Month: February 2019

Investors Rejoice as Cash Rich Japanese Companies go on Share Buyback Spree

Share buybacks from cash-rich corporations have always been an indicator of the fact that the company is in sound health. After all, why would a company keep raising its stake…

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Turkish Central Bank Decides to Lower Reserve Level Requirements to Encourage Lending

The Central Reserve Bank of Turkey (CRBT) said on Saturday that it has decided to change its reserve ratios to facilitate liquidity in credit flow, as the Turkish economy shows…

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Didi Planning To Cut Jobs After The Strong Backlash Against The Company

China’s largest ride-related firm is planning to ax around 15% of its staff in the aftermath of the violence and the murder of the two passengers. The company’s executives said…

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America’s Conflict With Huawei is Delaying the innovation

U.S dispute with China’s giant company Huawei is affecting Mobile operators as they are about to take a new step in the innovation of wireless network. The U.S is warning…

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Managing Trustee of Tata Sons Venkataramanan resigns, Noel Tata to take over as new Trustee of Tata Sons

On Wednesday, the managing trustee of Tata sons R Venkataraman resigned from the organization; he holds 66 percent of stake in the company. Some rumors were going around in the…

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U.S. – China Trade Negotiations Move to Higher Level

As the deadline is nearing, the much talked about trade negotiation deal between the two largest economies in the world moves to a higher level. U.S. Treasury Secretary Steven Mnuchin…

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Trump to Declare Emergency Over Mexico Border Wall

President Donald Trump swore on Thursday that he would declare a national emergency in a surprising attempt to fund his proposed US-Mexico border wall without the support of the Congress.…

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Germany Skirts Recession but Worries Remain

There is not a semblance of a doubt that the global economy is currently going through a slowdown and falling demand, but it becomes a bit more alarming if one…

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Mnuchin Hopes for ‘Productive’ US-China Trade

China and USA are head-to-head in a trade war as both countries have disputes with each other over the tariffs placed on goods traded between them. Based on this background,…

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India’s Antitrust Body to Probe Google Over Android Abuse Allegations

Google has been beleaguered with anti-trust issues in Europe over the last few years, and it seems, they are in for trouble in India as well as the country’s antitrust…

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