Coronavirus: Scotland Distillers Face a Financial Impact

Highlights China is the biggest spirits market, Scotch whiskey worth 89 million pounds was exported to China in 2019 The scotch whiskey production will be severely affected A potential loss of 200... Read more »

Will Donald Trump Come to the Aid of Oil Companies Amidst Demand Slump?

Highlights: Democrats slam the idea of bailing out oil companies Brent Crude oil fell 24% on Monday Russia’s Energy Minister last week had walked out from a meeting chaired by OPEC to... Read more »

Airbus Not Sure About the Launch of Satellite Servicer

Highlights Airbus has appreciated Northrop Grumman’s satellite servicer launch Airbus is not sure about the commercial market viability of launching their own satellite servicer. Airbus Defence and Space were planning to launch... Read more »

US and Brazil to work together for advancement of defense technology

  Highlight:- South American countries can access finances from the United States budget The Brazilian defense industry has 220 companies and they export to nearly 85 countries The US government and the... Read more »

RBI Gets Overruled by SC on Cryptocurrencies!

Highlights: Ban on cryptocurrencies was first placed in April 2018 Industry players as well as public petitions against the ban have since been lodged The Reserve Bank of India had back in... Read more »

Abu Dhabi: Wizz Air and ADDH to Launch Low-cost Airlines

Highlights Wizz Air Holdings is Europe’s fastest growing airline The Airline aims at low fares with a superb on-board experience This Emirati Airline which is a joint venture between Wizz Air Holdings... Read more »

Central Bank of Malaysia in a Surprise Move cuts OPR by 25 Basis Points:

Kuala Lampur:  Bank Negara Malaysia or the Central Bank of Malaysia has cut the Overnight Policy Rate [OPR] by 25 basis points taking it to 2.50% from 2.75%. This has been the... Read more »

A Negative Impact of Coronavirus on Hollywood Movies

Highlights China is the world’s second largest box office market for Hollywood Hollywood releases postponed and film shooting cancelled in Europe locations The Hollywood movie Contagion released in 2011, was about a... Read more »

Genworth plans on divesting from the Canadian part by 1.8 Billion US dollars

Genworth Financial, Inc. GNW has consented to strip 57% stake of Genworth MI Canada Inc. to Brookfield Business Partners L.P. BBU for $1.8 billion. Shares of Genworth increased 15.8% after the declaration.... Read more »