Amidst rising tensions between the United States and the European Union over trade and trade related regulations, a threat of retaliation has been issued by the EU to the US if the latter foes ahead with its plan of imposing additional tariffs on vehicles imported into the country – including those...

Making use of the upcoming 2022 World Cup, the authorities in Qatar want to create a large sports sector in the country by attracting more sports companies to the Gulf state and aims to create an industry worth about US$20 billion according to media reports quoting officials from the country....

Those subsidies to its domestic industries that allegedly distort the market would be stopped by China, said the second largest economy of the world according to a report published by Reuters. The report, based on information gathered from three people familiar with the U.S.-China trade talks in...

The executive compensation at Chevron Corp would be tied to reductions of greenhouse gas emissions after the company sets targets for reduction which would be mandatory to achieve for executives. The company also plans to tie the rank-and-file bonuses to this condition. This was disclosed by the...

There is need for the United States to develop its own version of Europe’s new GDPR regulatory framework, said Microsoft CEO Satya Nadella at the World Economic Forum in Davos while stressing on the need for securing privacy on the internet.   And with regards to online regulations, Nadella...

A latest reports published in the Financial Times, the latest United States based technology service that has come under fire in China is Microsoft’s Bing search engine which reportedly has been banned in the country and consequently inaccessible to users inside China.   There were complains...

There has been a further slowdown in the Chinese economy in the quarter of last year and the growth rate of the economy has reached a level that was recorded to be the lowest seem during the global financial crisis of 2008-09.   According to data released Monday by the National Bureau of...

According to a news report published in CNBC, an offer of a six year boost in its imports have been offered by China in its ongoing talks and negotiations with the United States on reduction of trade conflict, ironing out of trade related issues between the two largest economies of the world and a...

The rising taste of consumers to wanting food household goods delivered automatically is planned to be catered to by some of the major consumer companies including Unilever, Procter & Gamble and Nestle. However experts say that this strategy has not been always successful.   Stable...

According to the chief executive of global parts supplier Magna International, the focus of the global automobile and auto parts manufacturers should be on forming partnerships and should reduce the amount of investments that they are making of they want to take advantage of demand for electric and...

More than 10% of its 6,000-person workforce would be laid off by SpaceX because of issues that the company is reportedly having with two of its most expensive projects.   While claiming that its financial position is strong enough, Elon Musk's space exploration company claimed that the jobs...