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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...

Exports Key to Greece’s Bailout Exit, Focus Should be on New Growth: Experts

According to official data, the key driver that enabled Greece to come out of the bail out program was the enhanced exports of goods and services.   According to experts, there was enough potential remaining in Greece to stage a comeback despite many industries – which were hard hit by the...

Study Finds Green Energy Tariffs Is Half Of The Top 10 Lowest Energy Tariff Offers In UK

According to a study, even though many of the consumers believe that renewable energy deals are more expensive than conventional energy ones, the fact is that the cheapest deals on the energy market are accounted for by green tariffs.   The study conducted in the United Kingdom, green energy...

China’s New Car Industry Policy Encouraging For BMW: Company Executive

German carmaker BMW Group wants to take complete advantage of the opening up of the car industry in China. said a senior executive of the company in an interview to the media.   "If you look at those big collaboration projects with Chinese companies, like Great Wall, Baidu, which we...

Report Claims Over 6 Billion UK Workers Concerns Of Job Loss Due To Automation

Fears that machines could take over their jobs in the next decade or so have been expressed by over six million workers in the United Kingdom according to a report which also called on the government to and trade unions to create strategies for supporting such people whose jobs would be at risk....
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