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More Evidence Of Slowdown In China’s Economy

There was more evidence of a slowdown in China’s economy with industrial output rising 4.4% in August, the lowest level in a single month since 2002, while retail sales also came in below expectations. Policy makers are ramping up support for the flagging economy, while still holding back on using all tools at their disposal. […]

Brent Crude Futures Posted Their Biggest-Ever Jump When Trading Opened Today

Brent Crude Futures Posted Their Biggest-Ever Jump When Trading Opened Today

Brent crude futures posted their biggest-ever jump when trading opened in the wake of the weekend’s attack on a Saudi Arabian oil facility that has removed 5% of global supplies. The estimated 5.7 million barrels a day of lost production is the single biggest disruption on record, surpassing the 1979 hit to Iranian output from […]

More Evidence Of Slowdown In China’s Economy

Purdue Pharma Has Filed For Chapter 11 Bankruptcy

Purdue Pharma, maker of prescription painkiller OxyContin, has filed for Chapter 11 bankruptcy, in a pre-emptive move designed to protect itself from more than 2,600 federal and state lawsuits, reports the New York Times. The announcement comes after pharma giant, which is widely blamed for its role in the opioid crisis, last week reached a […]

More Evidence Of Slowdown In China’s Economy

Huawei Announces Over Fifty 5G Commercial Contracts Secured And Over 200,000 Modules Shipped

Photo: William Xu, Huawei Director of the Board, President of the Institute of Strategic Research [Chengdu, China, September 3, 2019] On September 3, the 5th Huawei Asia-Pacific Innovation Day was held in Chengdu, China. This year’s Innovation Day, themed “Innovation Enables Asia-Pacific Digitization”, saw more than 200 representatives from government, industry and academia of Asia-Pacific […]

More Evidence Of Slowdown In China’s Economy

Samsung and Microsoft Expand Strategic Partnership to Deliver Unified Experiences Across Mobile Devices

Tech leaders work together to launch new products, services and integrations for more continuous connectivity across devices and platforms NEW YORK, USA – August 7, 2019 – Samsung Electronics Co., Ltd. today announced the next step in its long-term, strategic partnership with Microsoft to bring seamless productivity experiences across devices, applications and services. Starting with […]

More Evidence Of Slowdown In China’s Economy

Introducing Galaxy Note10: Designed to Bring Passions to Life with Next-Level Power

The most powerful Galaxy Note suite of productivity and creativity tools with enhanced S Pen and pro-grade camera now comes in two sizes NEW YORK, USA – August 7, 2019 – Samsung Electronics Co., Ltd. today unveiled the Galaxy Note10, a new line of premium smartphones that combines elegant design with powerful performance and productivity […]

More Evidence Of Slowdown In China’s Economy

Fear Over Trade And Currency Wars Prompting Monetary Action Around The Globe.

New Zealand’s central bank stunned investors and sent the kiwi tumbling by dropping its benchmark rate by 50 basis points, double the expected reduction. Thailand also surprised, cutting by 25 basis points. India’s central bank lowered its rate by an unconventional 35 basis points. As President Donald Trump blames slowing growth on a strong dollar […]

More Evidence Of Slowdown In China’s Economy

Disney Profits Tumble

Disney’s profits plummeted by over 50 percent in its first full quarter after its $71.3 billion acquisition of Fox. As the New York Times reports, the weak results are down to “escalating streaming-service losses, underperforming 21st Century Fox assets and lower-than-expected theme park attendance.” The company reported a profit of $1.44 billion, a 51 percent […]

More Evidence Of Slowdown In China’s Economy

Slowdown In Growth And Downgrade In The Forecast Reflect The Ongoing Fallout From Trade Tensions – IMF

A sharp deceleration of global trade, driven by ongoing trade tensions is slowing the global economy more than earlier projections, according to the latest forecasts of the International Monetary Fund. Real global economic growth will slow to 3.2% this year, 0.1 percentage point slower than forecast in April, and down from 3.6% last year and […]

More Evidence Of Slowdown In China’s Economy

Paysuh’s E-Commerce Payment Platform Ready for Conversations with Jamaica’s Developer Community via “Paysuh Developer Conferences & Workshops 2.0”

Chairman of Fintech company Paysuh Technologies, Aldo Antonio, says that after some four (4) years of development their Paysuh E-Commerce Payment Platform is now at a stage for conversations with Jamaica’s Developer Community. “We see Developers, Website Builders, Designers etc., that whole community that facilities ecommerce in the background, as extremely critical to the adoption […]

More Evidence Of Slowdown In China’s Economy