India-US trade deal on fast-track

New Delhi (Bloomberg): US Trade Representative Robert Lighthizer will be in India in the second week of February to finalize a trade deal ahead of President Donald Trump’s expected visit. India is keen to sign an agreement during Trump’s visit, and trade minister Piyush Goyal has invited Lighthizer to discuss the details of a possible […]

How is India’s workforce dealing with economic burnout?

Mumbai: India’s government releases its 2020 budget on Saturday, facing stuttering growth and record unemployment and a jump in inflation that has further widened India’s wealth gap. A botched nationwide tax rollout, the 2016 shock cash ban, and a sharp liquidity crunch in the vast shadow banking sector all played their part in creating the […]

Crunch time for Lebanon as new Cabinet decides on bond payment

Beirut: Crisis-ridden Lebanon finally has a government again and top of its agenda will be whether to repay a Eurobond maturing in six weeks. After lawmakers passed the 2020 budget on Monday, the new cabinet’s next major decision will be what to do about the $1.2 billion of bonds due on March 9. The team […]

Is silicon scrap waste the future of better batteries?

IPod co-inventor Tony Fadell is backing a battery company that says it’s found a way to store more energy using silicon scrap waste. Fadell’s investment firm, Future Shape, is among the contributors to Advano’s $18.5 million (Dh68 million) Series A funding round. It’s Fadell’s first battery investment. Silicon could be key to building more powerful […]