G20 draft communique says monetary policy alone can not bring balanced growth

Christine Lagarde, managing director of the International Monetary Fund, said she sensed renewed urgency among the group's members for collective action, warning that without it there was a risk that the recovery could derail. It is expected to make ... More..

by | Published more than a month ago
Amazon joins forces with Morrisons to deliver fresh food
by | Monday, February 29, 2016

Amazon joins forces with Morrisons to deliver fresh food

David Potts, chief executive of Morrisons, said: "Today's agreement is built on Morrisons unique strengths as a food maker". In addition, Morrisons said it confirmed plans with Ocado to grow Morrisons.com and...More..

by | Monday, February 29, 2016

Apple supplier Foxconn takes control of Sharp

Early press reports in Europe this morning implied the deal was done, before outlets including the Wall Street Journal and the UK's BBC started reporting at around 11:00 CET that the acquisition had been ...More..

by | Monday, February 29, 2016

Sharp's $6.2bn takeover deal has been delayed

Despite Japan's rapid globalization, some have expressed fears a Foxconn takeover will result in the country losing technology to foreign interests. Currently, Apple has employed Foxconn as the primary asse...More..

by | Monday, February 29, 2016

Budget 2016: Narendra Modi for electrification of 200 villages every week

Stating that while most of the governments wait for the election year to roll out welfare schemes and incentives for farmers, Modi said it was not the case with his National Democratic Alliance (NDA) government...More..

G20 nations pledge to use all means to boost sluggish world growth
by | Monday, February 29, 2016

G20 nations pledge to use all means to boost sluggish world growth

Even with that catalogue of concern, G-20 officials argued recent market swings didn't reflect global growth momentum. The G20 meeting was a "platform for communication", he said, but could not restrain any o...More..