Company News

IRS readies for Tax filing Season with looming Chaos

By Brian Stanley January 28, 2019

The United States Internal Revenue Service (IRS) will be starting tax filing season on the next Monday. There is a high chance of the season to become chaotic as the IRS is hard-pressed on workforce by the on-going shutdown. This could be the worst chapter of the current shutdown which has been dragging for 34 […]Continue Reading

Company News

Business Elites adopt Somber Tone in Davos this Year

By Adrian Todaro January 28, 2019

After the global disruptions through trade wars and local issues like Brexit, the moods of the businessmen have indeed gone down. The on-going World Economic Forum is also not prone to that change. Many business elites from across the globe who have raised doubt over the performance of economy this year. The head of world’s […]Continue Reading

Company News

Microsoft’s Bing Search Engine is no longer Accessible in China

By Teresa Taylor January 27, 2019

Amid trade tensions between the United States and China, China has blocked the access of Microsoft’s search engine Bing. And with the blocking of Bing, China blocked all major non-Chinese search engines that had been operating there. And according to the reports from the sources, the order to block the search engine had come from […]Continue Reading

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Tamil Nadu Intends to be the popular hub for defense sectors, aerospace, sights investment of worth $15 billion

By Katherine Miller January 26, 2019

The Tamil Nadu government in considering an investment of worth $15 billion in the aerospace and defense department during the next 15 years to enable the State the most popular hub for both the sectors. When Nirmala Sitharaman revealed the most awaited desirous aerospace and defense policy, the Defence Minister investment of $15 billion was […]Continue Reading

Trading News

United States need to Centralize China’s Technology Program after the Trade Talks are resumed Business Group Claims

By Adrian Todaro January 25, 2019

American trade peacemakers were informed by two US business groups that the Hi-tech initiative of Beijing is moving ahead as illustrated in the Made in China 2015 plan. Made in China is a policy whose objective is to concentrate on the tasks that are assumed to be resumed by next week in an attempt to […]Continue Reading

Company News

Spanish Auto Firm SEAT to Use Blockchain for Driving Up Efficiency

By Teresa Taylor January 23, 2019

After the banking and financial technology firms, the blockchain technology has found a new client in the automobile industry. SEAT, a Spanish car maker, has joined hands with the Alastria consortium to develop products and services based on blockchain technology. The carmaker is looking to develop a system for exchanging its various product and services […]Continue Reading

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Emerging Economies are facing risks due to weak capital flow; currency declines: IMF Chief Economist Gopinath

By Adrian Todaro January 23, 2019

Gita Gopinath, the Chief Economist of IMF in Davos on Monday signaled that due to weak global growth at a rate greater than expected the emerging economies are facing huge risks which are caused by weak capital flow mainly because of US activeness and due to a decrease in currency value. In 2018 the global […]Continue Reading

Company News

Alipay secures smooth business amidst Brexit tensions

By Katherine Miller January 23, 2019

China’s leading mobile and online payments app Alipay has received e-money license in Luxembourg. Alipay already holds a license issued by Britain’s Financial Conduct Authority. Luxembourg, a small country between Belgium, Germany, and France gave Alipay the surety of uninterrupted and smooth business in the event of a strong exit of UK from the European […]Continue Reading

Trading News

China Oil Demand Rises Oil Price To Highest In 2019

By Teresa Taylor January 22, 2019

The prices of oil hit its highest in 2019 as refinery processing data in China rose to a high in 2018. It brings a huge cheer to the industry as China which is the second largest economy in the world had a slowdown in 2018. The price rise is also partly because of the OPEC […]Continue Reading

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‘Inclusive’ Approach Needed for Globalization Says WEF Founder

By Evan Vaughn January 21, 2019

This year’s World Economic Forum in Davos starts in a week with the theme being Globalization 4.0: Shaping a new architecture in the age of the fourth industrial revolution. Many top executives and leaders from around the world attend this conference every year, and ahead of this event, the WEF founder has advocated the heads […]Continue Reading