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China Reportedly Blocks Microsoft’s Bing Search Engine

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...

Matching Lowest Ever Quarterly Growth Reported By China For Q4, 2018

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...

Increased Imports From US For 6 Years Offered By China: Reports

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...

Online Subscribers The New Focus For Consumer Giants

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...

Magna CEO Says Spending On Electric, Self-Driving Cars Should Be Reduced By Auto Industry

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...

10% Of Employees To Lose Job At Elon Musk’s Spacex

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...

Slowest Economic Growth In 2018 For Germany In Five Years

The latest official figures from Germany show that its economy grew at the slowest rate in 2018 since 2013 at 1.5 per cent. There has been a sharp slowdown on the Europe's largest economy as 2018 progressed, shows figures from the Federal Statistics Office.   The primary headwinds causing...

China Slowdown Primary Reasons For Anticipated Profit Drop At Samsung In Q4

The slowdown of economic growth in China - which is one of the crucial markets for the South Korean tech giant Samsung Electronics, was cited to the primary reason for the company being set to announce its first quarterly operating profit in two years.   Such a result would definitely add to...

US & China Hit By Trade War Showed By Apple's Woes, Could Push Both Towards A Trade Deal

Amongst the clearest signs that the Trump administration's trade war with China is hitting the United States is the slowing down of sale of Apple Inc in China and a sudden drop in the manufacturing economy in the US. And according to analysts, these factors could lead both the countries – China and...

Singapore Property Could Have Muted Demand In 2019, Says Researcher

In 2019, Singapore's residential property market could be under pressure because of the rising interest rate environment in the U.S. according to the opinion of an executive from a real estate services and investment firm as told in a television interview.   According to a report from real...

Despite Weighed Down By Growth Fears, Oil Rises To $51 After Steep Drop

As the concerns of the oil industry and the oil market about the future of the global economy, that drove down global oil prices to its lowest since June 2017, ebbed away amidst perceptions that such concerns were overdone and aided by an OPEC-led effort to tighten supply, the global price of oil...

Brexit, Trump Are The Biggest Risks To Economy According To German Industry

The biggest risks to global as well as domestic economic growth potential was posed by the trade disputes that have been initiated by United States president Donald Trump against China, Europe and other countries and the uncertainty that reigns over the departure from the European Union (EU) of the...
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