As the European Central Bank attempts to gradually eliminate the stimulus programme, it is estimated that the bank would face some challenge next year indicated by the slow inflation rate in Germany. Germany’s Federal Statistics Office said yesterday that 1.6… Read More ›
Month: December 2017
Trump Calls On China To Help Resolve North Korea Crisis, Threatens Beijing Over ‘Unfair’ Trade Practices
After multiple reports emerge din the media that China had been providing oil to the rogue state of North Korea, United States President Donald Trump suggested that action could be taken by his administration against China for doing so. He added… Read More ›
Healthcare Startup Claims Of Offering Blockchain Based Healthcare Services For Seamless Delivery Of Services
The anticipated rise in the expenses for healthcare globally by 2.4% to 7.5% by 2020 is being proposed to be tackled by Healthureum which is a health-focused startup and its operations are based on the blockchain technology. Containment and reduction… Read More ›
First Yearly Gain Since 2012 Posted By Mexican Peso As It Belies Trump Fears
There were two very different sides for Mexico’s currency in 2017. The Mexican currency peso first rebounded from the lows that it had sunk into following the Trump effect after his election as the U.S. President and the apparent hostilities… Read More ›
$102 Million, Including Bonuses, Paid To Apple CEO Tim Cook This Year
Apple’s chief executive, Tim Cook, collected a large share bonus that was related to the iPhone maker’s stock market performance and later he was paid $102m (£76m) this year. The total payment for 2017 for Cook was $102 million which comprised… Read More ›
Airbus Wins Orders For 50 Airbus Jets From China Aircraft Worth $5.42 Billion
China’s aviation market is slated to slide past and over the U.S. market to soon become the largest market in the world. And naturally there is a rising demand for aircrafts in this fast growing industry. To cater to that… Read More ›
Goldman Sachs picks Dublin for its asset management business post Brexit
Luxembourg and Dublin have emerged as favorites among firms who are shifting their European operations from Britain following Brexit. According to sources familiar with the matter at hand, Goldman Sachs has picked Dublin as a location for its administrative staff… Read More ›
China Aircraft Leasing Group Holdings Ltd to purchase 50 A320neo aircrafts from Airbus SE for $5.42 billion
The actual price that China Aircraft Leasing Group Holdings Ltd will pay however be lower than the aggregate list price of $5.42 billion, since it is a common practice in the aircraft industry to provide concessions to buyers. On Friday,… Read More ›
South Korea seizes Hong Kong-flagged vessel for supplying oil to North Korean vessels at mid-sea
South Korean officials have seized the vessel Lighthouse Winmore which they say transferred oil to North Korean vessels at mid-sea. An official from South Korea’s foreign ministry stated it has seized a Hong Kong flagged vessel suspected of transferring oil… Read More ›
M&A activity peaks in 2017
This marks the highest levels since the 2007-2009 financial crisis. Analysts opine that after the passing of the U.S. Tax bill, M&A activity could pick up in 2018. 2017 has been a strong year for the M&A scene with activity… Read More ›