EU leaders have prepared a draft guideline for Michel Barnier, EU’s Brexit negotiator Michel Barnier, before the commencing of Brexit negotiations. Leaders across the European Union have warned Britain that if it were to assume that its financial services industry… Read More ›
Month: April 2017
A 20% duty hike on Canadian timber will make the cost of home material and renovation costlier for U.S. citizens
The U.S. has alleged that Canadian timber is procured from government land while back home in the U.S. they had to cut timber from private lands. It would be interesting to see who own these vast tracts of land and… Read More ›
Musk pushing the envelope in the Model 3’s production strategy
Earlier Musk had spoken about his vision to investors with the production line working like an “alien dreadnought” factory in which robots and artificial intelligence are predominantly used to build cars. The vision will however take a while to materialise… Read More ›
China Policymakers Cite Strong First-Quarter GDP, Stable Yuan, Sound Bullish On Economy
After a solid first quarter, pointing to a slow down in capital outflows and a stable yuan after a selloff last year stoked fears of instability, policymakers in China are pushing a bullish message on the world’s second-biggest economy. China’s… Read More ›
U.S. Will Consider EU Free Trade Deal, Says An Encouraged Germany’s Merkel
By saying that she was “very encouraged” that talks were being looked at after her recent trip to Washington, German Chancellor Angela Merkel fueled expectations of a future EU-U.S. trade deal on Sunday. Germany would continue to work for trade… Read More ›
Corporate America’s Debt Being Loaded Up By Foreigners
Foreign investors apparently found what they were looking for in the U.S. last year as there are no borders when it comes to the hunt for yield. Foreigners rushed to “buy American” in the U.S. corporate debt market in 2016… Read More ›
With The Aim To Invest In Digital Currency, New Global Fund To Raise $300 Million
As fund managers and investors seek to tap growing demand for virtual assets that allow for instant, borderless transactions, Alphabit, a global fund that invests in digital currencies, has been launched with a target of $300 million. The co-founder of… Read More ›
France outpaces Germany as euro zone business activity reaches new six-year high
Riding on strong demand and increasing business prospects, new data showed on Friday that business activity in the euro area hit a fresh six-year high in April. Compared to 56.4 in March, the flash euro zone composite PMI (purchasing managers’… Read More ›
In French Presidential Campaign, US Eyes Russian Meddling
Saying that the tactics being used are similar to those deployed in the 2016 U.S. presidential election, U.S. officials are warning of Russian interference in the hotly contested race as voters in France prepare for their presidential election Sunday. Russian… Read More ›
The violation of consumer protection laws
The fire power of Republican attorney generals could protect Exxon Mobil against probing questions of whether it willfully violated consumer protection laws. As per a filing in the U.S. District Court in Manhattan, a group of eleven state attorneys general… Read More ›