According to the International Energy Agency the global oil glut is all set to be finally cleared – a problem that had resulted in the global oil industry going through its worst crisis ever since the middle of 2014, by OPEC.   The agency said that there has been a drop in global oil...

Even as China retaliates the U.S. announcement of tariffs on Chinese products in the same coin thereby invoking fears of the full blow trade war between the two largest economies of the world, this brewing trade war is proving to be a potential benefit for the Middle East.   Purchasers of...

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...

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...

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...

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...

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...

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...

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 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...

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...