Oct 20, 2020 00:03 am UTC| Economy
Doing business in China can be a difficult and contentious proposition for companies in many countries. Yet even with charges of intellectual property theft, forced partnerships and tight restrictions on doing business,...
Indian government raises country of origin rule vs Amazon, Walmart
Oct 19, 2020 09:05 am UTC| Economy
The Indian government is giving Amazons local unit and Walmarts Flipkart 15 days to explain why sellers on their platforms are not complying with a rule specifying the goods country of origin. In its notices, the...
Chinese to post 5.2% Q3 surge, on track for 2.3% full-year growth
Oct 19, 2020 07:16 am UTC| Economy
Chinas economic recovery surged in the third quarter with growth expected to come in at 5.2 percent due to consumer spending gradually stepping up as fears about coronavirus waned, AFPs survey revealed. AFPs survey,...
Biden's poll lead boosts shares of gun manufacturers
Oct 19, 2020 02:53 am UTC| Economy
Shares of gun makers have been surging as Democratic candidate Joe Biden who vowed to increase gun regulation widened his lead in the polls against President Donald Trump since their debate. Smith Wessons stock is up...
Nobel economics prize: Wilson and Milgrom's insights into auctions could drive down carbon emissions
Oct 15, 2020 15:02 pm UTC| Economy
Many would argue that the global financial crisis of 2007-09 taught us not just the irrelevance but the dangers of economic theory. Yet the Nobel committee has awarded its economic prize for 2020 to two high theorists ...
Indonesia and China inks deal to promote the use of the Yuan and Rupiah
Oct 15, 2020 14:44 pm UTC| Economy
Last month, China and Indonesia signed an agreement to promote the use of local currencies Chinese Yuan (RMB) and Indonesian Rupiah (Rp) in trade and investment transactions between the two countries. Yuan has...
Boris Johnson's offshore wind pledge is positive, but protecting UK jobs requires more
Oct 15, 2020 14:37 pm UTC| Economy
Since the outbreak of the coronavirus pandemic, some countries have announced significant spending pledges to support a green recovery. Germany leads the way with a 40 billion (36 billion) commitment to climate-related...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects