Tag Archives: report

Bitcoin woes: Cryptocurrency investors unable to link bank accounts to wallets, says report

Though India is still straddling the fence when it comes to taking a stand on cryptocurrencies – the finance ministry is no fan but the RBI has not banned digital currencies like Bitcoin yet – retail investors in the country are already in a soup. According to a report in The Hindu BusinessLine, many investors are currently neither able to trade on several bitcoin ... Read More »

China to overtake US economy by 2032 as Asian might builds: report

The growing importance of Asia’s major economies will continue in 2018 and beyond, according to a league table that sees the region dominating in terms of size in just over a decade. The report by the Centre for Economics and Business Research in London sees India leapfrogging the UK and France next year to become the world’s fifth-biggest economy in dollar ... Read More »

Xiaomi fastest growing phone maker, but Samsung and Apple remain leaders: report

Xiaomi holds the fifth position with market share of 7.4%, but it registered the highest year-on-year growth of 102.6% from Q3 2016 when it controlled only 3.7% of the market share. (Above) Xiaomi’s India head Manu Jain (left) with actor Katrina Kaif during the launch of its new series of smartphones, in New Delhi on Thursday. Photo: PTI Samsung continues ... Read More »

Report: Southeast Alaska Economy Struggling, Tourism Excels

JUNEAU, Alaska (AP) — Southeast Alaska was hit hard in 2016 by government job losses and a lull in fishing production, but the tourism industry continues to grow, a state economy expert said. Economic development officials with the Southeast Conference found that the region lost 750 state jobs throughout the past three years, a nearly 15 percent drop, CoastAlaska News reported (http://bit.ly/2g2blP1 ... Read More »

Report: Small Business Job Creation Down .02 Percent as Wages Continue to Rise

Small business job growth in the U.S. has slowed for the sixth straight month as wages for these jobs continues to rise. That’s according to the latest Paychex | IHS Small Business Employment Watch for August. August 2017 Small Business Employment Statistics The Small Business Jobs Index did show a slight dip that was negligible. The index across the country declined ... Read More »

US Navy grounds T-45 training jet fleet following Fox News report

The U.S. Navy announced Wednesday it has grounded all T-45 Goshawk jet training flights for three days, after Fox News reported that up to 100 instructor pilots were refusing to fly the aircraft citing problems with its oxygen system. “We take the concerns of our aircrew seriously and have directed a … safety pause for the T-45 community to allow ... Read More »

‘Boring’ GDP report a byproduct of lackluster US economy

This week, the Bureau of Economic Analysis upgraded its estimate of economic growth for the fourth quarter of 2016 from 1.9 percent to 2.1 percent. Even for economists, it’s hard to get excited about economic reports. But economic growth over the past decade is even more boring than usual. And these latest figures don’t add any pep to the subject. ... Read More »

Vodafone, Idea Cellular in ‘exploratory’ mega merger talks: Report

Telecom majors Vodafone and Idea Cellular are speculated to be undertaking “exploratory” talks for a mega merger, which, if executed, will create the biggest telecom firm in India. Despite both the companies denying rumours of a merger, CNBC-TV18 cited insider sources to suggest the possibility of a merger after the two telcos have assessed the challenges and opportunities of such a ... Read More »

Marks & Spencer to cut 500 head office jobs, report claims

Marks & Spencer is to cut 500 head office jobs as the retail company’s chief executive attempts to fight losses, Sky News has reported. M&S is to reportedly jettison roughly 15 per cent of its Paddington offices in London. Shop-floor staff are not expected to be affected. Quoting unnamed sources, Sky News said the cuts would be announced on 8 September, ... Read More »

UK factories report pick-up in activity in June

UK manufacturers reported a pick-up in activity in June from May, according to a closely watched survey. However, data for the Markit/CIPS manufacturing purchasing managers’ index was almost all collected before the 23 June referendum. There is a “clear risk” uncertainty resulting from the vote will have a short-term impact on manufacturing, Markit said in its report. Its index for ... Read More »