Experts at Morgan Stanley lowered the forecast for oil prices for the second half of 2019 after OPEC + decided to extend the deal to reduce oil production by the end of March 2020. Now analysts predict that Brent oil will cost an average of $ 65 per barrel compared to the previously expected $ 67.5...

There is a long road that the United States and China would be required to tread before both the parties would be able to achieve a trade deal, said Chinese state media, following the decision of the resumption of negotiations on trade talks between the two largest economies of the world to end the...

Over the past three years, the size of the gig economy of the United Kingdom has more than doubled and currently there are 4.7 people working in the economy, showed a report which also highlighted the criticality of such employment.     A study from the TUC and academics at the...

While issuing a warning about the increasing risks to the global economy, the leaders of the Group of 20 major economies did not officially blame protectionism for it. They instead issued a call for development and maintenance of a free and fair trade environment.   The growth of trade and...

The United States and China would restart stalled trade negotiations and the US would not impose any new tariffs on Chinese imports into America. This was decided after a meeting between US president Donald Trump and Chinese counterpart Xi Jinping at the sidelines of the G20 summit in Osaka, Japan....

Calls to airlines to eliminate the “no-show” clauses for passengers have been turned down by a host of major airlines, which includes the likes of British Airways and Virgin Atlantic, in the United Kingdom. Under the “no-show” clauses where in passengers are essentially bumped off the second half...

Inflation in the eurozone was stable in June, remaining well below the target level of the European Central Bank. Consumer prices in the euro area in June rose by 1.2% in annual terms, according to preliminary data from the Statistical Office of the European Union (Eurostat). The result coincided...

Diplomatic tensions between China and Canada just went up a notch after the announcement of a suspension on the import of beef and pork form Canada was made by China. This latest ban on Canadian import was taken after the discovery by the Chinese authorities of a feed additive that is banned – in a...

The current tensions arising out of geopolitics, and the warm welcome and the apparent prospect that the cryptocurrebncy of Facebook called Libra could help bring the digital currency into the mainstream of world finance, prompted investors to seek out tools of safety and alternative investments...