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Weekly Gains Recorded By US Stocks Despite Trade Issue And Dampening Data

Despite investor concerns over the escalating trade war between the United States and China, all of the three major indicators in the largest economy of the world did well in the week ending Sept. 14 primarily based on some positive data released in that time.   The Dow, the S&P 500 and...

Despite Talk Calls, Tariffs On China Of $200 Bn To Be Imposed By Trump: WSJ

According to a news report in The Wall Street Journal, despite the United States to China call for a start of another round of trade negotiations, the country’s president Donald Trump is getting ready to impose the third round of import tariffs on Chinese goods worth $200 billion.   ...

Tech Giants Could Need To Pay Billions To Publishers Under The New EU Copyright Act

The European Union passed a controversial change to its copy right law that will see technology companies such as Facebook and Google having to share \a greater portion of the revenues with music companies, film-makers and media publishers which to by many could run into billions of euros.  ...

Thinktank Says Fossil Fuel Demand Will Peak Globally In 2023

A group of experts predict that by 2023, there can be a peaking in the demand for fossil fuels globally which will result in a direct impact on the financial markets as there would potentially be no use of oil, coal and gas assets that would be worth trillions of dollars.   According to...

Emerging Markets Hit By Share And Currency Sell Offs

Trade war tensions and a strengthening US dollar hit a majority of emerging markets with fresh sell offs in shares and currencies and Indonesia, Saudi Arabia and China were the prominent ones to be hit.   Concerns among global investors about the fate of emerging markets following the path...

The Already Weak Turkish Lira Under Pressure By Rising Inflation In August

Rate of inflation in Turkey reached the highest mark in 51 years in the month of August which exerted greater pressure on the already tumbling currency of the country – lira. Meanwhile, a rate hike has bene hinted at by the central bank of the country for next week.   According to the state...

India's GDP grows at 8.2% in June quarter, retains fastest growing economy tag

The Indian economy grew at a rate of 8.2 per cent during the first quarter of the financial year 2018-19 making it the fastest growing major economy in the world for the same time period. The economy’s strong show in the April-June quarter was driven by strong core performance and a healthy base....

Global Trade Order In Under Threat From Trade War: WTO Chief

Director General of the World Trade Organization (WTO) Roberto Azevedo has said that there is now a threat to global trade from trade war and irrespective of whether the current situation can be called a trade war or not, there is need for immediate action as the first steps towards a trade has...

Pixelated Models Giving A Run To Real Life Models?

Brenn, a famous model by now, was first seen in an Instagram post where she was staring into the camera with light eyes that just appeared to be placed a bit too far apart. She had dark skin with glistening pursed lips and wore short, curly hair in the picture.   One could be tricked into...

Alibaba And Tencent Are The Only Options For Retailers Seeking Chinese Market

According to a partner at Bain & Company, there is very little choice but to partner with Chinese online giants like Alibaba or Tencent for retailers who seek to enter the lucrative consumer market of China.   James Root said in a television interview that over the last four to five...

Research Suggests A 5% Increase In UK Food Prices Due To Extreme Weather

A research has suggested that the extreme weather in the UK this year would result in an increase of at least 5 per cent in the prices of meat, vegetable and dairy prices.     Consumers could have to shell out 7 pounds every month because of the big freeze and heatwave this year, said...

Tariffs Will Hike Prices, Sale And Jobs Would Be Lost: US Industry Leader

According to a US industry association leader, American consumers have to pay higher prices for products later on because of the US tariffs on Chinese products.   "We're having some serious problems with this tariffs situation," said Rick Helfenbein, president and CEO at the American Apparel...
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