Economy
Economy shows more signals of recession says Bond King Jeffrey Gundlach

Economy shows more signals of recession says Bond King Jeffrey Gundlach

According to the recent Conference Board’s Consumer Confidence Index, it is said that Drooping consumer sentiment is pointing the way towards a substantial economic slowdown, in particular, the gap that exists between current sentiment and…

Business Planet
Doctor Booking App Zocdoc To Change The Revenue Model despite objections

Doctor Booking App Zocdoc To Change The Revenue Model despite objections

One of the leading healthcare website Zocdoc which is being used by various health providers, including optometrists, dermatologists, and dentists, is planning to eliminate subscriptions and is going to shift to a model that charges…

Business Planet
Citi Escape US Bank Regulator Fine for Discriminatory Lending Practices

Citi Escape US Bank Regulator Fine for Discriminatory Lending Practices

A leading United States banking regulator has decided against fining Citigroup for discriminatory lending practices against mortgage borrowers from minority communities. People close to the developments told Reuters, the regulator has dropped the possibility of…

Markets News
Chinese Eminent University Criticizes the irrational trade war and US uncertainty over Huawei

Chinese Eminent University Criticizes the irrational trade war and US uncertainty over Huawei

Since the high-level authorities are trying to lash out a deal in order to stop the trade war between the United States and China, one of the leading government academic of China has anticipated that…

Economy
China’s Economic Slowdown Affects Major US Companies

China’s Economic Slowdown Affects Major US Companies

China’s economic slowdown was reflected in the disappointing results of construction machinery giant Caterpillar and a depressing forecast from chipmaker Nvidia. These global companies are massively affected by the slow nature of the economy currently…

Business Planet
Barclays declares expansion of rising New York, the turbo boosting platform for financial technology start-ups

Barclays declares expansion of rising New York, the turbo boosting platform for financial technology start-ups

Since 2014, Barclays has been mentoring and providing coworking and events space through its Rise Financial Technology ecosystem. This week Barclays introduced an investment pool of 10 million pounds for each financial technology initiative that…

Trading
Asian Shares Dip As Uncertainty In Global Market Prevails

Asian Shares Dip As Uncertainty In Global Market Prevails

The Asia-Pacific stocks and shares saw a dip in 0.1%, while the CSI300 China’s blue-chip was down by 0.3%. The Hong-Kong’s index Hang Seng also fell by 0.2%. Outside of Asia-Pacific, Japan’s Nikkei .N225 dipped…

Business Planet
Boeing Set To Revolutionize Travel With Its Flying Car

Boeing Set To Revolutionize Travel With Its Flying Car

The Boeing Co said that it did an inaugural flight test on its prototype of a flying car which marks a significant baby step towards revolutionizing urban travel and transportation. The flying car is 30…

Business Planet
Yes Bank ropes Ranveer Gill from Deutsche Bank as new MD and CEO, Rana Kapoor to leave by the end of this month

Yes Bank ropes Ranveer Gill from Deutsche Bank as new MD and CEO, Rana Kapoor to leave by the end of this month

Banking giant Yes Bank has roped in Ranveer Gill from Deutsche Bank to replace outgoing MD and CEO, Rana Kapoor. He is currently the CEO and member of the Asia-Pacific executive committee of Deutsche Bank…

Business Planet
Great-West Lifeco sells its US insurance business to Protective Life Corp

Great-West Lifeco sells its US insurance business to Protective Life Corp

The Canadian insurance giant Great-West Lifeco Inc. has decided to sell its US focused, Great-West Life and Annuity Insurance unit (GWL&A), via reinsurance, to Protective Life Corp, a subsidiary unit of Daichi Life Holdings, for…