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China’s Defense Industry Is Fastest Growing in Asia, Says New Market Potential Index from Jane’s by IHS Markit

With the Asia Pacific region. China, Japan and Australia are the countries that have the most capabilities with respect to defense industrial capabilities. This was revealed in a very recently published research report on the new Market Potential Index conducted by HIS Markit.   The research...

ILO Report Says Job Quality For The Young Scary, Even Though Youth Unemployment Has Reduced Globally

According to the International Labor Organization (ILO), accounting for over 35 percent of the unemployed worldwide in 2017 were young people seeking work, but who were troubled by a persisting overall trend of insufficient good jobs.   The ILO said that the quest for some form of decent...

Bitcoin Breaks Another Record, Flies Past $8,000 Mark

Bitcoin – the largest cryptocurrency of the world, hit yet another high, as it continues to defying growing bubble fears in its relentless and volatile rally and is exhibiting no sign of slowing down.   On Monday ate around 9:27 a.m. in New York, there was a rise of as much as 6.7 percent in...

IHS Markit Says Sharp Fall In TV Shipments In China And North America In Q3 Of 2017

The retail demand for higher LCD TV panel was weighed down in the third quarter of current year due to the impact of higher prices that were noted at the start of 2017. The segment noted slower retail price erosion especially in the markets of China and North America which are the very price...

Customer Consent Would Be Sought By Credit Card Providers Before Enhancing Credit Limits

Recent research has found that raising of credit limits for credit cards is one of the major reason for individuals getting into a debt trap and suffering form debt related problems in the UK, following which credit card providers have reportedly agreed to comply with the Financial Conduct...

Worried About The ‘Amazon Effect’ On Its Consumer Health Products, Byers Ropes In New Head

German drugmaker Bayer feels that its consumer health brands most often do not appeal enough to consumers on digital platforms like Amazon and other online platforms and hence the company has not been able to realize as much of revenues as it would have liked from the segment. And to reverse this...

Tractica Report Predicts Shipments Of Connected Wearable Patches To Touch 35.1 Million By 2022

A latest research report estimates that wearable patch sale will see significant growth by 2022. The report which was prepared and released by Tractica estimates that the shipment of such wearables would reach a total of 35.1 million units every year by the year 2020.   Worn for a small...

UAE Wants To Upgrade F-16 Fighters And Gets Into $1.6 Billion Agreement With Lockheed Martin

The United Arab Emirates will conduct upgradation of its 80 F-16 jet fighters and for this purpose the country will shell out 6 billion dirhams ($1.63 billion) to Lockheed Martin Corp, according ot an announcement of the Defense Ministry whose spokesman said this on Sunday.   The...

Last Year, Record Amount Of Gas Was Exported To Europe By Norway

Compared to the volume of gas exported to Europe in 2015, an increase of 9 billion cubic meters of gas in exports from Norway to Europe was seen last year which was at a record high of 123 billion, according to a report in the newspaper Aftenposten.   The new paper report further said that...

Nordea CEO Says There Is No Coming Back Of The Disappearing Bank Jobs

Just a down payment for an industry facing radical overhaul are the 6,000 job cuts announced last week at Nordea Bank AB, according to Chief Executive Officer Casper von Koskull.   “If somebody says, where are we, or where are banks, 10 years from now, banks could easily have half what...

U.S. Aluminum Foil Anti-Dumping Duties Angers China

China has urged the U.S. to correct its “mistaken methods” in relation to the later imposing hefty anti-dumping duties ranging from 97 percent to 162 percent on Chinese aluminum foil, even as the second largest economy in the world has said that it was “strongly dissatisfied” with the U.S. over the...

While America Loves Trucks, Wall Street Loves Electric Cars

Americans are paying ever higher prices to buy big, fuel-thirsty trucks like Ford Motor Co’s bestselling F-Series pickups as they are in love with them even though Wall Street may love the shares of Silicon Valley electric carmaker Tesla Inc.   As governments float proposals to ban internal...
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