Recent Posts

China increases investment in emerging private space industry

China is upping bets on private space companies, leading among countries expanding market share in the nascent industry during the third quarter, according a report from Space Angels, an investing firm specializing in private space ventures. Chinese space companies drew $69 million of investment in the third quarter, more than …

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Mnuchin warns China against weakening its currency

Treasury Secretary Steven Mnuchin has told China not to weaken its currency as the U.S. and China try to resolve their trade differences. Mnuchin told the Financial Times the Treasury Department is closely watching the currency market and wants to talk about the issue with China as part of trade …

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Italy is facing a possible credit rating downgrade 

Bloomberg | Bloomberg | Getty Images Matteo Salvini, Italy’s deputy prime minister, looks on during a news conference with Marine Le Pen, leader of the French nationalist National Rally party, not pictured, on Monday, Oct. 8, 2018.  He added that Moody’s is “not driven by short-term movements or reactions either …

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