Many European companies in China that emphasised global collaboration are deciding to further tap into the Chinese market and expand their investment in the country in spite of repeated US attempts to build an European alliance against China. ...
Digital ad spend may have turned the corner from March - April lows and current trends are pointing towards a "long promised" migration of dollars from the "$70 billion" television ad market to digital channels, with a 13 per cent year on year uptick expected in the second half of 2020 but on the back of higher co...
As coronavirus cases continue to surge in India, restricting several economic activities, the World Bank may project a steeper contraction of the Indian economy for the current financial year, revised from the previous estimate of 3.2 per cent....
Samsung Electronics remained the top TV vendor in the second quarter of the year, while its local rival LG Electronics fell to the fourth spot in global TV shipments, a report said on Tuesday....
The US dollar weakened in late trading on Monday as market participants pored through some gloomy data. The dollar index, which measures the greenback against six major peers, decreased 0.25 per cent to 92.8591. ...
Wall Street's major averages finished mixed as investors pored through a slew of economic data. The Dow Jones Industrial Average on Monday sank 86.11 points, or 0.31 per cent, to 27,844.91. The S&P 500 rose 9.14 points, or 0.27 per cent, to 3,381.99. The Nasdaq Composite Index jumped 110.42 points, or 1 per cent, to 11,129.73, Xinhua reported. ...
In an interesting turn of events, Cloud major Oracle has entered the race to acquire TikTok as US President Donald Trump issued an executive order to direct China-based ByteDance to sell its TikTok business in the US within 90 days....
The key Indian equity indices traded in the green on Tuesday morning with the BSE Sensex rising over 260 points. ...
The Directorate General of GST Intelligence (DGGI) has issued guidelines, which seek to soften the impact of investigations and ensure that no excesses are committed that include minimal personal summons, no repeated summons and generally not issuing summons to CEOs and CFOs of large companies in the first instance...
The consumption of diesel, one of the country's two main transport fuels, has fallen after a long time as disruptions caused by Covid-19 continue to impact economic activity and demand. ...
