According to forecasts by the World Trade Organization (WTO), the growth of world merchandise trade increased from 2.8% in 2014 to 3.3% in 2015, and in 2016, it would leap again up to 4.0%. This is less than previously expected. - Thus, the increase in trade will remain significantly below the annual average of 5.1%, calculated from 1990, - said a forecast published on Tuesday on the website of...

Pepsico has announced partnership with American Premium Basketball league NBA as it will replace Coca-Cola as the exclusive beverage at the league matches. The new announcement signals a new breakthrough for America’s No.2 non-alcoholic beverage. Coca-Cola had been the exclusive beverage in the stands of NBA for 28 years. The company has brought in its varied product ranges as a deal breaker in...

The slump in China’s exports dashes projections for rebound in second largest economy across the globe. China’s export for March tumbled 15%, which highlighted sputtering economic growth. However, the economists projected an increase of 12% in exports. The decline in exports were quite shocking as it followed a significant increase of 49% in February. China’s imports also declined by 12.3% in...

Steve Denning speculates over Galloway’s predictions of four major company’s future trends which the latter concluded from his algorithmic calculations. Thestrategist.media – 10 April 2015 – Forbes’ contributor, Steve Denning, reflects on the presentation of NYU Stern’s clinical professor of Marketing and the C.E.O cum founder of a “business intelligence firm” L2, Scott Galloway wherein the...

Amid high volatility in world oil & gas market, Shell initiated Arctic drilling Greenpeace activists climbed the drill rig in order to protest against Arctic drilling near Alaska. The drilling rig belongs to Shell, who is planning to initiate Arctic Offshore drilling activities in Chukchi Sea. The activists are opposing the Arctic drilling stating that crude oil companies has not yet revealed...

Lenovo took the top position in PC shipments across the world. Worldwide shipments for PC tumbled down 5.2% to about 71.7 million units in first quarter 2015 as compared to previous year, according to Gartner. The performance of PC industry in recent years has not been spectacular mainly due to the remarkable growth in smartphone sales. Lenovo emerged as the largest manufacturer of PC across the...

International trading online marketplace eBay finally began to carry out the promised bitcoin-integration. Now, eBay sellers have an opportunity to take a popular Cryptocurrency through PayPal as payment for their goods. Following from eBay’s official report on the website of Securities and Exchange Commission USA, a seller does not have anything extra to buy or configure to receive...

Robust net migration is the main stimulating factor for the economic growth. The year 2014 was marked with 3.5% growth in New Zealand’s GDP. The net migration plays a vital role in adding stimulus to the economy and is therefore pumping huge investments in infrastructure. The elements stimulating the New Zealand’s economy is largely intact but are posed to the threat from slowdown in...

Models and children will not be allowed to the 16th Shanghai Auto Show, reports The China Daily. New rules for the show prohibit models attending the stands to attract attention to the product. The organizers believe that such a measure will help visitors to focus on the updates to the automotive industry. However, most of all, as the newspaper writes, manufacturers try to dodge the ban by hiring...