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Reports Of Some Hybrid Cars Facing A Ban In UK Alerts Car Industry

Recent unconfirmed reports in the U.K media that claimed that the country’s ministers will target hybrid vehicles in the crackdown on polluting vehicles in a new emissions program have made the car industry in the U.K. to hit out against the government.   There were reports that any electric...

Key Differences Between U.S.-China Remain Unresolved After End Of Trade Talks

There was little outcome except an agreement to keep talking after the two days of talks between the United States and China on trade.   Representatives from both the countries acknowledged major disagreements on some issues while they also managed to come to an agreement on some trade...

Global Building Stock Is To Exceed 183bn sq Meters In 2026: Navigant Research Report

There is an upswing in the world’s building stock after years of stagnant growth and as there is a rebound in the global constructions markets. This has been concluded in a new report From Navigation Research   The research further expects that the trend would continue into the year and...

Strong Growth In The Short Term For Global Oil Demand, IHS Markit Report

A new analysis from IHS Markit, a global business information provider, shows that despite a focus of the auto industry on electric vehicles and the anticipated plateauing of oil demand sin the future, there is strong demand for oil in the short-term. The report claims that this trend is expected...

Global Shipping Industry To Be Significantly Altered By Blockchain Technology

Millions and millions of paper documents still form the basis for operations of some of the most advanced trading networks in the world – created because of globalization de4pswite the fact that the biggest, fastest vessels and robot-operated ports and huge computer data bases are made use of in...

IEA Says OPEC’s Effort At Production Cut Has Helped To Nearly Remove Oil Glut

According to the International Energy Agency the global oil glut is all set to be finally cleared – a problem that had resulted in the global oil industry going through its worst crisis ever since the middle of 2014, by OPEC.   The agency said that there has been a drop in global oil...

U.S.-China Spat Put Middle East As The Possible Beneficiary In Petroleum Products

Even as China retaliates the U.S. announcement of tariffs on Chinese products in the same coin thereby invoking fears of the full blow trade war between the two largest economies of the world, this brewing trade war is proving to be a potential benefit for the Middle East.   Purchasers of...

Crypto Currencies Get A Set Bank In India And Pakistan Due To Government Crack Down

The prices of crypto currencies - including bitcoin, in Indian exchanges was slashed dramatically after the country’s central bank banned the country’s banks from retaining any relation or links with dealers of crypto currencies.   Crypto currencies were also announced not to be legal in...

Amidst Rising Global Trade Tensions, Europe Firm On Its Stand on Trade with U.S.

In a global trade environment tensed by possible trade war between the Unites States and China and the more protectionist stand taken by the Trump administration, a firm stand was taken on trade with the U.S. by France and the European Union.   The EU was granted a waiver by the Trump...

Tap Rooms The New Bet To Tap The Market For Craft Beer Makers

While there is a rising trend of closure of pubs in the U.K. and the increasing dominance of big brewers, the tradition of brewery tap rooms is being revived by British craft beer makers to counter those trends.   According to a report by the Society of Independent Brewers (Siba), a tap...

Global Semiconductor Industry Noted Highest Growth In 14 Years; Revenues Of $429 Billion In 2017

The highest ever year-on-year growth for the global semiconductor industry in the last 14 years was noted by it in 2017.    Market research firm in critical information, analytics and solutions, IHS Markit said that a growth rate of 21.7 per cent was reached by the revenues generated in...

Many U.S. Tech Firms Are Blocked In China, Little Impact Of China Tariff On Them If Imposed

U.S. technology giants which includes the likes of Alphabet and Facebook would probably not be impacted by import tariffs by China against the U.S. because the services provided by such companies are already prohibited in China.   U.S president Donald Trump’s latest round of tariffs on $60...
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