
Debdutta Ghosh
Science & Technology
Driver-less Car Sector Shaken Up By Intel’s $15 Billion Purchase Of Mobileye
In a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp and Qualcomm Inc to develop driver-less systems for global automakers, Intel Corp agreed to
Published on March 14, 2017
By Debdutta Ghosh
Economics
U.S. Tax Overhaul Baked By Boeing And Other Aerospace Manufacturers
Claiming that a set of changes Republicans proposed last year – including a big cut in the corporate tax rate – will make them more competitive globally and help create
Published on March 14, 2017
By Debdutta Ghosh
Science & Technology
Talk To Appliances, Or Text Them? Smart Condo Conundrum
In today’s so-called smart home, simply by talking to a small Wifi-connected speaker, such as Amazon’s Echo or Google’s Home, you can dim the lights, order more toothpaste or tell
Published on March 13, 2017
By Debdutta Ghosh
World & Politics
Largest Humanitarian Crisis Since 1945 Being Faced by the World, U.N. Says
The United Nations humanitarian chief said that with more than 20 million people in four countries facing starvation and famine, the world faces the largest humanitarian crisis since the United
Published on March 13, 2017
By Debdutta Ghosh
Economics
Application To List Bitcoin ETF Rejected By U.S SEC
A request to list what would have been the first U.S. exchange-traded fund built to track bitcoin, the digital currency, was rejected by the U.S. Securities and Exchange Commission on
Published on March 11, 2017
By Debdutta Ghosh
Business & Finance
In Diesel Emissions Scandal, Volkswagen Pleads Guilty In U.S. Court
As part of a $4.3 billion settlement reached with the U.S. Justice Department in January over the automaker’s diesel emissions scandal, Volkswagen AG pleaded guilty on Friday to fraud, obstruction
Published on March 11, 2017
By Debdutta Ghosh
Business & Finance
While U.S. Coal Output May Be Revived by Trump, Reviving Coal Jobs Might Not Be That Easy
The oil and gas industry conditions are just right for Donald Trump if he wants to bring Americaโs coal industry back. Coal is made more competitive in the power sector
Published on March 10, 2017
By Debdutta Ghosh
Economics
Strong February U.S. Job Growth Reported; Wages Likely To Rebound
It is expected that the Federal Reserve will be given the green light to raise interest rates next week despite slowing economic growth as U.S. employers are likely maintained a
Published on March 10, 2017
By Debdutta Ghosh
Science & Technology
As Voice Assistants Race To Cover Languages, Apple’s Siri Learns Shanghainese
With Apple Inc, Amazon.com Inc, Microsoft Corp and now Alphabet Inc’s Google all offering electronic assistants to take your commands, the voice-assistant wars are in full swing with the broad
Published on March 9, 2017
By Debdutta Ghosh
Business & Finance
Dozens Of Trump Trademarks Given Greenlight By China
The U.S. President Donald Trump and his family were given protection were they to develop the “Trump” brand in the Chinese market as documents on China’s state trademark office show
Published on March 9, 2017
By Debdutta Ghosh
Economics
Strategist Sri-Kumar Says Even One US Rate Hike Canโt Be Handled By The World Economy
There could be sweeping impacts on the U.S. as well as the world economics if there is even one small interest rate increase by the Fed, analyst and economists Komal
Published on March 8, 2017
By Debdutta Ghosh
Business & Finance
Bird Flu Scare in U.S. Forces Asian Nations to Restrict U.S. Poultry
South Korea’s government and a U.S. trade group said on Monday that after the United States detected its first case this year of avian flu on a commercial chicken farm,
Published on March 8, 2017
By Debdutta Ghosh
Economics
With $8.5 Billion Cash Call, Deutsche Bank Tests Investor Patience
As the chief executive of Deutsche Bank sought to persuade weary shareholders to sign an 8 billion euro ($8.5 billion) cheque to back his plans, he pledged on Monday to
Published on March 7, 2017
By Debdutta Ghosh
Business & Finance
After $200 Billion Spree Sours, Australia Gas Firms Locked in Legal Battles
In a row over who should shoulder billions of dollars in liabilities sparked by delays and cost blow-outs, producers in Australia are now locked in legal battles with contractors after
Published on March 7, 2017
By Debdutta Ghosh
Business & Finance
After Year’s Biggest IPO, Snapโs Shares Rise
Overcoming doubts about the loss-making messaging app company’s slowing user growth and as investors flocked to buy into the hottest technology stock offering in three years, Snap Inc’s shares ended
Published on March 3, 2017
By Debdutta Ghosh
Economics
Caixin PMI Shows Four Month Low Growth in February for Chinese Service Sector
A private survey in China showed that increasing competition has been making it harder for companies in China to raise prices and therefore, even with new business still growing at
Published on March 3, 2017
By Debdutta Ghosh
Economics
India retains fastest-growing major economy tag despite cash crackdown
Despite the pain caused by Prime Minister Narendra Modi’s shock cash crackdown, India’s economy defied expectations on Tuesday to retain the title of the world’s fastest-growing major economy. From 7.4
Published on March 1, 2017
By Debdutta Ghosh
Economics
In Shadow Of Trump Protectionist Threat, Asian Factories Pick Up Steam
Though the outlook for many of the region’s export-reliant economies remained uncertain in the wake of U.S. President Donald Trump’s protectionist stance, Asian factories extended a global manufacturing revival as
Published on March 1, 2017
By Debdutta Ghosh
Economics
Talks on Greeceโs Financial Bailout Review Resumes Between Athens and Lenders
With the aim of keeping the bailout funds flowing into Greece and to ensure that the crisis-hit nation is kept afloat financially, Greece and its lenders resumed talks, that had
Published on February 28, 2017
By Debdutta Ghosh
Economics
New EU Anti-Dumping Move On Steel Draws Out Disquiet Voice From China
After European Union regulators imposed new duties on steel imports from Chiba, the world’s biggest producer, the country expressed concerns on Tuesday over what it said was increasing protectionism. While
Published on February 28, 2017
By Debdutta Ghosh
Business & Finance
UK Exchange Says It Wonโt Meet Disposal Deadline, Puts LSE-Deutsche Bรถrseโs $31 Billion Merger In Doubt
Confirmation of a potential merger between London Stock Exchange and Deutsche Boerse was announced on Tuesday by the board of the boards of the two firms. After the U.K. exchange
Published on February 27, 2017
By Debdutta Ghosh
Business & Finance
A Share of Oscar Glory Grabbed by Amazon, Netflix
While independent studio A24 won the coveted best picture Oscar, and as Amazon.com Inc and Netflix Inc collected the first Academy Awards for streaming services, Silicon Valley crashed Hollywood’s biggest
Published on February 27, 2017
By Debdutta Ghosh
Economics
Looming Large in Obamacare Talks are Anthem and Blue Crosses
People in the U.S. mostly waited to sign up for Obamacare coverage until they were sick and this is the complain that Anthem Inc. and other U.S. health insurers have
Published on February 27, 2017
By Debdutta Ghosh
Business & Finance
Snap’s IPOโs Performance Could Be Haunted By Ghosts Of Past Tech Ipos
Even as history suggests investors shut out of the initial public offering would be better off waiting a bit to chase this unicorn on the open market, Snap Inc appears
Published on February 27, 2017
By Debdutta Ghosh
Economics
Goodbye to Foreigners Being Waved By This This $2.5 Trillion Index
Some of the foreignness may soon be lost by the U.K.โs equity benchmark. The process by how nationality is assigned to firms on the global equity indexes are proposed to
Published on February 17, 2017
By Debdutta Ghosh
Economics
Nation of Gold Bugs Being Built by Currency Pioneers on Ex-Soviet Fringes
By shifting savings from cattle to gold, an experiment with little parallel worldwide is being embarked upon by a landlocked nation perched between China and Kazakhstan. Kyrgyzstanโs central bank wants
Published on February 17, 2017
By Debdutta Ghosh
Economics
The Already Strained Relationships Between Venezuela and U.S. Just Got Worse
This week, the already strained relationship between Venezuela and the United States, got worse. Saying he oversaw or “partially owned” narcotics shipments of more than 1,000 kilograms (2,204 pounds) from
Published on February 16, 2017
By Debdutta Ghosh
Business & Finance
Pepsi Shares Fall As It Blames Global Macro Concerns For Weak Outlook
Due to weakness in the international markets, particularly in developing regions such as Asia, Middle East and North Africa, the 2017 adjusted earnings forecast was put below the estimates of
Published on February 16, 2017
By Debdutta Ghosh
Economics
Morgan Stanley Says China Will Reach High Income Status And Avoid A Bank Crisis
A new Morgan Stanley report on the nationโs longer-term prospects titled “Why we are bullish on China” says that the country is likely avoid a financial crisis and is on
Published on February 15, 2017
By Debdutta Ghosh
Economics
Analysts React to Copper Prices As Double Mine Closure Pushes Prices to 20 Month High
As closures of two of the world’s biggest mines amplified concerns of a supply shortage, London copper hit its highest levels in 20 months. Noting a continuation of the upwards
Published on February 15, 2017
By Debdutta Ghosh
World & Politics
Unpopular restrictions on payments in cash further weakens the EU Commission
On January 23rd of this year, the EU Commission issued the โCommission Initiative Roadmapโ for 2018 regarding the reinforced fight against the financing of terrorism. These measures happen to beโฆ
Published on February 14, 2017
By Debdutta Ghosh
Business & Finance
Earnings, Nuclear Writedown Delayed As Toshiba Says It Is ‘Not Ready’
Toshiba Corpsโ shares were sent tumbling down sharply and the investors fret over the future of the Japanese conglomerate after the group unexpectedly delayed the release of its quarterly earnings
Published on February 14, 2017
By Debdutta Ghosh
Economics
The Trump White House a Problem for Global Growth, Goldman Sachs Simulates
Goldman Sachs said in a note on Monday that the drive toward tighter trade and immigration policies that are being purportedly undertaken by President Donald Trump are set to dampen
Published on February 14, 2017
By Debdutta Ghosh
Business & Finance
Apple Pay Collective Bargaining Request Narrowed Down by Australian Banks
Australian banks will focus on gaining access to the U.S. tech company’s contactless payment function, removing the fees Apple charges as a bone of contention and are seeking permission from
Published on February 13, 2017
By Debdutta Ghosh
Business & Finance
Hereโs Why Houses Are The Priciest Theyโve Been in Seven Years
A triple threat for the United States housing market this spring is being built up by still-moderate income growth, rising mortgage rates and bigger jumps in home prices. The ingredients
Published on February 13, 2017
By Debdutta Ghosh
Business & Finance
Sales Decline for Ivanka Trump Brand, Shows Internal Nordstrom Data: WSJ
According to internal Nordstrom data reviewed by The Wall Street Journal, with the declines deepening in the run-up to the U.S. presidential election, sales of Ivanka Trumpโs fashion line tumbled
Published on February 12, 2017
By Debdutta Ghosh
Economics
Juncker says Greece Bail Out is on Shaky Ground, Greece says Bailout Deal Close
Greek Prime Minister Alexis Tsipras said he believed the drawn-out bailout review with them would end well and warned international lenders on Saturday not to heap new burdens on his
Published on February 12, 2017
By Debdutta Ghosh
Economics
In a Two-Horse Race with Lockheed, Saab Pitches Modern Combat Jet Plant in India
As Sweden’s SAAB goes head-to-head with U.S. rival Lockheed Martin to supply hundreds of locally produced planes to India’s military, the company has offered to build the world’s most modern
Published on February 11, 2017
By Debdutta Ghosh
Economics
Economist say Little More Than One Year for Brexit Negotiations Could be Available to UK
As the unpredictable European elections seem to look completely set to push back the Brexit talks by more than six months, one senior economist is of the view that U.K.
Published on February 11, 2017
By Debdutta Ghosh
Science & Technology
Lines Over Who Owns Devices Blurred by Companies With Remote Control
The lines between who ultimately controls your phone, or computer, car or appliance: you, or the companies that make it work were further blurred when Samsung Electronics remotely disabled the
Published on February 10, 2017
By Debdutta Ghosh
Economics
Sore Spot in Trump, Abe Meet is Japan’s Love of Tiny Cars
While the path to balancing auto exports and imports will be no easier than it was in the 1980s, Japan’s bulging automotive trade surplus will be a sore spot when
Published on February 10, 2017
By Debdutta Ghosh
Business & Finance
Market Consolidation Dealt a Blow as U.S. Court Blocks Anthem-Cigna Deal
Derailing an unprecedented effort to consolidate the countryโs health insurance industry, a federal judge on Wednesday ruled against U.S. health insurer Anthem Inc’s proposed $54 billion merger with smaller rival
Published on February 9, 2017
By Debdutta Ghosh
Economics
Canada Governmentโs Bombardier Funding Challenged at WTO by Brazil
Accusing Canada of distorting the global aerospace industry with subsidies for planemaker Bombardier Inc, Brazil opened a formal complaint against Canada at the World Trade Organization (WTO). Undercutting the market
Published on February 9, 2017
By Debdutta Ghosh
Economics
Australiaโs Trillion-Dollar Debt Pile Now Develops Cracks
In Australia, mortgage arrears are creeping up, lendersโ bad debt provisions have increased and personal insolvencies are near an all-time high are the three warning signs that back up the
Published on February 8, 2017
By Debdutta Ghosh
Business & Finance
‘Conflict Minerals’ Rule Planed to be Targeted by White House Through Executive Order: Reuters
If media sources are to be believed, a controversial Dodd-Frank rule that requires companies to disclose whether their products contain “conflict minerals” from a war-torn part of Africa is to
Published on February 8, 2017
By Debdutta Ghosh
Economics
Lower Fiscal Surplus Target Should be Met by Greece, says the IMF
Greece should meet the fiscal surplus target preferred by most IMF directors which will help its economy to grow by just under 1.0 percent in the long run given the
Published on February 7, 2017
By Debdutta Ghosh
Economics
A Headache for the EU and Investors is Being Posed by Romania
While asking the Romanian government to increase transparency, both European Union officials and investors have raised concerns over corruption in the country. This followed the government scrapping the constitutional changes
Published on February 7, 2017
By Debdutta Ghosh
Economics
Last Year, $75 Billion Worth of Overseas Chinese Acquisitions were Cancelled: FT
As a regulatory clampdown and restrictions on foreign exchange caused 30 acquisitions with European and US groups to fall through, the Financial Times reports that Chinese overseas deals worth almost
Published on February 6, 2017
By Debdutta Ghosh
Business & Finance
Oil Price Gains Capped by Rising U.S. Drilling After Prices Edge up on Iran Tensions
The global oil markets gains were caped and pulled down by further signs of growing U.S. production even as the prices across various markets edged up on Monday on fears
Published on February 6, 2017
By Debdutta Ghosh
Business & Finance
$8.5 Billion F-35 order Announced by Lockheed and the Pentagon
Noting the lowest price that has been paid to date for the Pentagon’s most expensive program, for 90 F-35 jets, the Department of Defense and Lockheed Martin Corp announced on
Published on February 5, 2017
By Debdutta Ghosh