International oil companies, downstream companies and financial institutions have shown great interest in the Cypriot Aphrodite gas field following an intergovernmental agreement arrived at between Egypt and Cyprus, claimed Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla, according to… Read More ›
Day: February 11, 2019
Trade Talks With US Should Yield Good Results, Hopes China
Just ahead of the start of the last round of trade negotiations in trade between the United States and China, the foreign ministry of China said that it hopes the talks would reveal good results. The latest round of negotiations… Read More ›
Study Claims $10 Billion New FDI Diverted From UK In Other EU Countries Due To Brexit
A research published on Monday claimed that money has been pushed out of UK because of Brexit. Even as the British government are yet to strike a comprehensive and acceptable deal for UK’s divorce from the European Union (EU), the… Read More ›
Weakest Economic Growth In Q4, 2018 Since 2012 In UK Due To Brexit Concerns
The growth of the British economy was the slowest in a quarter in the last six years in the fourth quarter of 2018 as had been expected by the markets and analysts primarily because of slowing down of the investments… Read More ›
Mark Tucker appointed as chairman of TheCityUk
The development assumes significance since the lobby group has been one of the main channels through the UK’s financial services firms lobbied the British government for a favorable outcome vis-a-vis Brexit. On Monday, TheCityUk, a British financial industry lobby group,… Read More ›
UK to maintain financial ties with Switzerland post Brexit
This step is among the few concrete steps the UK government has taken towards mitigating issues revolving around Brexit. On Monday, Switzerland and Britain are scheduled to sign an agreement which will the continuance of their trade on preferential terms… Read More ›
Australia signs $35.5 billion contract with France’s Naval Group for a fleet of 12 submarines
The development assumes significance since the deal is part of Australia’s plan to secure its trade interests in the strategic Asia-Pacific region. On Monday, Australia signed a production contract with French shipbuilder Naval Group for a fleet of twelve new… Read More ›
U.S.-China trade negotiations to focus on intellectual property
This is a crucial round of negotiations since it revolves around one of Washington’s core demands of China’s treatment of U.S. intellectual properties. Negotiations in the U.S.-China trade war is slated to shift to a higher gear this week with… Read More ›
Private equity firm Apollo Global Management LLC close to acquiring Cox Enterprises Inc’s 14 regional TV stations
Broadcast TV stations are appealing to private equity because of the cash-rich fees they generate from being carried by cable operators. According to sources familiar with the matter at hand, Apollo Global Management LLC is close to sealing a nearly… Read More ›