As the whole world is anticipating a slowdown or a recession-like situation in the coming time, every country is preparing itself on its standards to mitigate the effects. The scenario in the United Kingdom is no different. As per a new study in the United Kingdom, the past trend of job creation and destruction has […]
After the deadly and tragic air crash of a Boeing plane, China’s civil aviation regulator declared that it had given order Chinese airlines to suspend the commercial operations of all Boeing 737 MAX aircraft. The Ethiopian Airlines has confirmed that it had stationed its Boeing 737 MAX 8 fleet until further notice. It had tweeted the […]
In the times when almost all emerging, as well as developed nations, are worried about a potential recession, India’s expectation of growth in GDP is much talked of. In a recent interview, India’s minister of state for civil aviation said that India’s economy is “well positioned” for showing a decent growth as factors like government […]
Amidst the on-going trade war with the United States, China is showing struggles to revive its economy. The United States, China’s major trading partner has started levying a higher tariff on exports worth $200 billion. These factors have started showing negative growth in February. As per the Chinese official reports, trade data has shown a […]
Canada’s largest exporter of canola, Richardson International, stated on Tuesday that it has become a target in the growing political tension between Canada and China after the Asian powerhouse revoked its permit to export the crop to the Chinese market. Jean-Marc Ruest, Senior Vice-President of Global Affairs, said that the company is caught in the […]
According to the Non-Manufacturing Report on Business issued on Tuesday by the Institute for Supply Management (ISM), non-manufacturing output had a strong month in February. The index which ISM uses to measure non-manufacturing growth is called the Non-Manufacturing Index (NMI). The NMI grew by 3% to 59.7, after a decline by 1.3% to 56.7 from […]
