The global crypto currency market again dropped this week triggered by a fall in bitcoin. Since the beginning of the year, there has been a constant drop in the crypto value across various digital currencies. The crypto currency fell to its lowest in over a year and dropped below the critical support level of $6,000.…
It is necessar4y for the US Congress to take action against Facebook Inc. and regulate the social media platform because the company cannot be trusted with self regulation, said Democratic U.S. Representative David Cicilline who is widely anticipated to adorn the post of the next chairman of House Judiciary Committee’s antitrust panel. Putting up a…
It was more than two years that the UK government had ordered that 350 of the biggest UK firms should ensure that at least a third of boardroom positions should be held by women by 2020. But there is not a single woman on the board of five British companies till now. And only one…
US farmers are in for tough times after virtually losing out on their biggest market China because of the protracted trade war between their country and the second largest economy of the world. And the hope now lies in new markets for them to export their produce. But comparison of other possible markets based on…
Multiple reports that the United States administration is considering a ban on methanol cigarettes caused a hit to the shares in two tobacco giants. There was a drop of 10.6 per cent in the shares of the British American Tobacco which was its lowest in almost five years, while there was a 2.2 per cent…
Natural gas is expected to overtake coal as the world’s second-largest energy source after oil by 2030 due to a drive to cut air pollution and the rise in liquefied natural gas (LNG) use, the International Energy Agency (IEA) said on Tuesday, The Paris-based IEA said in its World Energy Outlook 2018 that energy demand…
Turkey’s President Tayyip Erdogan has said the Germany, France and Britain has been handed over all of the recorded proof that was with the Turkish authorities in relation to the murder of veteran journalist Jamal Khashoggi. Analysts view this as a strategy by Turkey to keep up international pressure on Riyadh in the issue. Last…
According to a revelation of the United Kingdom HR body, the CIPD, labour shortages are being faced by firms in the country and there is a “reversal” in the number of migrant worker in UK workplaces. The outcome of the report – the shortage of both EU and non-EU migrants, indicates that there is a…
China has for the first time granted permission to a credit card company from the United States for setting up its own payments network in the second largest economy of the world. This green light has been granted to American Express. Preliminary approval to handle payments in yuan has been granted to American Express by…
A new study shows that Malaysia is at the center of the world’s global Islamic economy even though the United Arab Emirates (UAE) is fast catching up on it. The economic gap between the two leading countries of the Islamic economic world is closing down according to the study titled “State of the Global Islamic…
