Bruno Le Maire’s comments come in the wake of Air France-KLM’s Canadian boss telling Air France’s labour unions that they should not depend on the state to bail them out and that the government was prepared to offload its stake… Read More ›
Month: September 2018
Central Bank Chief Of Argentina Resigns After Just Three Months On The Post
The chief of the central bank of Argentina has resigned reportedly over disagreement about measures and policies for restoring confidence in the country’s economy that is in a dire state. The country’s currency peso tumbled against the US dollar following… Read More ›
JP Morgan: Gig Economy Transportation Workers Earning Half Of What They Did 5 Years Ago
The gig economy – where people work through transportation apps available online, is not doing well in the United States. A new study conducted by the JP Morgan Chase Institute claimed that those employees such as drivers who used online… Read More ›
‘No Brexit’ deal will have a devastating impact on the car industry
British and EU’s carmakers will feel the effect of a cliff hanger Brexit. With Brexit’s March 29 deadline fast approaching and faced with growing fears of a cliffhanger exit , Britain’s carmakers have triggered some of their Brexit contingency plans,… Read More ›
Michael Kors acquisition of Versace will create more jobs in Italy: Donatella Versace
The deal places the American fashion in a better position in Europe. On Wednesday, Donatella Versace, the creative director of the fashion house stated the deal with Michael Kors would create more jobs in Italy. “In the last year Versace… Read More ›
Deutsche Bank considering a merger with UBS
Speculation is rife on Deutsche’s potential merger with either UBS or Commerzbank. Deutsche’s CEO Christian Sewing has however dampened speculation of any potential merger for at least the next 3 years. On Wednesday, German business daily Handelsblatt reported citing sources… Read More ›
U.S. would lose multiple front trade war: ECB study
The ECB’s simulation shows the U.S. will have bear the full brunt of the trade war, if Trump were to engage in it with more than a one country. In March Trump had said, trade wars were “… an easy… Read More ›
U.S. trade tariff’s unlikely to directly translate into more jobs
One of the more significant reasons why Trump’s tariffs will not translate into more U.S. jobs is that consumers are not willing to pay a premium for ‘Made in USA’ goods when goods of the same quality is available for… Read More ›
Porsche To Stop Production And Offering Of Diesel Cars
Luxury car maker Porsche will phase out production of diesel vehicles. The company said in a statement recently that it will no longer make diesel powered vehicles but will get completely focused on the development and manufacturing of vehicles running… Read More ›
No Deal Brexit Could Put Flights Between UK And Europe ‘At Risk’: UK Government
The UK government has warned that there can be disruption to air travel from UK to other European countries because if there is a no-deal Brexit. This was revealed in the latest set of documents that lists how key industries… Read More ›
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