World News

All You Need to Know about French Digital Services Tax on the US Tech Companies

 All You Need to Know about French Digital Services Tax on the US Tech Companies

Summary In July 2019, the French Parliament had passed Digital Services Tax (DST) regime to impose a 3 percent tax on the revenue of the US digital services providers, which resulted in an investigation by the US to determine whether France was ...

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Oil Falls 3pc In Part Amid Rising US Inventories

Oil Falls 3pc In Part Amid Rising US Inventories

By a bigger-than-expected shape up in US crude inventories investor sentiment were made more bearish, oil prices slumped to more than two-week lows as global stock markets fell. After hitting a low of $US79.80, Brent crude futures had a 3.41 per cent...

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How Downturn In The US Tech Stocks Impacted Jeff Bezos?

How Downturn In The US Tech Stocks Impacted Jeff Bezos?

How Downturn In The US Tech Stocks Impacted Jeff Bezos? Since the markets were falling significantly as seen this week, the impact has also been felt on the tech heavyweight companies as well as on the top management of those companies. Amazon Inc. ...

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Tesla’s Life After Musk As Chairman: James Murdoch To Take Up Charge

Tesla’s Life After Musk As Chairman: James Murdoch To Take Up Charge

Everyone is aware of what?s happening with Tesla (NASDAQ: TSLA) or particularly, Elon Musk. He has been sued by the Securities and Exchange Commission or SEC on the grounds that he has misled the investors by announcing on the social networking site ...

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Rising Trade Worries Between US and China to Hamper Global Growth, Says IMF

Rising Trade Worries Between US and China to Hamper Global Growth, Says IMF

The impacts of the battle between the two largest economies is likely to be felt on other economies as well. Josh Frydenberg, treasurer of Australia, is of the view that the trade battle between the US and China needs to come to an end as the Austral...

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A Lot Is Happening in The Tech World: Earlier Facebook, Now Google

A Lot Is Happening in The Tech World: Earlier Facebook, Now Google

The year has been tough for the technology giants as they have been encountering several challenges in the way towards growth. The problems that have been revolving over the technology giants concerns the data privacy issues Not so long ago, Facebook...

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Tesla CEO Elon Musk Resigns As Chairman - Here's How His Role Could Change

Tesla CEO Elon Musk Resigns As Chairman - Here's How His Role Could Change

To settle charges of fraud brought by the U.S. over claims, Elon Musk made, saying he?d take his company private and he will step down as Tesla chairman. Both Musk and Tesla will each pay a $20 million fine as a part of Musk's settlement and he can s...

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What’s In Store For Oil Traders Moving Forward?

What’s In Store For Oil Traders Moving Forward?

The US crude oil is expected to reach at $US100 per barrel by 2019. Yes, you read that right! This sharp increase is expected to hamper the emerging economies as well as the countries which are highly dependent upon the crude imports for example, Ind...

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Higher Interest Rates Could Adversely Impact Debt Markets

Higher Interest Rates Could Adversely Impact Debt Markets

The interest rates in the United States have been on the increasing momentum since December 2015 and since then, the Federal Reserve has remained hawkish on the monetary policy. In a recent meeting of the US central body, Jerome Powell, the chairman ...

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US Economy Is On A Roll: What Investors Need To Know

US Economy Is On A Roll: What Investors Need To Know

The macro-economic data released on October 3, 2018 showed that the US economy is accelerating at a rapid pace lifting the hopes of the global investors. The robust momentum in the economy helped the US benchmark rates on the government bonds and, as...

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Apple Unable to Meet Customers’ Demand on New Version of iPhones

Apple Unable to Meet Customers’ Demand on New Version of iPhones

Apple Inc. (NYSE: AAPL) failed to meet the huge demand of its new version (i.e., iPhone XS or XS Max)?of its flagship product in the retail stores. The customers have complained that even after ordering the product online, the retail stores were unab...

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