In a move that apparently tallies with the unannounced decision to cut down on shipment of crude to shore up global oil prices, shipments of oil to the United States are being slashed by Saudi Arabia. Representatives of the oil… Read More ›
Day: November 16, 2018
Headwinds Could Hit US Economy Next Year, Cautions The US Fed
The US Federal Reserve Chairman Jerome Powell said that the central bank needs to think about the speed at which interest rates are to be raised because of some potential headwinds that are on the way to hit the US… Read More ›
Fully Formed Banking Union Needed By European Banks To Rival Wall Street: Deutsche Bank CEO
The head chief executive of Germany’s biggest lender believes that for European banks to be able to compete with the world’s most valuable financial institutions, there is desperate need of fully formed banking union. “We have to accelerate the banking… Read More ›
Global trade facing heightened risks from new cold war: French finance minister Bruno Le Maire
One of the ways out of this pickle is to reform the World Trade Organization, opined French finance minister Bruno Le Maire. On Friday, French Finance Minister Bruno Le Maire stated, the world is facing a cold war over trade…. Read More ›
Rolls Royce continuing with Brexit contingency plans: CEO Warren East
Rolls Royce is focusing its efforts to continue doing business irrespective of the manner Britain departs the EU. On Friday, Britain’s airplane engine maker Rolls-Royce stated, it was continuing with its contingency plans vis-a-vis Brexit. The development comes midst growing… Read More ›
France preparing to install transport and customs measures as a failsafe to Brexit deal
With 4 lawmakers resigning from British Prime Theresa May’s government, the draft Brexit-deal is in peril. On Friday, French Transport Minister, Elisabeth Borne stated, France is preparing various measures, including those dealing with customs checks and controls at ports, in… Read More ›
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