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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All You Need to Know About Elon Musk, Tesla and SEC Case

All You Need to Know About Elon Musk, Tesla and SEC Case

Not so long ago, Elon Musk has been accused of making the misleading statements regarding its decision of taking Tesla private (NASDAQ: TSLA). This time the billionaire has indeed suffered from the fake tweets he posted on the social network. As per ...

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A Quick Overview Of The Australian Monetary Policy Decision

A Quick Overview Of The Australian Monetary Policy Decision

As per the monetary policy decision on September 4, 2018, the governor of the central bank of Australia decided to keep the rates unchanged at 1.50%. According to him, China?s growth has been witnessing a marginal downward momentum and the regulatory...

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Share Plunged On ASX After The News On SEC Demands Exit Of Elon Musk Over False Statements

Share Plunged On ASX After The News On SEC Demands Exit Of Elon Musk Over False Statements

The chief executive officer or CEO of Tesla (NASDAQ: TSLA), Elon Musk, have been posting false tweets on the social networking site thereby misleading the investors as well as its followers on Twitter. The company?s executive has posted that he would...

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Fox Decided To Sell 39% Stake In Sky

Fox Decided To Sell 39% Stake In Sky

On September 26, 2018, Twenty-first Century Fox Inc. reported that the company would be unloading its 36% holding in Sky. The company has decided to sell this to Comcast Corporation, which is the leading cable company based out of the United States. ...

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Oil Price Moved On A Higher Side As US Won’t Give Away Their Reserves To Check Global Supplies

Oil Price Moved On A Higher Side As US Won’t Give Away Their Reserves To Check Global Supplies

The US has made it clear that they would not be advancing their oil stockpile which are kept for the emergencies. They are of the view that even if they allow to sell their oil reserves, it would not help much to satisfy the supply shortages which ca...

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U.S. Federal Reserve Announces Interest Rate Hike: Accommodative Stance Ends

U.S. Federal Reserve Announces Interest Rate Hike: Accommodative Stance Ends

The U.S. Federal Reserve concluded its two-day meeting on September 26, 2018 with announcing a rate hike of 25 bps or basis points which was in line with the expectations of the broader markets. As a result of the hike announced, the federal funds ra...

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Copper Prices Skyrocketed On Weaker US Dollar

Copper Prices Skyrocketed On Weaker US Dollar

The fresh lap of the trade wars between the United States and China has not impacted as much which fueled the prices of the Copper. This relief is the result of the China?s decision to target lower value of the US goods. The Trump administration anno...

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Amazon Sets To Take On 7-Eleven With 3000 Cashier-less Stores

Amazon Sets To Take On 7-Eleven With 3000 Cashier-less Stores

Amazon is planning to open 3,000 cashier-less Amazon Go Stores by 2021. The company already had opened Go stores in four locations, but it will have open 6 more at additional locations by the end of the year and as many as 50 to be opened by 2019. Th...

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RBA Raises An Alarm Owing To Intensifying US-China Trade Tensions

RBA Raises An Alarm Owing To Intensifying US-China Trade Tensions

The trade tension between the world?s largest economies is not expected to end in the short-term. These disputes are increasing which might impact the global economies. When the US President Donald Trump made an announcement that it would slap tariff...

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Twitter partners with video content producers giving away a slice of its advertising revenue

Twitter partners with video content producers giving away a slice of its advertising revenue

Twitter said on Wednesday that it has struck new content deals with media and entertainment companies to bring exclusive live streaming and video highlights onto the social media platform in return for a share of Twitter?s advertising revenue. It wi...

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