Last week Ireland welcomed a court ruling that denied it more than €14 billion of Apple money in back taxes. It has brought its tax regime into sharp focus, but the problem is global as...
Low gold prices have been holding back miners from going full throttle in search of elusive “world-class” deposits. But, could that change with the precious metal flirting with record high prices? Gold prices have risen...
Global trade uncertainty as COVID-19 pandemic upends the global economy can lead to painful consequences across all sectors. As per the World Trade Organisation (WTO), global trade is expected to fall by between 13% and...
With the announcement of INR 20 lakh core stimulus package to combat Covid-19 lead economic crisis, the buzz of demand creates supply or supply creates demand, once again knocking the window of intellectual battle. The...
The S&P 500 rallied 1.6% yesterday to extend the streak to a fifth consecutive session, and the longest of the year and completed the negation of a bearish technical pattern. However, the main feature today...
Shares of Tesla jumped 3.9% this morning to $1,130, which gave the automaker a market value of $210 billion. It thereby finally surpassed Toyota, the formerly #1 most valuable automaker in the world, whose shares...
Last week the IMF cut further its global (and national) forecasts for growth for this year (-4.9%) and next (+5.4%), which effectively means GDP will not return to its level in 2019 until 2022 globally...
The combination of rising virus cases and the sell-off in the US before the weekend dragged nearly all the Asia Pacific bourses lower. The Nikkei led the way with more than a 2% drop, but...
Tourism has been one of the sectors hit hardest by the coronavirus. The pandemic has also been a blow to the cruise ship industry, with tour operators, shipowners and shipyards hurting. Is a restart possible?...
Covid-19 and resultant disruption of economic activity and trade supply chain will lead to contagion call for boycotting China, taming its economic clouts, maiming its unethical medical and infrastructure diplomacy. Across the globe, some trade...
The members of the G20 are: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, and the European Union....
Czechs risk a banana-free diet, lower food quality and higher prices if a bill making its way through parliament is passed, say critics. The winners would be large, politically-linked farming groups. The controversial amendment to...