An increase in protectionist rhetoric might just have started to get reflected already in first signs of damage to Europe’s economy amidst increasing trade tensions between the European Union and the United States. A quarter on quarter growth of just… Read More ›
Month: May 2018
Continued Denuclearization Demands By U.S. Could Derail Trump Summit: North Korea
The persistence of the United States that North Korea give up all of its nuclear weapons could result in the rogue state puling out of the proposed talks with U.S. President Donald Trump. This threat was issued as North Korea… Read More ›
Cross-border derivatives contracts worth $35 trillion hangs in Brexit’s balance
ESMA and regulators across the EU are keeping a hawk eye on the mountain of cross border derivative contracts that go beyond Brexit. According to a top regulator from the European Union, the EU may not have enough time to… Read More ›
Acquisition central to Deutsche Boerse’s growth strategy: CEO Theodor Weimer
Theodor Weimer has however ruled out any mega deals. Deutsche Boerse’s new CEO, Theodor Weimer, who took office since the start of 2018, essentially told shareholders that he is on the lookout for future acquisitions and that it is one… Read More ›
Starbucks looks to triple its stores in China in the next 5 years
Starbucks is hoping the cost synergies in its deal with Nestle will enable it to mitigate the pressures of fighting waves of small boutique coffee stores in the U.S. and China. Feeling the pressure in its home market, Starbucks Corp… Read More ›
Two senior executives leave Tesla
In recent times there has been a flurry of senior executives leaving Tesla. These departures come at a time when the company is looking to ramp up the production of its Model 3 sedan. Tesla Inc lost two major executives,… Read More ›
Agreement On Greek Debt Needs To Be Achieved By Next Week: IMF
An agreement needs to be reached quickly between the International Monetary Fund (IMF) and the Greek government and the creditors of the country in Europe so that there is enough time at hand with the Fund to be able to… Read More ›
New Program In China To Lure Back Home Its Largest Tech Companies
China wasn’t that its biggest companies should come back home. Stock exchanges outside of china have been chosen by some of the largest companies in China to launch IPOs in recent years. New York is the place where Alibaba and… Read More ›
U.S. Supreme Court legalizes sports bettings
The market for legal sports betting could range between $1.2 billion and $57.6 billion of total wagers, with proceeds for gaming operators between $62 million and $2.9 billion. With the U.S. Supreme Court paving the way for U.S. states to… Read More ›
Amazon adopts policy for increasing diversity in its board
As per a filing by Amazon to the SEC, its board is set to review nominees from diverse candidates which includes minorities. In a move that aims to promote greater diversity in its Board, Amazon.com stated women and minorities are… Read More ›