For Trade Deal Signing, Says Trump

A new venue where the United States President Donald Trump and Chinese President Xi Jinping will sing the so called โ€˜phase oneโ€™ of the trade deal between the two countries
Published on October 31, 2019
By Debdutta Ghosh

Weak Smartphone Sale, Pick Up In Chip Business In 2020, Says Samsung

Even though the revenues from sale of mobile phones drove the performance of South Korean electronics giant Samsung Electronics in the third quarter, the company expects that its growth next
Published on October 31, 2019
By Debdutta Ghosh

Foreign Investments Curbs To Be Eased By China, No More Forced Tech Transfers

All those restrictions that were not included in its self-styled “negative lists” on foreign investments would be lifted by China, said the vice-commerce minister of the country. Beijing will also
Published on October 30, 2019
By Debdutta Ghosh

Huawei Now Has 42% Smartpohone Market Share In China

Chinese smartphone maker Huawei has a total market share of 42 per cent in its home market after the company managed to ship about 41.5 million smartphones in the third
Published on October 30, 2019
By Debdutta Ghosh

US Lawmakers Introduce Bill About Xinjiang Uygur Camps In China

The United States Donald Trump has been urged to take a stronger stance in condemning the treatment of Muslim minorities in the far western region of Xinjiang in China in
Published on October 30, 2019
By Debdutta Ghosh

Boeing Knew About Warning About 737 Max By Pilot Before The Two Crashes, Says CEO

There were warnings issued by a Boeing pilot that the Boeing 737 Max plane was was โ€œrunning rampantโ€ in simulator tests. This was conveyed by the planeโ€™s chief technical to
Published on October 30, 2019
By Debdutta Ghosh

Israeli Firm Accused Of Spying By WhatsApp, Lawsuit Filed Against It

Israeli technology firm NSO Group has been sued by WhatsApp over allegations that the Israeli firm had used the Facebook-owned messaging service for undertaking campaigns of espionage on journalists, human
Published on October 30, 2019
By Debdutta Ghosh

Boeing To Address 737 Max Issues That Led To Lion Air Crash As Found In Investigation Report

The damming investigation report by Indonesian investigators about the fatal Lion Air crash last October involving Boeingโ€™s 737 Max planes has forced the largest plane maker of the world to
Published on October 29, 2019
By Debdutta Ghosh

39% Drop In Tesla Sale In Q3 In US, Shows Regulatory Filing

A regulatory filing by the United States based electric car maker Tesla showed how the company had fared in a break down of its sales by geographical area. The filing
Published on October 29, 2019
By Debdutta Ghosh

Pressure From China Forces Maserati To Dissociate From Film Awards Event In Taiwan

The tensions between China and Taiwan, which Beijing claims as its territory, has plunged another Westenrn company into damage control mode. A local dealer of the Italian luxury car brand
Published on October 28, 2019
By Debdutta Ghosh

China Sales Boost Helps Jaguar Land Rover To Report A Strong Quarter

A steady and large growth in demand and sale of its vehicles in China has propelled the Indian owned British car making firm Jaguar Land Rover (JLR) to report a
Published on October 28, 2019
By Debdutta Ghosh

Global M&As Expected To Rise In 2020 As Firms Restructure Supply Chains After US-China Trade War

The trade war between the United States and China will force a change in the global supply chains which will result in an increase in mergers and acquisitions in the
Published on October 25, 2019
By Debdutta Ghosh

Tesla Pins Hope On China Growth With Its Locally Made Model 3

United States based electric car maker Tesla is eyeing to make it big in the Chinese market, the largest electric vehicles market in the world even as the company post
Published on October 25, 2019
By Debdutta Ghosh

Majority Of EU Coal Plants Are Loss Making, Says A Carbon Tracker Report

Carbon Tracker, a think-tank that is focused on examining the impact of climate change on financial markets, has claimed that no profits are made by at least four-fifths of coal-fired
Published on October 25, 2019
By Debdutta Ghosh

US-China Trade War: Job Cuts Being Done By Some US Electronics Factories

A number of electronics factories in the United States are now facing the heat of the US-China trade war. According to a survey conducted by an industry body, a number
Published on October 23, 2019
By Debdutta Ghosh

Boeing 737 MAX Crisis: Company Removes Senior Executive

In what can be described as the most notable change in the management levels of the company, one of its top ranked executives was removed by the United States based
Published on October 23, 2019
By Debdutta Ghosh

Trial Against Exxon Over Charges Of Falsehood To Investors On Climate Change To Begin

American oil giant Exxon Mobil is set to face an unprecedented climate change lawsuit slated o begin in New York. The case, which has been filed by the New York
Published on October 22, 2019
By Debdutta Ghosh

Corporate Cash Spending Drops Sharpest By In A Decade

According to a new report from analysts at Goldman Sachs, there has been a slump in investment and spending by corporate America at the fastest rate in a decade because
Published on October 22, 2019
By Debdutta Ghosh

Currency-Pegged Stablecoins Could Be Used For Libra Project, Says Facebook

Having faced with growing and severe skepticism from multiple quarters and regulators over the proposed digital currency of Facebook โ€“ Libra, the social media company said that it was ready
Published on October 21, 2019
By Debdutta Ghosh

China Asks Permission Form WTO To Impose $2.4 Billion In Tariffs Against US

China has appealed to the World Trade Organization (WTO) to seek an approval to impose tariffs on $2.4 billion on United States imports into the country in retaliation for Washington
Published on October 21, 2019
By Debdutta Ghosh

Brexit Deal Decision Voted To Be Delayed By UK Parliament

The deal for the exit of the United Kingdom form the European Union as agreed between the Prime Minister Boris Johnson and the EU leaders in Brussels last week was
Published on October 20, 2019
By Debdutta Ghosh

Economies Around The World Feeling The Pinch Of Trumpโ€™s Trade War

It is not only China that is feeling the pinch of its trade war with the United States but and the collateral damage is being felt in many other parts
Published on October 20, 2019
By Debdutta Ghosh

News Corp Stories Will Be Delivered On A News โ€˜News Tabโ€™ On Facebook

A new โ€˜tabโ€™ is being planned by the social media platform Facebook which will potentially contain news and some of the stories that would be published by the company in
Published on October 19, 2019
By Debdutta Ghosh

Volkswagenโ€™s September Deliveries Up 9.2% On Strong Europe Demand

Germanyโ€™s largest auto manufacturing group Volkswagen reported a growth of 9.2 per cent in the number of vehicle deliveries by it year on year for the month of September. The
Published on October 19, 2019
By Debdutta Ghosh

‘Deep Discussion’ Held Between Apple CEO And Chinese Regulator In Beijing, Says China

According to the Chinese government, a “deep discussion” about a range of issues was discussed this week held between the Apple CEO Tim Cook and China’s top regulator. It was
Published on October 19, 2019
By Debdutta Ghosh
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