A compromise solution was reached between the United States and France over the issue of the European nation imposing a new tax on large digital companies which have engulfed a number of United States based companies such as Google and Facebook. The US had taken exception of the new French...

The United States and Japan have agreed on an initial trade deal that could be signed in New York later this month by the US president Donald Trump and Japanese Prime Minister Shinzo Abe, said Trump.     However, reports quoting top Japanese officials claimed that a deal is yet to...

The battle is discreet but very real: some would like to see cash disappear. Many arguments are put forward on both sides, but the question of the effects of a cashless society on the most vulnerable should be given more consideration. Can cashless society help social inclusion? The intentions may...

While the attack at one of the largest oil facilities in Saudi Arabia is believed to have reduced the capacity of the kingdom to produce oil by half, it has also left the United States to be the only country in the world that has the ability to address the issue of shortage of supply of oil to the...

For car makers of Europe, time to meet the ambitious EU emissions targets is running out fast because they have waited till the last minute. The outcome of now meeting the emission targets for Europe would mean facing billions in fines for breaching of environmental norms.   Car makers such...

The trade war between the United States and China has hit numerous original equipment manufacturers (OEMs) of China. This has also turned out to be a turning point for such Chinese companies which had so far thrived by supply products to Western companies and the business model involved the Western...

The prolonged trade war between China and the United States is having an impact with a substantial drop in industrial profits as well as a slowdown in the inflows of foreign investment in the Chinese stock markets, even though some of the business sectors in the country have reported good earnings...

Despite the trade tariffs imposed on Chinese imports into the country by United States president Donald Trump, the trade deficit of the country with   China touched a six-month high for the month of July even though the US economy as a whole saw a slight contracting in its trade deficit....

British farmers what the government to impose import tariffs on eggs, some dairy products, horticultural products and grains in case of the United Kingdom having to leave the European Union without a trade agreement. This demand was made to the British Prime Minister Boris Johnson by the Britain’s...

Many view the outspoken CEO of United States based electric car maker to be a great disruptor of the auto industry as it goes through a massive change.   However, during a television interview, Ford CEO Jim Hackett emphasized that biggest industrial disruption of the entire 20th century was...

The trade tensions across the globe have driven down the price of oil throughout the world which has hit Norway’s krone which touched its lowest level since the 2008 financial crisis. This significant drop in the value of the krone now threatens large sections of the Norwegian economy.   The...