Highlighting a willingness among investors to hold top-rated debt even as yields across the world collapse, Germany became the second G-7 nation after Japan to issue 10-year bonds with a negative yield. Fetching the lowest average yield on record for… Read More ›
As much as £50 million ($66.5 million) could be spent to relocate to the European Union (EU) by London-based banks looking to pack up after Brexit, claims a report that was published recently. On an average, £50,000 ($66,252) per employee… Read More ›
LG Innotek is distinct from LG Electronics. LG Innotek Co has said it is considering building a camera modules plant in Vietnam, without going into any further details. The Economic Daily, a South Korean newspaper, has reported citing anonymous sources… Read More ›
The company is owned by an investment firm from Abu Dhabi. At the Farnborough Airshow, Strata Manufacturing has disclosed that it has won two contracts from Airbus whose combined value is more than $1 billion. Strata Manufacturer is a components… Read More ›
The overcapacity has led China to dump steel in export markets. Jean Claude Junker, the European Commissioner has made it clear to his Chinese counterpart that China’s overcapacity in the steel sector is a very serious issue. By far the… Read More ›
Increased streamlining of its power systems and marine units the company could result in major savings for the company. Warren East, Rolls-Royce’s Chief Executive said that the company is in the process of making a turnaround with a potential cost… Read More ›
Here’s BlackRock’s take on Brexit. As per BlackRock, in the coming years, it is likely that Britain will face a recession and its growth rate trimmed by at least 0.5% point as a result of Brexit. “Recession is now our… Read More ›
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