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Global Nuclear Market Left Open For Russia & China After Japan Inc Exit From Foreign Projects

The British and Turkish nuclear newbuild industry would be left open only to Russian and Chinese state-owned companies because the Western [private companies are too weak to complete after the potential exit of Japanese conglomerates from nuclear export projects in Britain and Turkey.  ...

Possible January Trade Talks Between China And US: US’s Mnuchin

According to United States Treasury Secretary Steven Mnuchin, meetings between trade representatives of the US and China would probably hold their first official meeting since the 90 day trade truce in January for development of a larger truce in the trade was but it was not likely that they would...

Citi Says A G20 Summit Will Not Necessarily Bring End To Trade War

According to the view point of Citibank's Asia Pacific regional head of investments, strategic dominance instead of trade is more the core issue in the every escalating trade tensions between the two largest economies of the world the United States and China.   "It's not something that's...

Global Crude Prices Reach Lowest Since December 2017 As Slump Continues

Concerns over an emerging over supply in the market and the bleak forecast cause global oil prices to drop to its lowest in seven months on Friday.   The fall has made the prospect of a production cut by the Organization of the Petroleum Exporting Countries (OPEC) an eventuality after the...

Facebook Fails To Prevent Of Auction Of Teenage Girl By Her Father In South Sudan

According to the claims of a children's charity, the 3000 people that the largest social media platform in the world Facebook has reportedly hired could not prevent a father to use the platform to call for an auction of his teenage daughter for marriage and then marrying her off based on bids he...

US Import Tariff On Steel & Aluminium To Be Investigated By WTO

The legality of the decision of the United States to impose import tariffs on steel and aluminium on the pretext of national security will now be investigated by the World Trade Organization.   The US has reacted to the announcement made on Wednesday saying that the legitimacy of the...

Tech Shares Hit By Disappointing Results, Impacting The Larger Market

Technology stocks have again rattled the financial markets.   A general drop in the technology company shares across the board saw the S&P 500 fall earlier last week while over 2 per cent drop in the Dow Jones Industrial Average and the Nasdaq Composite was also noted.   In terms...

Trade War Lowers Pork, Beef Prices In US, Chicken Industry To Be Hit

A reduction in exports of pork to China and Mexico because of the trade wars by President Donald Trump has forced US consumers to change taste and opt for cheaper pork compared to chicken. The lowered exports of pork products have also brought down its price in the US.   Supplies of pork and...

Sales Warnings Form iPhone Suppliers Force Down Apple Inc Shares

In what was a clear indication of weakness in projected iPhone sale, three of Apple Inc’s suppliers issued warnings on results which drove the shares of the US tech giant to a three month low.   Every new launch of the iPhone from the Cupertino, California, company is making the much loved...

Agreements With Ride Hailing, Delivery Firms New Business Strategy In Africa For Car Makers

Car makers have undertaken a strategy of luring tide hailing companies and delivery firms to increase sale in the African market.   For example, Japanese car maker Suzuki Motor Corp has struck a loans and discount deal with the US based ride-hailing company Uber Technologies and South...

China Willing To Resolve US Trade Dispute Of Talks Are Held On Equal Footing

According to media reports quoting one of the top commerce officials of China, the second largest economy in the world is not averse to patching up with the United States in terms of the trade disputes if there is mutual respect, integrity and equal footing in the talks.   During a news...

Following A Volatile Decade, Harvest Being Reaped By Early Bitcoin Investors

Since the release of a whitepaper that detailed the need for an internet currency which could be put to use as a mode of payments without the requirement of a third party such as a bank, by Satoshi Nakamoto, bitcoin’s mysterious founder, the crupto currency has seen many upheavals in the following...
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