The UN said that the through 2018 and 2019, there would be stability in the world economy, following an inspiring rate of 3 percent in growth in 2017. The predictions were revealed in a UN world economic prospects report. Since… Read More ›
Day: December 12, 2017
UK Government Spending Watchdog Claim Government Lost Out On Million In Sale Of Green Investment Bank
A spending watchdog in the U.K. claims that tens of millions have been missed out by ministers in the sale of Green Investment Bank (GIB) which took place in August. The valuation of the GIB that was made by the… Read More ›
France’s Unibail-Rodamco acquires Australia’s Westfield Corp for $24.7 billion, including debt
The combined company has properties strategically located in 27 of the world’s most alluring retail markets. In what is said to be the biggest takeover of an Australian company to date, France’s Unibail-Rodamco has agreed to acquire shopping mall owner… Read More ›
EU, US, Japan join forces to expose China’s economic designs on global trading practices
The alliance will have to streamline their efforts and work more closely since any unilateral action by any member could undermine their core strategic group effort. As per a source close to the discussions at hand, the European Union, the… Read More ›
Brent crude zooms beyond $65 a barrel
U.S. oil production is rapidly approaching oil production levels of that of Russia and Saudi Arabia. With the shutdown of the Forties North Sea pipeline, a big chunk of the oil supply has been blocked from the market and along… Read More ›