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Global economy expected to grow massively in 2020
According to the newly launched scheme of the United Nations World Economic Situation and Prospects(WESP) 2020, the global economic growth is likely to increase to almost 2.5 % in this ongoing year, b [...] Read More
USA-China trade agreement to minimize worldwide uncertainty
The newly released phase 1 trade agreement between the United States of America and China will be expected to diminish the uncertainty that has hampered the worldwide economic growth, said by Kristali [...] Read More
Chinese textile firms seeking American industry expansion
The textile companies from China have been actively analyzing and enlarging into the United States industry through extraordinary innovation, advanced services, and larger global footprints. The execu [...] Read More
Global central banks are merging up to prospect digital currencies
Some of the world’s biggest central banks are partnering up on a campaign to evaluate digital currencies. According to the buzz, the central banks of Japan, Britain, Sweden, the euro zone and Sw [...] Read More
CATL forecasts powerful profit growth
Chinese biggest automotive lithium-ion battery manufacturer, Contemporary Amperex Technology Cooperation Ltd(CATL), recently predicted a 20-25 % growth in its net profit credited to given shareholders [...] Read More
Tesla to overtake Volkswagen as value increases
The American automaker Tesla displaced Volkswagen as the world’s second most valuable automaker, after a dramatic increment in share cost pushed its industrial value to more than dollar 100bn. T [...] Read More
European central bank keeps interest rates steady
The European Central Bank(ECB) is agreed to vacate major interest rates for the euro area consistent and initiated a review of its financial policy strategy. The governing council of ECB told in [...] Read More
France central officer indicates digital currency cannot be individual
The governor of Bank of France, Francois Villeroy de Galhau said that the digital currency could be practical as cash transactions decrease in some nations but the central bank should be in charge of [...] Read More
3M is eliminating 1,500 jobs in a reconfiguration of world
Industrial giant 3M is reducing almost 1,500 employers across the globe as the firm wants to reconstruct. The recently announced job cuts amounts to over 1.5 percent of its overall worker count of 96, [...] Read More
American business bank declares net income
Reportedly, American business bank registered the overall net income for the complete year 2019 of nearly dollar 2.73 million for each of the completely diluted shares as compared to $16.4 million for [...] Read More
Commodities close at highest new records
According to news media report, the United States of America commodities closed at greatest new record, grabbing their data from foreign industries. It is registered as a advanced 4th consecutive high [...] Read More
Retreating global stock markets
Reportedly, world stock markets escaped ahead of the monthly jobs report of the United States of America and after France and Germany reported weakest factory data. Investors also continued to observe [...] Read More
