The competition to wrest two prestigious European Union agencies from London in the wake of Britain’s vote to leave the bloc is all set to step up with Milan’s new mayor Giuseppe Sala scheduled to fly into London. More than… Read More ›
Day: July 5, 2016
Gulf Bond Sale Frenzy Bolstered by Addition of Kuwait’s $9.9 Billion Plan
As lower oil prices squeeze public finances, Kuwait plans help plug its budget deficit by raising as much as $9.9 billion from international debt markets. The country’s finance minister Anas Al-Saleh said in a speech that the OPEC member also… Read More ›
Samsung’s Galaxy S7 helps it get back on profitability track
Although it had been squeezed by Apple and Chinese budget phone manufacturers, in the beginning of this year, it outmanoeuvred both and emerged on top. Propelled by a surge in the sale of mobile phones, especially its flagship Galaxy S7, Samsung electronics… Read More ›
Confusion rages in Conservative Party as it seeks out a new leader
According to Boris Johnson, Britain needs to explain Brexit’s impact to its citizens, but wouldn’t explaining Brexit’s impact add to the “hysteria” and further boost demands for a second referendum. Boris Johnson, the ex-London mayor who vigorously led a campaign… Read More ›
An act of Parliament will be required before Britain can trigger Article 50 of the Lisbon Treaty
Mishcon de Reya playing a pivotal role in Britain’s history. Mishcon de Reya a law firm has started a legal action demanding that the British government first win legislative approval before triggering article 50 of the Lisbon Treaty, which will… Read More ›
Bank of Israel in dollar buying spree
The Central Bank has portrayed the move as an integral part of its monetary policy. With the shekel continuing to strengthen for a fifth day in a row, Israel’s central bank, the Bank of Israel, has engaged in buying “hundreds of… Read More ›