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Crypto Currencies Get A Set Bank In India And Pakistan Due To Government Crack Down

The prices of crypto currencies - including bitcoin, in Indian exchanges was slashed dramatically after the country’s central bank banned the country’s banks from retaining any relation or links with dealers of crypto currencies.   Crypto currencies were also announced not to be legal in...

Amidst Rising Global Trade Tensions, Europe Firm On Its Stand on Trade with U.S.

In a global trade environment tensed by possible trade war between the Unites States and China and the more protectionist stand taken by the Trump administration, a firm stand was taken on trade with the U.S. by France and the European Union.   The EU was granted a waiver by the Trump...

Tap Rooms The New Bet To Tap The Market For Craft Beer Makers

While there is a rising trend of closure of pubs in the U.K. and the increasing dominance of big brewers, the tradition of brewery tap rooms is being revived by British craft beer makers to counter those trends.   According to a report by the Society of Independent Brewers (Siba), a tap...

Global Semiconductor Industry Noted Highest Growth In 14 Years; Revenues Of $429 Billion In 2017

The highest ever year-on-year growth for the global semiconductor industry in the last 14 years was noted by it in 2017.    Market research firm in critical information, analytics and solutions, IHS Markit said that a growth rate of 21.7 per cent was reached by the revenues generated in...

Many U.S. Tech Firms Are Blocked In China, Little Impact Of China Tariff On Them If Imposed

U.S. technology giants which includes the likes of Alphabet and Facebook would probably not be impacted by import tariffs by China against the U.S. because the services provided by such companies are already prohibited in China.   U.S president Donald Trump’s latest round of tariffs on $60...

Two More Interest Rate Hikes Likely This Year As Fed Raises Benchmark Interest Rates

The U.S. Federal Reserve has signaled that it would most probably hike interest rates twice more this year because of multiple factors which include the "strengthened" economic outlook for the U.S. economy in recent months. The Fed gave these signals while announcing another hike on Wednesday of 25...

Data Misuse Allegations Against Facebook Raises Demand For Investigation And New Regulations

There have been recent reports that access to about 50 million users’ data starting in 2014 had bene gained by a political consultant which resulted in questions about personal data safeguards being raised from within the Congress along with calls for new regulations for companies like Facebook...

New Rules For Online Political Ad In US To Put Facebook, Google In A Tough Situation

New rules for internet advertising for political ad buyers could put them in the face of stricter disclosure mandates if the U.S. Federal Election Commission (FCE) enacts the laws.   Political ad seekers would have to disclose the identity of the sponsors of online advertisements if the new...

Oil Demand And Global Growth Could Be Slowed By Trump’s Trade War, Warns OPEC

According to a warning issued by OPEC on Wednesday, global economic growth would be slowed down by the protectionist trade policies of U.S. President Donald Trump.   In its monthly oil market report, the 14-nation oil cartel has identified as a number of headwinds for the global economy...

Economic Downturn Being Expected By Private Equity Funds

Despite a positive economic outlook for the world, leveraged loan markets and a positive mood in the private equity, the market is perhaps at its best currently, warns senior participants.   Factors such as aggressive deal plans, proliferation of huge buyouts and rise in purchase prices have...

National Security Risks Cited By Trump To Block Broadcom’s Hostile Takeover Bid Of Qualcomm

Following the scrutiny of a secret panel about the fall out to national security of the U.S. from ma possible deal between Broadcom Ltd and Qualcomm Inc., U.S. President Donald Trump stopped the hostile takeover of the later by the former via an executive order.   The recommendation for the...

Deal Between Saudi Arabia And BAE For Typhoon Purchase Nearing Completion

A deal for the purchase of 48 Typhoon fighter jets by Saudi Arabia from BAE Systems – the British aerospace company is near to a closure, said the British company.    The two sides of the deal signed a memorandum of intent for the purchase soon after a meeting between the Saudi Crown...
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