US subscribers will see a rise in its monthly fee subscription by about 13 to 18%. The company spends a lot of its money on expanding beyond US shores and also on original content. After Netflix made this announcement, the shares saw a 6% rise in trading which is on top of the 30% increase […]Continue Reading
Month: January 2019
UK Prime Minister Theresa May suffered a humiliating and historic defeat on the Brexit deal in the House of Commons. Her deal was dismissed by the Member of Parliaments by 230 votes which is considered as the largest defeat suffered by a ruling government in UK’s history. 432 of the MP7s voted and out of […]Continue Reading
The official economic data released in Germany has said that there was weak growth in 2018 and has just managed to avoid a recession. Germany’s economy is the largest in Europe, and this slowdown has brought an end to the boom they saw in the past decade. As per the data released by the federal […]Continue Reading
Venezuelan President Nicolas Maduro started his second term in office by delivering a state-of-the-nation speech on Monday and delivered a few fresh ideas to help the increasingly isolated country escape hyperinflationary collapse or a further downward spiral in 2019. His election to the second term was full of criticisms that he had used unfair practices […]Continue Reading
As the ongoing trade negotiations between the United States and China are giving both the parties some positive results, the new data by China may rock the relationship between the two largest economies in the world. China announced on Monday that it has the largest trade surplus with the United States breaking the record of […]Continue Reading
The world is experiencing a slowdown in growth. Owing to the slump in demand, Saudi Arabia Energy Minister Khalid Al Falih has recently said that OPEC and all its allies are ready to respond to the global economic slowdown quickly. Al Falih told that though he did not see any big recession in the near […]Continue Reading
A senior government official said on Sunday that Poland could consider banning the use of Huawei products by the public bodies, following the arrest of one Huawei official from China in Poland last week. And the Polish Government also is considering passing legislation to limit the use of particular products if it poses any threat […]Continue Reading
Newmont Mining Corporations has declared that it would buy its smaller rival Goldcorp in a deal worth of $10 billion. This deal would make Newmont world’s largest gold producer at the time when easy-to-find reserves are decreasing. The deal is the second in the last 12 months. Another high profile merger happened in last September […]Continue Reading
After a deadlock between Trump’s administration and the Congress, the budget could not be passed. And it has been more than 22 days that the United States is facing the longest shutdown of the past few years. And now as per a study by S&P Global Ratings, if the shutdown doesn’t end in two weeks, […]Continue Reading
After multiple decades of dependence on oil, Saudi Arabia is finally all set to diversify its economy. As decided earlier, after a delay of almost a year, Saudi Arabia is now all set to sell assets worth of $11 billion. The Arabian Government aims for this money by 2020 through its privatization program that includes […]Continue Reading