It was three years ago that a surge of refugees threatened to overwhelm the European Union. And now the arrival of migrants into Europe is again causing a political crisis. EU leaders are considering on an urgent basis the revamping of the stalled asylum system of the block even though the number of refugees now…
For the first time in its history, financial results were published by French fashion group Chanel this week which showed the credentials of the brand as the largest fashion brand in t world in terms of rale revenues and profit – both of which showed strong growth in 2017. The privately-owned company has always kept…
Harley Davidson and the likes has been excluded in the list of American products that India is planning to impose tariffs on. Apples, walnuts and some chemical and metal products are among the American products that India wants to impose retaliatory tariffs on, the Indian government confirmed this week. The tariffs will take effect on…
A recent report in the UK conducted by Women in Sport claims to have found that incidents of discrimination because of their sex were faced by 40% of women in the sports industry. However, 72% of the males in the industry said that they found no inequality, found the report. The study was based on a…
The prediction of analysts at GBH Insights for Netflix’s share price is $500. This online streaming giant, is taking on all comers in its race toward the top spot in the entertainment industry’s Big Boys Club Bumping up from 400 U.S. dollars previously, surpassing the 490 U.S. dollars that analysts at Goldman Sachs assigned last…
Chang’e-4, which is relay satellite and one that is being touted to be the first ever probe to land safely on the far side of the Moon, would help in the establishment of a communication link between the far side of the Moon and the Earth. It will join a satellite already positioned strategically near…
According to a latest report, Brexit trade barriers would reduce UK household income by up to £1,000 a year, reported the BBC. The cost to the UK economy could total £27bn because of the most negative scenario of high Import Tariffs And High Regulatory Barriers, Says Global Consultancy Firm Oliver Wyman. Supply chain disruption could…
A firm named Luminar, which is a little more than 7 years old and whose founder was barely legal to get a driver’s license while when founding the startup, finds itself at the centre of the growing self-driving car industry. Luminar offers acritical sensors for self-driving cars and the latest automaker to team up with…
A warning from the International Monetary Fund said that the world’s trade system would be undermined and the U.S. economy could be hurt by the trade policies of the Trump administration. A trade war would result in “losers on both sides” and can present a “serious” impact, said IMF Director Christine Lagarde. This caution was…
In the next two years, about 4600 jobs would be lost at engineering firm Rolls-Royce as a part of a large reorganization in the company. The burnt of the hit is to be borne by middle managers and back-office staff with the possibility of its Derby base getting hit hard. Civil aerospace, defence and power…
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