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Canada Gives Green Signal to the Controversial Digital Service Tax


After France’s controversial move, now Canada has made it clear that it would be levying the contentious digital service tax. This tax is aimed at huge international digital companies like Google and Amazon. Canada’s Finance Minister said that his Government would go with this tax even after...

InfraRisk Makes New Associations With Toyota Finance and Taurus Motor Finance


InfraRisk Pty Ltd. (InfraRisk) recently announced that it would expand its footprint in Germany and Australia. As per the official announcement, InfraRisk would tie-up with Toyota Financial Services in Germany to assist its credit process covering dealerships and large fleet consumers. It should...

Nexo Now Offers Bitcoin Cash Instant Crypto Credit Lines


Bitcoin Cash community members are able to borrow against their favorite digital asset in more than 40 fiat currencies across more than 200 jurisdictions. This is thanks to Nexo which now offers BCH Instant Crypto Credit Lines with one of the lowest annual percentage rates in the industry. Also...

Bill Gates Echoed His Concerns About Anti-globalization With New Firmness


Globalization has taken a prime spot in the global geo-political scenario in the last few years. The whole world seems to have taken an inward view and many developed nations like the U.S., Britain, and the European Union have normalized the anti-globalization norms through electoral intent....

EU Finance Ministers Place Defacto Ban on Libra


Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequately addressed. The finance ministers issued a joint statement citing regulatory “challenges...

Goldman Sachs Predicts 31% Rise in Alibaba’s Hong Kong Stock


After having missed out on underwriting the Alibaba Group Holding’s Hong Kong share sale, Goldman Sachs has now predicted that Alibaba shares could go up by as much as 31% in next year. Analysts at Goldman Sachs have started coverage of the Alibaba stock and also gave it a buy rating. Alibaba...

South Korea to Donate $5 Million to WHO for Humanitarian Aid in North Korea


South Korean government will donate $5 million to the World Health Organisation (WHO) for the first time in 5 years. The donation will help provide humanitarian aid in North Korea, which will make medical treatment more accessible for women and children. The announcement was made by the unification...

Crypto-Focused Lender Blockfi Launches Trading Platform


Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes...

Goldman Sachs’s Kathy Says Japan’s Stimulus Package May Payoff


As the global economy is under immense pressure today, no developed nation seems to find it easy to wade off its impact. Japan seems to be on the front absorbing the global shock as it has a multitude of economic issues in its economy. However, some Government sources have lately indicated that...

South African Airways to Get R2 Billion as It Enters Into Business Rescue


In any nation even with the slightest of socialist values, the public sector plays an important role. However, fulfilling these social obligations, public sector companies have been often financially worsened. The recent case of financially unsound South African Airways (SAA) proves that. This...

NATO Summit Opens a Space for Dialogue on Trade Between US and EU


Since the day President Trump assumed office, he took severe measures against the American allies who have been allegedly taking advantage of American mammoth economic power. After Trump’s decision to move out of the ambitious Trans-Pacific Partnership deal, there have been rumors that...

Sundar Pichai Becomes CEO of Alphabet After Larry Page & Sergey Brin Resign


Highly-acclaimed founders of one of the world’s most successful companies Google, Larry Page and Sergey Brin, have resigned from their delegatory posts of CEO and President respectively at Alphabet, the parent company of Google. However, what broke the Internet was the news about the appointment...

European Banks Struggle With Low Interest Rates and Strict Regulations


Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....

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