Is an end opt the trade tensions and the looming trade war between India and China in sight? Such questions were raised after the U.S. President Donald Trump announced the visit of some of his top economic advisers to China. Trump said on Tuesday that the delegation would be leaving for China “in a few…
The final closure of fashion chain East and the ultimate complete closure of Toys R along with renewed speculations about the prospect of House of Fraser has created and environment in London high street where there is an anticipation of a wave loss of jobs. Toys R Us has been operational for almost three decades…
The groundwork that would allow German car maker BMW AG to boost manufacturing and begin supplying from its largest market – China, to consumers all over the world including North America, even as trade dispute between the U.S. and China keep piling up. According to BMW partner in China – Brilliance China Automotive Holdings Ltd,…
Increased tariff barriers will prevent the Chinese automaker Guangzhou Automobile Group Co Ltd. to set foot onto the US market, the company said on Wednesday. US tariffs on imported vehicles from China will have significant effect and impact the planned strategy of automaker to enter the U.S. market by 2019, Feng Xingya GAC Group President…
Increasing revenues form internet advertising propelled the profits by 37 per cent for the first quarter of the year for Google-owner Alphabet. There were fears that the revenues and profits of the search engine could be impacted by increasing costs and regulations. But the company performance allied those fears. Wall street expectations were beaten as…
The proposed acquisition of the UK music-recognition app Shazam by Amazon will now be formally investigated by the European Union. Apple would gain an unfair advantage by getting access to user data and limit the choice of the consumers whereby Apple could be able to draw away consumers from rivals easily were the allegations against…
Clients of the top bank in Australia who had died years ago and about whom the bank had all knowledge where charged fees, admitted the bank. It has bene years that the Commonwealth Bank of Australia (CBAUF) had been billing dead customers for financial advice, admitted the bank at a government inquiry on Thursday. A…
The Prime service of Amazon.com is a tactic of the largest e-retailer in the world to keep its customers adhered to it through combining free shipping with video and music streaming services and other incentives and now the service has over 100 million subscribers, announced the company. This information was revealed by the chief executive…
Even though European Union’s top antitrust regulator, Margrethe Vestager, threatened as early as last month to break up Alphabet Inc’s Google, the attempt of the regulator to reduce some of the grip that Google has on Android-powered smartphones can prove to be more than a challenge for her. Vestager has bene fighting hard to stop…
According to a summary of the findings of four testing laboratories of the Organisation for the Prohibition of Chemical Weapons (OPCW)- the global chemical weapons watchdog, published on Thursday, the findings and conclusion of the British investigations in the case of the nerve agent used in last month’s murder attempt on a former Russian spy…
