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Uber Eats’ New Strategy To Make It Big In The South African Food Hailing Market

After capturing a significant market share of the ride hailing industry in South Africa, Uber is now attempting to make it big in the food delivery business there. The company plans to leverage its huge fleet of drivers operating in the most developed economy of Africa and identifying the most...

Facebook's Planned Crypto Currency Libra Has "Failed" In Current Form, Says Swiss Minister

According to report published by the Swiss network SRF, the future prospects of Facebook’s own digital currency Libra has been blown off by the Swiss president and finance minister who has said that the crypto currency has "failed in its current form."   Ueli Maurer, who is in his final days...

Major Geopolitical Events Should Not Be Ignored By Markets

Farmers of the United States as well s investors on Wall Street would be hoping for a speedy implementation of the phase one of the US-China trade agreement. While the very fortunes of the farming population hinges on the trade deal implementation, investors of Wall Street also expect to reap the...

What's In The Phase One US-China Trade Agreement?

Even though the United States and China announced the phase one trade deal, neither of the countries provided much details of what exactly would be covered in the deal.   While acknowledging that both the countries still have a lot of big issues to sort out in terms of the overall trade deal...

Agreement On “Phase One” Trade Deal Announced By US And China

Bringing huge relief to the global markets and companies, both the United States and China announced that they have agreed to a “phase one” trade deal that would also include the US scaling down the already imposed tariffs on Chinese goods. The announcement were made by the US President Donald...

EU To Respond Strongly Against US Tariff Threat Against France, Claims Paris

While saying that the threat by the United States’ Trump administration to impose up to 100 per cent import tariffs on French goods exported to the US worth ‎€2.17 billion was "unacceptable", the French Finance minister Bruno Le Maire said on Monday that if the US actually implemented the threat,...

Defense industry: Eastern Europe looking West for security future

Eastern European countries have seen their geopolitical positions and perspectives upheaved in the past three decades, as old alliances dissolved and new key players emerged. With no help to be expected from Russia, whose alliance they left, and only partial assistance from resource-starved NATO,...

Greater German Exports To US Despite Trade Tensions: Reuters

A weaker euro and diversion in trade related to the ongoing trade war between the United States and China benefited German companies as the largest economy of the European Union managed to avoid a recession in the third quarter, aided by strong exports to the US, showed data released on Thursday....

No Agreement On Full Tariff Rollback With China, Says Trump

Even though reports suggested that the United States and China have agreed on phasing out of import tariffs imposed on each other’s goods worth billions of dollars, the US President Donald Trump said on Friday that he has taken no decision on the rolling back on the tariffs imposed by the White...

Ross Says Special Licenses For US Firms To Do Business With Huawei Coming Soon

Dozens of Chinese companies have been placed by United States President Donald Trump in e so called ‘entity list’ of the US commerce department which has prevented the companies from making any purchase from American companies – including software and components.   Huawei was the first...

Indian Gov. Seeks Explanation From WhatsApp About Privacy Breach Of Its Indian Users

Journalists and activists in India were among some 1,400 people who were targeted worldwide for espionage by an Israeli-made spyware, said the messaging app WhatsApp.   The matter came to light after WhatsApp filed a lawsuit against the Is NSO Group of Israel in the United States on...

China Confirms Completion Of Tech Consultations On Parts Of Trade Deal With US

World markets and thousands of companies on both sides of the Atlantic breathed a sigh of relief as the United States and China seemingly are inching towards a trade deal after all.   Both the countries confirmed that they had ultimately managed to complete technical consultations on some...
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