As concerns grow about the industry’s vulnerability to hacking, European Union officials and sources said that the bock is considering testing banks’ defenses against cyber attacks. With criminals finding new ways to target banks beyond trying to illicitly obtain details… Read More ›
Day: January 24, 2017
In Spite of Trump’s TPP, Nafta Moves, Optimism Emerges in Canada
Signs of optimism emerged from Justin Trudeau’s government that it can escape the upheaval relatively unscathed on a day when Donald Trump backed out of one trade deal that included Canada and pledged to reopen a second. With Trump atop the… Read More ›
Britain must get parliament’s approval for triggering Article 50 – UK’s Supreme Court
While this ruling was expected by analysts and lawmakers, it could complicate if not delay Theresa May’s 12-point plan of focusing on global trade. In a landmark ruling that could set Britain’s tone for Brexit, the UK’s Supreme Court has… Read More ›
China’s capital controls a worry – MSCI
In recent months, Beijing has clamped down on the flight of currency from its economy while denying the imposition of new capital control norms. Last year, the yuan fell to its 7 year low against the greenback. A top executive… Read More ›
Britain’s Supreme Court to decide whether parliamentary nod required to trigger Brexit
Analysts and lawmakers expect the Supreme Court’s ruling to go against the government. British Prime Minister Theresa May will find out today whether she will need the British parliament’s approval to trigger article 50 of the EU-Lisbon treaty. Britain’s Supreme… Read More ›
LG Display Co reports phenomenal growth in 4th quarter profits
The trend of rising revenues and sales are slated to continue further. Incidentally, prices of LCD TVs larger than 32” have consistently risen in the last 10 months. LG Display Co Ltd, the world’s largest liquid crystal display (LCD) has… Read More ›
What really makes a car ‘American’?
According to two studies, a “highly protectionist and isolationist stance” while revising NAFTA could significantly hit the U.S. auto industry in the form of decreased sales a job losses across North America. With U.S. President Donald Trump withdrawing from the… Read More ›
France bolsters investment and trade with the Pacific Alliance
Pacific Alliance, includes countries such as Mexico, Colombia and Peru, is a major exporter of raw materials, minerals and food. It has now opened its doors to more partners. With U.S. President Donald Trump taking a more regressive, protectionist stance… Read More ›
Brexit an opportunity in disguise
Rather than fracture and retreat, Brexit should be seen as a wake-up call. Taking Brexit on a positive note, the European Union Parliament’s chief Brexit negotiator stated that Britain’s decision to make a clean break with the EU is in… Read More ›
Donald Trump charters that U.S. out of the TPP
In an increasingly interconnected world, where countries across continents have come together to collaborate and knit closer ties, the move to focus, and concentrate economic resources and energies could turn out to be regressive. In a strategic shift, U.S. President… Read More ›