Author Archives
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After Brexit, Chocolate Could Get Smaller, Cadbury Says
Even while committing to stay in Britain after Brexitt, the size of its products could be shrunk or the prices could be raised after Brexit, Cadbury has said. the country would still be the “home of chocolate manufacturing” and the… Read More ›
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Pwc Study Says At Risk Of Being Replaced By Robots Are Millions Of UK Workers
As the automation of routine tasks gathers pace in a new machine age, more than 10 million UK workers are at high risk of being replaced by robots within 15 years, suggests a new report. Due to breakthroughs in artificial… Read More ›
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The EU Vote That Could Open Te Door To Russia Is Under-The-Radar
One vote that promises to strengthen Russia’s foothold in the European Union, has escaped the glare as eyes are fixed on populist threats in other European Union elections. To benefit voters who feel let down by the bloc a decade after membership, they’ll… Read More ›
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ECB Warns Brexit Is A ‘Major Risk’ For Euro Zone Banks Still Not Profitable Enough
Amidst the risks that are faced by many European banks and indeed the entire sector faces, banks need to boost their profitability and business models, waned the European Central Bank on Thursday. In its annual report on supervisory activities, the… Read More ›
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EU Deal Near Collapse, Says World’s Largest Refugee Host
According to Turkey’s minister in charge of EU integration, the agreement between Turkey and the European Union, to help stem the largest flow of refugees since World War II is inching closer to collapse. Omer Celik said in an interview… Read More ›
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Goldman Says Rather Than Price Setter, OPEC Is Now An Inventory Manager
Goldman Sachs analysts say that an oversupply situation would be created and a big problem faced for efforts by major oil producing nations to support prices by an increase in new production projects and a shale boom. Record production capability… Read More ›
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EU Said to Rule Out U.K. Trade Talks Before Brexit Bill Deal
Until Theresa May agrees to settle Britain’s financial commitments to the bloc, European Union officials are ruling out any discussions with U.K. Prime Minister Theresa May over a post-Brexit trade deal. In the best-case scenario it may take until early… Read More ›
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Thai Oil Giants Hunt For Investments And Are Armed With $11 Billion
Nearly $11 billion combined in cash and marketable securities, such as bonds and other short-term investments are lying with Thailand’s PTT Exploration & Production Pcl and its parent company. And according to Chief Executive Officer Somporn Vongvuthipornchai, in order to rescue… Read More ›
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The Beijing-Seoul Fallout Will Benefit These Counties
As China uses its considerable soft power to push its neighbors when it feels national interests are threatened, geopolitical tensions in East Asia have escalated in the last year. And according to analysts, to turn their fortunes around, now those countries… Read More ›
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$65 Bln In Deals Eyed By China And Saudi Arabia As The Saudi King Visits
As the world’s largest oil exporter looks to cement ties with the world’s second-largest economy, Saudi Arabia’s King Salman oversaw the signing of deals worth potentially $65 billion on the first day of a visit to Beijing. Embarked on a… Read More ›
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