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Debdutta Ghosh


How To Co-Exist With U.S. Shale Oil Is Being Pondered Upon By OPEC

Since the cartel discovered it had a surprise rival emerging in a core market for its oil around five years ago, the history of the relationship between OPEC and the
Published on May 27, 2017
By Debdutta Ghosh

In First Quarter U.S. Economy Slowed Less Than Expected

Softening business investment and moderate consumer spending are clouding expectations of a sharp acceleration in the second quarter for the U.S. economy as it slowed less than initially thought in
Published on May 27, 2017
By Debdutta Ghosh

Deal To Extend Oil Output Cut To March 2018 Being Neared By OPEC

A deal on extending output cuts by nine months to clear a global stocks overhang and prop up the price of crude seemed closer as the OPEC and non-member oil
Published on May 24, 2017
By Debdutta Ghosh

Economist Mohamed El-Erian Says That In The Stock Rally, The Trump Trade Is Taking A Back Seat

Noted economist Mohammed El-Erian is of the opinion that for the fact that too much money is chasing too few opportunities, there has been a steady rise in the stock
Published on May 24, 2017
By Debdutta Ghosh

Tax Concessions Offered To Apple By India To Expand Production: Reuters

To better allow the import mobile handset components intended for use in local manufacturing tax free, the Indian government has offered to allow Apple Inc certain concession, reported the news
Published on May 23, 2017
By Debdutta Ghosh

Declining Import Needs Highlighted By U.S. Plan To Sell Oil Reserves

As the domestic production in United States soars, a weaning off OPEC crude and a decline in the biggest oil user’s reliance on imports are highlighted by President Donald Trump’s
Published on May 23, 2017
By Debdutta Ghosh

A Way To Unlock Wannacry Without Ransom Found By French Researchers

Racing against a deadline as the ransomware threatens to start locking up victims’ computers first infected a week ago, French researchers said on Friday they had found a last-chance way
Published on May 22, 2017
By Debdutta Ghosh

Even As Political Scandal Swirls, Brazil Slowly Developing Into A Fintech Powerhouse

Brazil has a thriving financial technology (fintech) sector that has managed to defy the country’s political and economic turmoil even as the country is attempting to extricate itself from a
Published on May 22, 2017
By Debdutta Ghosh

With Market Cap Up $4 Billion This Week Alone, Bitcoin Hits $1,900 To Reach Record High

Driven by global political uncertainty and key developments within the cryptocurrency world, Bitcoin broke through the $1,900 mark for the first time on Friday. According to Coindesk’s bitcoin price index,
Published on May 20, 2017
By Debdutta Ghosh

Clues To Ransomware Worm’s Lingering Risks Found By Security Experts

A survey for Reuters by security ratings firm BitSight found that Microsoft’s Windows 7 operating system without the latest security updates were being run by two-thirds of those caught up
Published on May 20, 2017
By Debdutta Ghosh

Operations In India And South Africa To Be Cut By GM

In what is being touted as General Motors Coโ€™s latest steps in a strategy of focusing cash and engineering effort on fewer, more profitable markets, the car maker plans to
Published on May 18, 2017
By Debdutta Ghosh

Political Scandal Set To Crash Brazil Stocks, Hot Emerging Markets Trade Also To Be Dragged Down

As a result of an emerging scandal involving the country’s recently installed president, there has been a steep crash in the Brazilian stocks. There was a more than 17 percent
Published on May 18, 2017
By Debdutta Ghosh

Even With A Cash Pile Of Over $250 Billion, Apple Is Issuing A Euro-Denominated Bond

As Apple Inc looks to tap the strong debt markets in Europe, even as it maintains a cash pile of over $250 billion, it issued a dual-tranche euro-denominated bond on
Published on May 17, 2017
By Debdutta Ghosh

Academic Says, Trump’s Downfall Is Kept At Bay By White Identity Politics

President Donald Trumpโ€™s style of “white identity politics” should be enough to protect him from impeachment, and he has managed to bolster core support among Republican voters since his inauguration,
Published on May 17, 2017
By Debdutta Ghosh

$5.2 Billion Purchase Deal As Agrees To Buy Drug Ingredients Maker Patheon

As Thermo Fisher Scientific Inc looks to become a one-stop shop for contract drug development and manufacturing, the company has said that it would buy Dutch drug ingredients maker Patheon
Published on May 16, 2017
By Debdutta Ghosh

Hard Push For Lowering Of Tax Rate On Offshore Profits Being Given By U.S. Companies

The tax break that the Trump administration has already tentatively proposed on $2.6 trillion in corporate profits being held offshore, a key piece in Washington’s intricate tax reform puzzle, is
Published on May 16, 2017
By Debdutta Ghosh

Amid A Quiet Market, Technicals Stand Out

The biggest concern for some market analysts is the lack of concern with the S&P 500 and Nasdaq Composite hovering near record highs and as the strongest earnings season since
Published on May 14, 2017
By Debdutta Ghosh

Europe, Japan Failed To Be Reassured By The US Over ‘Trumponomics’

While Europe and Japan have showed that they remained worried about Washington’s shift in trade and economic policies, the United States said on Saturday that the world’s other rich economies
Published on May 14, 2017
By Debdutta Ghosh

U.S. Warned Not To Upset Global Growth By G7 Finance Chiefs

A decades-long global consensus in areas such as trade and financial regulation criticized by U.S. President Donald Trump, was pressed not to be broken up by the United States, finance
Published on May 13, 2017
By Debdutta Ghosh

U.S. Warned Not To Upset Global Growth By G7 Finance Chiefs

The stakes for American grocery chain operators who have been caught in an intense price war would be raised as the German discount supermarket chain Lidl is set to open
Published on May 13, 2017
By Debdutta Ghosh

ASEAN’s Next 50 Years Could Be Shaped By These Three Ideas

As the Association of Southeast Asian Nations (ASEAN) celebrates 50 years of existence, among the key issues facing the 10 member countries of the bloc are inclusive growth, harnessing the
Published on May 12, 2017
By Debdutta Ghosh

There’s Never Been A Better Time To Buy Oil For Some, Say Analysts

A wave of new supply in oil is hitting the market from Texas to Libya, OPEC seems to be losing its ability to influence prices and oil is trading near
Published on May 12, 2017
By Debdutta Ghosh

Chinese Investors Being Thrown For A Loop By Beijing’s Crackdown On Risky Debt

The local markets are being shocked by China’s latest efforts to crack down on high and increasingly risky forms of debt in its financial system. Investors are kept on edge
Published on May 10, 2017
By Debdutta Ghosh

U.S. Union Report Says U.S. Workers Dwarfed By CEO Pay

There are no signs of narrowing down of the earnings of U.S. CEOs and workers, and a labor group analysis that was released recently described this as a wide and
Published on May 10, 2017
By Debdutta Ghosh

As Earnings Beats Hit 7-Year High, Europe Stocks Look To Dethrone US Counterparts

In this current earnings quarter, European firms have found that the number of positive surprises for them is turning out to be the best in seven years, says the Swiss
Published on May 9, 2017
By Debdutta Ghosh

Goldman Sachs Explains Reasons For Commodities Rally Probably Being Different This Time

The rally of commodity prices might not be seen this time around, Goldman Sachs said in a note, even as the lending and investor bank noted that such prices usually
Published on May 9, 2017
By Debdutta Ghosh

Euro Political Risk Trade Quashed By French Vote

The spread of populism in Europe and the threat that might pose to the future of the euro was one of the trades of 2017 for the big financial investors
Published on May 8, 2017
By Debdutta Ghosh

Brexit Forces Large Banks To Plan Shift Of 9,000 Jobs From Britain

As the exodus of finance jobs starts to take shape, public statements and information from sources shows that the largest global banks in London plan to move about 9,000 jobs
Published on May 8, 2017
By Debdutta Ghosh

Brakes On Autos Finance Boom Could Be Placed By Drop In Diesel Car Demand

A risk to the lucrative financing plans used by major automakers to sell millions of cars is being posed due to a plunge in sales of diesel cars in Europe’s
Published on May 5, 2017
By Debdutta Ghosh

In The Japanese Labor Market, Something Major Is Changing, Says Bank Of Japan’s Kuroda

According to Japanโ€™s top central banker, there’s something changing in the countryโ€™s economy. He is seeing shifts in the country’s labor market, and that could augur good things for the
Published on May 5, 2017
By Debdutta Ghosh

Pushing For Mid-Tier Asian Millionaires, UBS Breaks Ranks

With the aim of grabbing a bigger share of the fast-growing mid-tier millionaire segment in Asia-Pacific, UBS Group AG plans to hire about 100 wealth management client advisors over the
Published on May 4, 2017
By Debdutta Ghosh

June Rate Hike Coming Your Way, Fed To The Market

The U.S. Fed signaled it is still moving ahead with policy tightening and gave a nod to a temporary weakness in the economy as expected. “They’re looking past the first-quarter
Published on May 4, 2017
By Debdutta Ghosh

Apple Shares Fall As The IT Giant Posts Surprise Dip In iPhone Sales, But Revenues Increase

In an indication that customers may have held back purchases in anticipation of the 10th-anniversary edition of the company’s most important product later this year, Apple Inc reported a surprise
Published on May 3, 2017
By Debdutta Ghosh

After Customer Disasters, U.S. Lawmakers Grill Airline Executives

After a passenger was hauled down the aisle of a flight last month, legislation aimed at improving customer service was threatened to be passed by U.S. lawmakers against United Airlines
Published on May 3, 2017
By Debdutta Ghosh

The Start Of Political Upheaval For France Could Be Marked By Macron Victory

As Emmanuel Macronโ€™s inability to form a parliamentary majority threatens to undermine his authority both domestically and across Europe, France’s political course is likely to remain far from certain even
Published on May 2, 2017
By Debdutta Ghosh

Commitment Of Creating 10,000 US Jobs Given By Indian Outsourcing Firm Infosys

Four new technology and innovation hubs across the U.S. that will train American workers in areas like cloud, artificial intelligence and big data is being opened up by Infosys, India’s
Published on May 2, 2017
By Debdutta Ghosh

U.S. Cattle-Feeding Business To Be Exited By Major Beef Supplier Cargill

In what is the latest transformation for the global commodity trader, Cargill Inc said that it will be exiting the business of feeding cattle to direct capital toward other potential
Published on April 30, 2017
By Debdutta Ghosh

Foxconn Chairman Gou Says The Company Plans ‘Capital-Intensive’ U.S. Investment

Foxconn Chairman Terry Gou said as he exited the White House that the company is planning a “capital-intensive” investment in the United States. Foxconn is the world’s largest contract electronics
Published on April 30, 2017
By Debdutta Ghosh

As Tillerson Calls For Sanctions, North Korea Tests Missile

Hours after U.S. Secretary of State Rex Tillerson mounted an effort at the United Nations to rally pressure against Kim Jong Unโ€™s regime, North Korea test-fired a ballistic missile. According
Published on April 29, 2017
By Debdutta Ghosh

Shower Water Waste Is Being Reduced By This NASA-Inspired Company

Taking inspiration from something that is way up in space, one company claims that it has invented the world’s most efficient shower. A shower that reuses and reduces water consumption
Published on April 29, 2017
By Debdutta Ghosh

Oil Industry Turnaround Signaled By Surging Chevron, Exxon Profits

In a telltale sign that the oil industry has regained its footing after a two-year price spiral, Wall Street’s profit expectations were easily beaten by Chevron Corp and Exxon Mobil
Published on April 28, 2017
By Debdutta Ghosh

Voter Abstention Threatens To Swing In Le Penโ€™s Favour As Macron’s Lead Narrows,

As Emmanuel Macron’s lead against far-right Marine Le Pen has narrowed ahead of the final week of the French Presidential race, his assumed grip on the keys to the Elyee
Published on April 28, 2017
By Debdutta Ghosh

While Jobs Are Less Certain To Follow, Companies Cheer Trump Tax Cuts

While it was unclear whether they would stimulate a surge in investment and job creation in return, the general agreement was that U.S. businesses would reap a windfall if President
Published on April 27, 2017
By Debdutta Ghosh

White House Says NAFTA Wonโ€™t Be Terminated Yet, Trump Tells Canada, Mexico

Donald Trump will not terminate the NAFTA treaty at this stage, but will move quickly to begin renegotiating it with them, the U.S. President told the leaders of Canada and
Published on April 27, 2017
By Debdutta Ghosh

As SEC Gives Potential Second Shot To Winklevoss ETF, Bitcoin Marches Towards All-Time High

Based on renewed hope that U.S. regulators could approve a key trading product for the cryptocurrency, bitcoin has risen around 2 percent in the past day, pushing towards its all-time
Published on April 26, 2017
By Debdutta Ghosh

Investigations Over Suspected Fraud To Be Conducted Against Airbus CEO By Austrian Prosecutors: Reuters

In connection with a $2 billion Eurofighter jet order by Austria that was given about more than a decade ago, the Airbus Chief Executive Thomas Enders is being investigated for
Published on April 26, 2017
By Debdutta Ghosh

As It Plunges Into Loss, Sweden’s Ericsson Faces Painful Overhaul

After shrinking markets, tough competition and restructuring costs pushed it to a quarterly operating loss on Tuesday, mobile telecom equipment maker Ericsson faces a long and painful overhaul. An operating
Published on April 25, 2017
By Debdutta Ghosh

As Tensions Simmer In the Korean Peninsula, U.S., North Korea Flex Military Muscles

As nations in the region stepped up diplomatic talks to defuse a brewing crisis over Kim Jong Unโ€™s nuclear program, the U.S. and North Korea both showed off their military
Published on April 25, 2017
By Debdutta Ghosh

As Trump Orders U.S. Visa Review, Indian Techies, IT Firms Fret

President Donald Trump’s review of the visa programme for bringing highly skilled workers into the United States comes at a bad time for Grishma, an Indian software designer. She was
Published on April 24, 2017
By Debdutta Ghosh

US Aircraft Carrier Could Be Struck At Any Point, Says North Korea

Even as two Japanese navy ships joined a U.S. carrier group for exercises in the western Pacific, in to demonstrate its military might, North Korea was ready to sink a
Published on April 24, 2017
By Debdutta Ghosh
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