Mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle is seen by HSBC Holdings Plc, Citigroup Inc. and Morgan Stanley. In addition to investors ignoring valuation fundamentals and data,… Read More ›
Month: August 2017
France backs Trump’s move on troops deployment in Afghanistan
The development points to the recognition of burgeoning economic opportunities in the region. On Wednesday, France’s foreign ministry issued a statement which backed the commitments made by U.S. President Donald Trump on maintaining a military presence in Afghanistan. “France recognizes… Read More ›
Investors and venture capitalists tapping microflats for boosting growth in real estate
Net yields are pushing property developpers towards microflats as opposed to build-to-rent private apartments. In a development that has taken many in the real estate market by surprise, priced out of London’s traditional housing market, millennials are now opting to… Read More ›
Blackstone Group prepares IPO for Gates Global
The IPO could see Gates being valued at more than $7 billion, including debt. Sources familiar with the matter at hand have disclosed, Blackstone Group LP is exploring an IPO for Gates Global LLC. The development comes three years after… Read More ›
Eyeing Afghanistan’s dormant economic wealth, U.S. changes its Afgh-Pak strategy
This a significant strategic shift by the Trump Administration has potentially serious geo-economic consequences for the region and has the potential to bring about a turnaround in Afghanistan’s economy. With the U.S. Administrations deciding to secure Afghanistan from rogue elements,… Read More ›
WEF Reports Says Compared to Fintech Start-Ups, Tech Giants Like Amazon And Facebook More Disruptive To Banks
According to a report by the World Economic Forum (WEF), compared to financial technology (fintech) start-ups, banks are faced with more competitive disruption from tech behemoths. The report concluded that start-ups had less of an impact than expected, contrary to… Read More ›
11 Post-Brexit Trade Deals That UK Is Preparing Might All Be For Nothing
With the aim of reducing the economic impact of leaving the European Union, the U.K. government is preparing 11 trade deals. But despite the efforts, all this work might not be fruitful. While a member of the European Union, the… Read More ›
Lockheed Martin wins $427 million contract: Pentagon
The contract is for ancillary military equipment and pilot flight equipment for F-35 Joint Strike Fighter aircrafts.
The United States begins upgrading and replacing its ageing missile deterrence systems
The move, which is expected to cost the U.S. nearly $1 trillion over the next 30 years. Comes midst the Trump Administration’s drive to overhaul and boost the defense industry of the country. In a significant development the Pentagon has… Read More ›
Brazilian government likely to sell a portion of its stake in Eletrobras
This has the potential to open up Brazil’s power sector to private players. As per a Brazilian government source, the Brazilian government’s stake along with other state entities in Centrais Elétricas Brasileiras SA, a power holding company, could be as… Read More ›