Debdutta Ghosh
Business & Finance
US Urged By China To Exhibit Sincerity And Correct Behaviour In Trade
The Chinese Commerce Ministry said on Thursday that more sincerity should be shown by the United States and thereby take corrective measures. This statement came after both the countries slapped
Published on September 20, 2018
By Debdutta Ghosh
Economics
UK Would Be Economically Impacted More Than EU By Brexit: Former ECB Head
According to the former head of the European Central Bank, there would be a larger economic impact because of Brexit on the UK than on the European Union. In an
Published on September 20, 2018
By Debdutta Ghosh
World & Politics
Foreign Experts To Be Allowed By North Korea For Permanent Destruction Of Missile Sites
South Korea’s President Moon Jae-in said on Wednesday that if appropriate action is taken by the United States, North Korea would agree to dispose off its crucial missile facilities permanently
Published on September 19, 2018
By Debdutta Ghosh
Economics
Chinese Premier Says Yuan Weakening Not To Be Deliberately Used By The Country
The Chinese currency would not be used by the Chinese authorities as a means to gain competitive advantage in trade, said the Chinese Premier Li Keqiang. This statement came just
Published on September 19, 2018
By Debdutta Ghosh
Business & Finance
Major Unilever Shareholder To Oppose Plan Of Shifting Its HQ Out Of UK
A plan by Unilever to discard its dual British-Dutch structure would be voted against by a major UK shareholder of the FTSE 100 company. It is also urging other shareholders
Published on September 18, 2018
By Debdutta Ghosh
Business & Finance
A Blind Auction Likely To Settle Fox, Comcast Battle For Sky
The question of who would ultimately takeover Sky would be decided by a sealed bids auction if there is no case of best-and-final offer from any of the parties till
Published on September 18, 2018
By Debdutta Ghosh
Business & Finance
SoftBank To Focus On Development Of Firms It Invested In, In The Middle East
Japanese investment firm SoftBank is now focusing on development of the companies that it has invested in the Middle East. There are a number of companies in the region that
Published on September 18, 2018
By Debdutta Ghosh
Economics
WEF Report Says Robots Can Create Double The Jobs It Puts At Risk
According to the World Economic Forum (WEF), the number of jobs that would be at risk of being eliminated because of the advancement of use of machines, robots and algorithms
Published on September 18, 2018
By Debdutta Ghosh
Economics
10 Years After Lehman Brothers Collapse, French Banks Targeted By Anti-Capitalism Protestors
The so called imperialistic and capitalistic banking practices were at the target of anti-globalisation activists in France and in Germany as they protested against such attitudes of banks which coincided
Published on September 17, 2018
By Debdutta Ghosh
Business & Finance
Elon Musk’s Spacex Gets Another Space Passenger, Company Claims
In what is the first of its kind in the world, an agreement has been struck between Elon Musk’s space company SpaceX and the first private passenger for a trip
Published on September 17, 2018
By Debdutta Ghosh
Economics
US Invitation For Trade Talks Welcomed By China
The invitation by the United States for fresh negotiations on trade was welcomed by China even as the Trump administration is reportedly getting ready to impose another round of import
Published on September 15, 2018
By Debdutta Ghosh
Economics
Iran, Venezuela Loss Offset By OPEC Increase, Record High Oil Output In August: IEA
A report on global oil production by the International Energy Agency titled Oil Market Report has shown the global crude output reached a record high of 100 million barrels per
Published on September 15, 2018
By Debdutta Ghosh
Business & Finance
Joint Projects Worth Over $100 Billion Being Mulled By Russia And China
A statement issued by Russia and China states that 73 joint investment projects which totals up to a value of more than $100 billion is being contemplated by a group
Published on September 12, 2018
By Debdutta Ghosh
Business & Finance
China Will Need New Planes Worth $1.2 Trillion In Next 20 Years: Boeing
According to a forecast by plane maker Boeing Co, in the next few decades, planes worth more than $1.2 trillion would be purchased by Chinese airlines so that the country
Published on September 12, 2018
By Debdutta Ghosh
Business & Finance
Chinese Coffee Market To Hot Up With Tencent Entering It’ Alibaba Entered It Last Month
China coffee market is set to witness a fight of the titans because tow of the country’s largest tech firms is entering the fray to take advantage of the growing
Published on September 7, 2018
By Debdutta Ghosh
Business & Finance
IS IBM’s Bet On Blockchain Technology A Risk Worth Taking?
IBM believes that every business – from shipping to banking, would be changed significantly because of blockchain technology and the tech company wants to put its bet on this. Industry
Published on September 7, 2018
By Debdutta Ghosh
Economics
Unexpected Slowdown In Germany Factory Orders For July Due To Trump Threat
The unexpected slowing down of the factory activities in German for the month of July is being viewed as a reflection of the evidence that the aggressive trade policies and
Published on September 6, 2018
By Debdutta Ghosh
Economics
China Warns Of Tit-For-Tat Tariffs To Any New US Tariffs
China’s commerce ministry issued a warning on Wednesday where the country cautioned the United States that it would b3e forced to undertake retaliatory steps against it if the US goes
Published on September 6, 2018
By Debdutta Ghosh
Economics
McKinsey Study Claims Global Growth To Be Spurred By AI
A simulation from McKinsey Global Institute claims that there can be a growth of 1.2 per cent to annual gross domestic product at least for the next decade or so
Published on September 5, 2018
By Debdutta Ghosh
Economics
New Austerity Measures Announced By Argentina To Stabilize Its Falling Currency
Argentina is all set to get an early release as it had asked for from the International Monetary Fund with respect to the $50bn emergency funding and just before it,
Published on September 5, 2018
By Debdutta Ghosh
Economics
Indonesia’s Rupiah Touched The Lowest Level In Over Two Decades
The Indonesian rupiah touched its lowest point over 20 years which prompted the country’s central bank to say that it will need to intervene to control the situation. According to
Published on September 4, 2018
By Debdutta Ghosh
Economics
Canada Not Needed In Nafta Deal; Congress Should Not Interfere: Trump
There is no need to keep Canada in the North American Free Trade Agreement, said U.S. President Donald Trump and asked the US Congress not to interfere into the trade
Published on September 4, 2018
By Debdutta Ghosh
Economics
U.S. Wants To Sing Trade Deal With Mexico Without Canada
No trade deal emerged from the US and Canada negotiations on the rejig of the North American Free Trade Agreement (Nafta) following which United States President Donald Trump told the
Published on September 2, 2018
By Debdutta Ghosh
Economics
16 Countries Push For Asia Pacific Mega Trade Deal As US Mulls More China Tariffs
A mega trade deal that would turn out to be the largest in the world ever and creating the largest trading block in the world is being hastened between 16
Published on September 2, 2018
By Debdutta Ghosh
Business & Finance
UK Payday Lender Wonga Collapses And Taken Into Administration
A large number of compensation claims was the primary reason that the payday lender of the UK, Wonga, collapsed and has been sent into administration, the company had become notorious
Published on August 31, 2018
By Debdutta Ghosh
Economics
U.S., Canada Strive To Achieve NAFTA Deal
Following the trade agreement between Mexico and the United States relating to North American Free Trade Agreement (Nafta) trade deal, the negotiations between the US and the third partner Canada
Published on August 31, 2018
By Debdutta Ghosh
Science & Technology
New Study Finds Goats Interact More With Happy People
An insight for the first time on the manner in which goats are able to read human expressions has been provided by a new study. The study has found that
Published on August 30, 2018
By Debdutta Ghosh
Economics
Argentina Asks IMF For Early Release Of $50bn Bailout Fund
The Argentine government wants to ease concerns surrounding the possibility among investors and markets that the country might not be bale to serve its debt obligations for 2019 and hence
Published on August 30, 2018
By Debdutta Ghosh
Economics
Top Europe Bank CEO Says Clients Getting Hurt By US-China Trade War
The clients of a top bank in Europe have already started to feel the pinch of the global trade tariffs and have begun to change production lines and issuing profit
Published on August 30, 2018
By Debdutta Ghosh
Business & Finance
No Export Deal With Chinese Importers At US Soybean Exporters’ Show
There were any known sale deals with Chinese importers after the closure of an annual U.S. soy exporters’ conference compared to other years where the conference ended with export contracts
Published on August 30, 2018
By Debdutta Ghosh
Economics
No Major Hit To Chinese Economy By Trade War In Coming Days: Morgan Stanley
According to a leading Chinese economist, with the aim of cushioning some of the impacts that could hit its economy because of its trade war with the United States, the
Published on August 29, 2018
By Debdutta Ghosh
Economics
India Likely To Attain Record Food Grain Production This Year: Reports
There is estimation that the over all farm growth in India would reach a record high and be 3.4 per cent more than the current estimates after data suggested that
Published on August 29, 2018
By Debdutta Ghosh
Business & Finance
Most Active Buyers Of Commercial Property Are Asian Investors, Despite Chinese Slowdown
Despite the slowing of outbound investments from China, in the first half of the current year 20 per cent of all global assets disposed by global funds were amassed by
Published on August 28, 2018
By Debdutta Ghosh
Business & Finance
Much Awaited Aramco IPO Blocked By Saudi King: Reports
The much awaited and talked about Initial Public Offering (IPO) of 5 per cent of the state owned largest oil company of Saudi Arabia – Saudi Aramco, has been shelved.
Published on August 28, 2018
By Debdutta Ghosh
World & Politics
Myanmar Military Top Brass should be investigated and prosecuted for genocide: UN
A recommendation for investigating and prosecuting top Myanmar military officials was made by a United Nations panel on charges of genocide and human rights atrocities committed against the Rohingya people
Published on August 28, 2018
By Debdutta Ghosh
Economics
US-Mexico Strike Trade Deal; Trump wants to terminate Nafta
United States Donald Trump wants to cancel the North American Free Trade Agreement in its current form and announced that a new trade agreement between the United States and Mexico
Published on August 28, 2018
By Debdutta Ghosh
Economics
Mexico And U.S. Close To Locking NAFTA Deal
Mexican Economy Minister Ildefonso Guajardo said that bilateral differences with the United States on the North American Free Trade Agreement (NAFTA) are set to be eliminated as talks continue between
Published on August 27, 2018
By Debdutta Ghosh
Economics
China Will Respond ‘Resolutely’ To US In Trade War: Chinese Minister
China’s finance minister has said that his country would continue to retaliate against the US if the Trump administration decides to impose more tariffs on Chinese imports. In an interview
Published on August 27, 2018
By Debdutta Ghosh
Business & Finance
Volkswagen’s Using Hail Cannons Destroying Crops In Mexico, Allege Local Groups
There are allegations placed against German auto maker Volkswagen hat the activities of the company is ruining crops near one of its manufacturing units. It has been alleged that the
Published on August 27, 2018
By Debdutta Ghosh
Business & Finance
Cryptocurrency Transactions Prevented On WeChat Pay And AliPay In China
The large mobile payments companies in China have barred the use of and transactions related to cryptocurrencies and this move would make is harder for the proponents of cryptocurrencies to
Published on August 27, 2018
By Debdutta Ghosh
Economics
No Breakthrough In U.S.-China Trade Talks Even As New Tariffs Are Imposed
The talks on trade between the US and China did not yield any results even as the trade war escalated with each country implementing new tariffs on each other’s goods
Published on August 25, 2018
By Debdutta Ghosh
Economics
Aramco IPO Postponement Reflects Saudi Modernisation Drive
The face of Saudi Arabia changed for ever on 3 March 1938 when oil was found at Dharam. Earlier, the country was largely nomadic with a small tourism industry because
Published on August 25, 2018
By Debdutta Ghosh
Business & Finance
Global Online Advertising Upset By EU’s New Data Law
The new data privacy regulations of the European Union have put in jeopardy a number of smaller tech firms that track people online while it has strengthened the position of
Published on August 23, 2018
By Debdutta Ghosh
Economics
Second Round US China Tariffs Worth $16 Billion Retaliated To By China
Beijing retaliated the second round of US tariffs on Chinese goods worth $16 billion starting Thursday with its own set of tariffs on US products of the same amount. This
Published on August 23, 2018
By Debdutta Ghosh
Business & Finance
New Highs Being Reached By Cannabis Shares
Since the announcement of an investment of $4 billion by Corona beer maker in the Canadian cannabis company Canopy Growth, stocks dealing with marijuana have been soaring. The shares of
Published on August 22, 2018
By Debdutta Ghosh
Economics
New Sovereign Bolivar Currency Brings Venezuela To A Halt
Dealing with the newly introduced currency is proving to be quite difficult for Venezuelans as the country virtually came to a standstill on Tuesday. Many workers stayed back at their
Published on August 22, 2018
By Debdutta Ghosh
Business & Finance
French Oil Giant Total Formally Pulls Out Of Iran Due to US Sanctions: Reports
According to a report televised on Iranian state television and quoting the oil minister of the country, a project for the development of a giant natural gas field in the
Published on August 21, 2018
By Debdutta Ghosh
Business & Finance
$1.09bn Made By Tesla Investors Betting Against It Since Elon Musk’s Tweet
Since the controversial tweet from Tesla chief Elon Musk about taking the company private and of a “secured” funding for the purpose on August 7, $1.09bn has bene made by
Published on August 21, 2018
By Debdutta Ghosh
Economics
The Emerging Markets That Are Taking The Hit Of Protectionist Trade Policies
Donald Trump’s trade tariffs have resulted in increase in cost of exporting top the US for the producers in emerging countries from Turkey to China. There is also nervousness among
Published on August 20, 2018
By Debdutta Ghosh
Business & Finance
Profit Warning Issued By Britain’s Mulberry Due To House Of Fraser Burdens
A 3 million pound ($3.8 million) hit would have to be taken by British luxury bag maker Mulberry from the shutdown of House of Fraser which added to the problems
Published on August 20, 2018
By Debdutta Ghosh
