There is an increasing fear of skill shortages with UK companies which was reflected by an significant rise in the number of job vacancies that are still not filled throughout Britain which has increased the bargaining power of workers to… Read More ›
Day: February 19, 2019
Australian PM Says ‘State Actor’ Hackers Attacked Australian Political Parties
It was not long ago that hackers attempted to hack Australia’s parliament. The country’s Prime Minister Scott Morrison said that a “malicious intrusion” on the computer networks of the main political parties and parliament of the country was used for… Read More ›
Italy commences discussions over GACS scheme renewal
Although risk premiums for the GACS scheme are pricey for the Italian government, but given its size of 100 billion euros, the Italian government is likely to be hard pressed on ways to significantly trim it no matter how complicated… Read More ›
Volkswagen wins appeal against plaintiff over diesel car affected by emission cheating scandal
It is very likely that the plaintiff, supported by Germany vocal consumer body MyRight, will appeal the verdict in Germany’s highest court – the BGH. A ruling by the BGH will be binding on the rest of the cases under… Read More ›
London-based Euro Zone banks should be fully prepared for Brexit by March: ECB supervisory chief
Any pending supervisory concerns for the London-based banks relocation relocating to the Euro Zone will be addressed in the coming weeks. In a statement that essentially amounts to a call for action, European Central Bank supervisory chief Anrea Enria stated,… Read More ›
Tariffs on EU auto exports to the U.S. could result in EU reneging on its purchase commitments from the U.S.
The head of the European Commission, Jean-Claude Juncker, stated, he had a deal with U.S. President Donald Trump which ensures that Washington will not impose tariffs on EU car exports to the U.S. for the time being. In a clear… Read More ›
Brazil seeks $203.6 million in compensation for from EU for imposing tariffs on Brazilian steel
In the event the EU does not pay up, Brazil is likely to impose additional tariffs on hike up existing ones, including the one on powdered milk. Following the imposition of import tariffs by the European Union on Brazil, the… Read More ›
Ken Hitchner, Goldman Sachs’ Asia Pacific CEO, to retire mid-2019
Goldman Sachs is yet to disclose who will be replacing Ken Hitchner as the chairman and chief executive officer of Goldman Sachs Group Inc for the Asia-Pacific region excluding Japan. A Bloomberg report citing sources familiar with the knowledge at… Read More ›