German carmaker BMW Group wants to take complete advantage of the opening up of the car industry in China. said a senior executive of the company in an interview to the media.   "If you look at those big collaboration projects with Chinese companies, like Great Wall, Baidu, which we...

Fears that machines could take over their jobs in the next decade or so have been expressed by over six million workers in the United Kingdom according to a report which also called on the government to and trade unions to create strategies for supporting such people whose jobs would be at risk....

Oil prices slowed down and dropped in the first week of August noting its fourth drop in the last five weeks.   In the week, there was a decrease of 0.75 percent and 2.10 percent in the price of the West Texas Intermediate (WTI) for September delivery and Brent for October delivery...

According to warnings from British experts, the country could see a spike in food prices "for some time to come" because of the ongoing heat wave even as Londoners prepare for a continued summer blast and temperatures expected to be around 32 degrees Celsius.   There has been pressure on...

Moody's Investors Service expects enhancement in the funding in Banks in Greece and the asset risk during the next one to one and half years which formed the basis for the ratings agency to change its outlook on the country’s banking system from stable to positive.   A report from the agency...

The knack of Tesla founder Elon Musk to engage in production and selling of products that can be considered weird branded ones is not a surprising fact. Most of the time, such merchandise has no connection with the core business that he heads and for what he is known for throughout the business...

According to new figures, there has been a 41 per cent increase in the UK in the number of trademarks that were registered for spirits and liqueurs. This figure is reflective of the rising demand for artisanal products and the demand for gin among consumers.   Research published on...

According to media reports, a host of countries including Mexico, Canada, the European Union, South Korea and Japan are set to hold deliberations in Geneva next week over measures that can be taken to tackle the threatened imposition of tariffs on import of autos and car parts by the U.S. President...

The marketing drive that was used by vacuum cleaner maker Dyson with U.S. retailer Target Corp made use of the premise that people with hay fever hate dust. People who likely had allergies from dust were shown the advertisements of Dyson’s cordless V6 vacuum on social media and its website by...

While calling on "everyone who believes in trade as a force for good" to speak up in defense of free global trade, the economic and systemic threats posed by growing trade tensions were outlined by World Trade Organization (WTO) Director-General Roberto Azevedo on Tuesday.   "Members are...

A debate has been initiated in China about the possible use of blockchain, the underlying technology used for digital currencies like bitcoin, can be a solution safety issues of the country’s food and drugs. This after the revelation of a scandal in the Chinese pharmaceutical industry where a firm...