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Debdutta Ghosh


BoEโ€™s Mark Carney Says 10% Food Price Rise Possible For โ€œExtremeโ€ Brexit

The Bank of England governor, Mark Carney, has warned that a bad deal for Brexit could result in an increase of between 5 to 10 per cent in food prices
Published on December 5, 2018
By Debdutta Ghosh

Ford To Be Given Competition By GM In U.S. Commercial Fleet Sales

The leadership position of Ford Motor Co in the US commercial fleets is to be challenged by General Motors Co in terms of sales in order to increase profit margins
Published on December 4, 2018
By Debdutta Ghosh

Skeptics Doubtful, But Washington Sees China Trade Truce As Achievement

There are very little details of the so called 90 day truce in the US-China trade war along with concerns of whether China would ultimately cow down to US trade
Published on December 4, 2018
By Debdutta Ghosh

AT&T Pledges To Cut About $20 Billion Of Debt In 2019

AT&T Inc has said that it is planning to offset its huge pile of debts and is committed to doing so by next year and for this purpose, the company
Published on November 30, 2018
By Debdutta Ghosh

Tesla Attains Production Target Of 1000 Model 3 Cars A Day

Tesla has managed to increase its production of Model 3 electric cars to a thousand a day โ€“ resulting in about 7000 units a week. however the US electric car
Published on November 30, 2018
By Debdutta Ghosh

South Carolina, US Aerospace Industry Continues To Grow More Than The Average

A new study on the aerospace sector in South Carolina, US, claims that over the last few years, there has been a steady growth in the industry which has spurred
Published on November 29, 2018
By Debdutta Ghosh

Italian 2019 Growth Prospect Significantly Slashed By Morgan Stanley

Investment bank Morgan Stanley believes that it would be an uphill task for the anti-establishment government of Italy to achieve the growth rate target for its economy that it has
Published on November 29, 2018
By Debdutta Ghosh

US Markets Rise Over Fed Chair Comments Of Possible Slowing Of Rate Hike

There could be a possible roll back of the strategy of the United States Federal Reserve of continuing with the increase of interest rates in 2019 as indicated by the
Published on November 29, 2018
By Debdutta Ghosh

Revision Of Third-Quarter Growth For US Economy Unchanged

Despite the slowing down of the US economy in the third quarter, analysts feel that the pace of economic growth would be enough for it to achieve the 3 per
Published on November 28, 2018
By Debdutta Ghosh

Reduced Spending By Chinese Tourist Dents Sale Of Tiffany’s, Stocks Drop

There has been a significant drop in the trend of purchasing by Chinese consumers and tourists travelling to the US and in Hong Kong, said luxury jeweller Tiffany which has
Published on November 28, 2018
By Debdutta Ghosh

A Possible Market Decline Next Year, Says Bank Of America

The Bank of America Merrill Lynch is of the opinion that tightening of credit conditions and slowing down of earnings could result in stocks stall out next year. “We believe
Published on November 26, 2018
By Debdutta Ghosh

$182.5 Million Settlement Fee to be paid by JP Morgan & Citigroup

A group of investment companies had brought in cases against Citigroup and JP Morgan well as a number of other banks, and the two leading banks have been reported to
Published on November 26, 2018
By Debdutta Ghosh

Volkswagen Has To Reimburse Full Price Of Car To Owner: German Court

The German car maker and the largest manufacturer of cars in the world Volkswagen has been dealt another blow by a German Court. The car maker which is already reeling
Published on November 26, 2018
By Debdutta Ghosh

US Allies Asked Not To Use Huawei Equipment: WSJ Report

According to a report published in the Wall Street Journal, wireless and internet providers in the allied countries of the United States have been requested by of not to use
Published on November 23, 2018
By Debdutta Ghosh

Virgin Atlantic Could Be The Possible Suitor For Loss Making Flybe: Reports

Reports have indicated that the cash-strapped airlines Flybe could be bought out by Virgin Atlantic. The British regional airline which is going through a turbulent financial period was put up
Published on November 23, 2018
By Debdutta Ghosh

Investors Fear Increased Spending By Retailers Will Dent Earnings This Holiday Season

While a strong and well performing US economy would otherwise have been a cause to rejoicing for investors, it is not so this holiday season. It is being feared hat
Published on November 22, 2018
By Debdutta Ghosh

Investor Worries Over Khashoggi Murder Puts Saudi Arabia’s New Economy At Threat

The economic dream of the Saudi Arabian Crown Prince Mohammed bin Salman for the kingdom of a diversified economy that is not dependent on oil and some of the largest
Published on November 22, 2018
By Debdutta Ghosh

China Again Accused Of Unfair Trade Practices By The US

While the United States president Donald Trump and his Chinese counterpart Xi Jinping are set top seen meet on the sidelines of the G20 summit in Argentina and discuss trade
Published on November 22, 2018
By Debdutta Ghosh

Ikeaโ€™s Parent Company To Create 11500 Jobs But Cut 7500 Globally

While on one hand there can be creation of 11,500 new jobs globally in the next two years, there can also be loss of about 7500 jobs worldwide at the
Published on November 21, 2018
By Debdutta Ghosh

Evicting China From WTO Is A Possibility, Though Least Desired: US Adviser

It is possible that the United States would push for “evicting China” from the World Trade Organisation (WTO), according to media reports quoting one of President Trump’s top economic advisers.
Published on November 21, 2018
By Debdutta Ghosh

Carlos Ghosn To Remain Head Of Renault Despite Pressure On The Car Maker

Despite pressure from the French government and an anticipation by Nissan of removing Carlos Ghosn as the Chairman and CEO, French auto maker Renault has decided not to remove him
Published on November 21, 2018
By Debdutta Ghosh

Bitcoin Still Far From Being Considered A Payment Currency

According to data from blockchain researcher Chainalysis, there has been a drastic fall in number of instances of the digital currency bitcoin being used as a means of commercial payments
Published on November 20, 2018
By Debdutta Ghosh

Mitsubishi CEO Says Car Alliance Without Ghosn Tough To Manage, Lebanon Stands By Him

With reference to the most likely ouster of the Chairman of Nissan Carlos Ghosn โ€“ who is also the architect of the three company strategic alliance between Nissan, Renault and
Published on November 20, 2018
By Debdutta Ghosh

May’s Draft Brexit Deal Is Better Than No Deal, Says Rolls-Royce Chief

The chief of engineering giant Rolls-Royce said that a “practical plan” for Brexit needs to be supported by politicians. Any deal with the European Union was better than a no
Published on November 19, 2018
By Debdutta Ghosh

A Trade Deal With China Is Possible, Believes Trump

It has been just a day that the United States president Donald Trump had expressed his optimism about the US being able to strike a trade deal with China and
Published on November 19, 2018
By Debdutta Ghosh

US Trade Policies Are Not Protectionist, Says U.S. Envoy To Japan

The aim of the protectionist trade policies taken by the United States government under President Donald Trump is to remove trade barriers for American companies and create a more level
Published on November 16, 2018
By Debdutta Ghosh

AI Powered Artificial News Anchor Debuts In China

The first so called artificial intelligence (AI) television anchor has made its debut on Chinaโ€™s state-run Xinhua News. However, many viewers have called this robot as โ€œa news-reading device without
Published on November 16, 2018
By Debdutta Ghosh

A Shortage Of Sea Ice Halts US Firmโ€™s Attempts To Drill Oil Form Arctic Region

An ironic hurdle has abruptly stopped a efforts by the US to set up a first oil drilling operation in US waters. The project has been stalled by a dearth
Published on November 15, 2018
By Debdutta Ghosh

The Booming Indian Economy Could Face Hard Times In The Near Future

Despite India being the fastest growing major economy in the world, there are some teething problems with the economy according to economists. One of the problems is unequal distribution of
Published on November 15, 2018
By Debdutta Ghosh

Issuing Digital Currency Needs to Be Considered By Central Banks: IMF Chief

The possibilities of issuing digital currency should be looked into by central banks, believes the chief of the International Monetary Fund Christine Lagarde arguing that this would increasing the safety
Published on November 15, 2018
By Debdutta Ghosh

China Sends A Written Response To US Trade Reform Demands

China has reportedly taken a step that could help trigger staled trade talks between the United States and China and possibly bring an end to escalating trade hostilities between the
Published on November 15, 2018
By Debdutta Ghosh

50 Million Electric Cars Could Be Built By Volkswagen: Automotive News

According to an article published in the German trade publication Automobilwoche, Volkswagen Chief Executive Herbert Diess said that the German car maker is getting its electric vehicle platform and battery
Published on November 14, 2018
By Debdutta Ghosh

Apple Forced Into Discomfort Zone By Poor iPhone Sale

Even as the season of festive sale is upon us, a number of questions about one of the favourites of buyers for this time โ€“ Apple Inc, are rising. There
Published on November 14, 2018
By Debdutta Ghosh

Customer Sentiment Tracker Qualtrics To Be Acquired By SAP For $8 Billion

The US based firm that specialises in surveying consumers online – Qualtrics International Inc is set to be acquired by Germany’s SAP for a deal worth $8 billion in cash.
Published on November 12, 2018
By Debdutta Ghosh

Record Singleโ€™s Day Sale Revenue Of $31 Billion Notched By Alibaba

Chinaโ€™s leading online retailer Alibaba Group Holding Ltd set a record for its one day sale revenues on its annual Singlesโ€™ Day discounted sale by selling goods worth 213.5 billion
Published on November 12, 2018
By Debdutta Ghosh

An Impending Oil Supply Shortage In 2020s Predicted By Goldman Sachs

According to an estimate by Goldman Sachs, there can be a global shortage in the oil industry in the 2020s because โ€œnobody is allowed to fully invest in future oil
Published on November 9, 2018
By Debdutta Ghosh

Standoff between Italy and EU continues โ€“ but there is only one player that matters

While Italy and the European Union remain in a deadlock over the proposed budget by Rome, analysts are of the view that more importance needs to be given to the
Published on November 9, 2018
By Debdutta Ghosh

Renewable Energy Trading Being Helped By Blockchain Tech In Singapore

The energy industry in a Southeast Asian city-state is being reshaped by blockchain technology which is the underlying technology behind the production and functioning of bitcoin. The technology has been
Published on November 9, 2018
By Debdutta Ghosh

New Asian Foreign Policy May Be Set By Congress After Democrats Taking Control Of House

It is being expected that the policies that United States president Donald Trump has taken for Asia could face increased scrutiny from a divided Congress after the Democrats taking control
Published on November 9, 2018
By Debdutta Ghosh

Boeing & Airbus Hope To See An End For Sino-China Trade War Soon

Boeing and Airbus, the largest aircraft makers in the world have indicated that they seek an end to the escalating trade war between the US and China soon while they
Published on November 6, 2018
By Debdutta Ghosh

Signals Of Mending Of US-China Emerge Before Anticipated G20 Meet

In a latest welcome sign of thawing of ice between the United States and China, the two largest economies engaged in a bitter trade war, the two parties have reportedly
Published on November 6, 2018
By Debdutta Ghosh

FCA Thinking About Mexico For Its Ram Pickups To Rival Ford And GM Trucks

Fiat Chrysler Automobiles hopes to trigger a sustained demand for its revamped Ram 1500 full-size trucks after the addition of a number of features. The auto maker said that such
Published on November 5, 2018
By Debdutta Ghosh

USโ€™s Iran Ban Comes Into Force, US Dodges Question On Exemption Of India & China

The effect on the Iranian regimen to alter its behaviour as the Trump administration wants would by possible by the “the toughest ever” sanctions against the country, said the US
Published on November 5, 2018
By Debdutta Ghosh

Hyundai Hopeful Of Reinvesting The North Korea After Earlier Tragedies There

The South Korean auto maker Hyundai has failed to take advantage of the opportunities in North Korea and its business there has been a story of a tragedy. The suicide
Published on October 31, 2018
By Debdutta Ghosh

Value Of Yuan Against The US Dollar Reaches A 10 Year Old Level

Even while the trade war between the United States and China is escalating by the day, the China’s yuan dropped to a historic low of 10 years against the dollar
Published on October 31, 2018
By Debdutta Ghosh

Call For Cease Fire In Yemen By US, And Peace Talks In 30 Days

At last hope seems to have emerged for millions in Yemen following a call for a cease fire by top American officials and demanding that the warring parties meet at
Published on October 31, 2018
By Debdutta Ghosh

Facebook Growth Slows As It Looses More Users In Europe

Challenges posed by new privacy laws, reduced user numbers and a global trend of users shifting on to private messaging were cited to be the reasons for Facebook to warn
Published on October 31, 2018
By Debdutta Ghosh

Walmart Announces Faster Checkout & Digital Store Maps For Gains This Holiday Season

The largest retailer of the world Walmart is depending on technology to attract more customers and a larger share of the gift budgets of customers this holiday season by the
Published on October 30, 2018
By Debdutta Ghosh

Pfizer Looks At Big Steps By 2022 In New Drugs Approvals

Pfizer Inc., the drug giant, is expecting big things by 2022 โ€“ approvals for between 25 and 30 new drug. The list includes a number of potential blockbusters drugs which
Published on October 30, 2018
By Debdutta Ghosh

Escalating Sino-US Trade War Is Pushing US Firms In China To Consider Relocation

According to a business survey conducted by the American Chamber of Commerce in South China, the intensifying trade war between the United States and China is forcing at least 70
Published on October 29, 2018
By Debdutta Ghosh
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