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• Cliffhanger Brexit will have deep impact for select sectors: WTO’s Director-General

  By admin1 on April 5, 2019 • ( 0 )

  

  The British parliament’s decision on April 12 will be is a milestone that Brexit watchers will be looking at very keenly. According to Roberto Azevedo, Director-General of the World Trade Organisation (WTO), if the United Kingdom were to leave the… Read More ›

• UniCredit preparing to bid for Commerzbank AG

  By admin1 on April 4, 2019 • ( 0 )

  

  UniCredit’s bid for Commerzbank AG is despite the fact that the latter is negotiating merger talks with Deutsche Bank. UniCredit aims to merger Commerzbank with its HypoVereinsbank. On Thursday, as per a report by the Financial Times, UniCredit SpA is… Read More ›

• Deutsche Bank and Commerzbank merger talks in limbo

  By admin1 on April 4, 2019 • ( 0 )

  

  According to two sources with knowledge of the matter at hand, “As of today there is definitely no date when a decision will be taken on whether the discussions will proceed.” According to two sources familiar with the matter at… Read More ›

• UK Lawmakers call for breaking up KPMG, EY, PwC and Deloitte

  By admin1 on April 3, 2019 • ( 0 )

  

  Calls for breaking up the big four accounting firms are on the rise following audit failures at Carillion and retailer BHS. In a first such intervention, with the role played by accounting firm KPMG in the collapse of construction company… Read More ›

• Growing consensus in UK cabinet to accept customs union with the EU

  By admin1 on April 3, 2019 • ( 0 )

  

  This report from The Sun should be viewed with caution since the option to keep Britain in a customs union with the EU, was defeated by three votes during a round of indicative voting on alternative Brexit options on Monday.

• Lockheed Martin awarded $2.4 billion contract for sale of THAAD missiles to Saudi Arabia

  By admin1 on April 3, 2019 • ( 0 )

  

  The development seals the deal which both countries entered into in Nov. 2018 for 44 Terminal High Altitude Area Defense launchers, missiles and related equipment. According to a statement by the Pentagon, Lockheed Martin Corp has been awarded a $2.4… Read More ›

• Will take “long hard look” at British operation in case of a cliff-hanger Brexit: Ford Motor

  By admin1 on April 3, 2019 • ( 0 )

  

  Ford builds only engines in the UK. It does not build any cars. On Tuesday, U.S. carmaker Ford Motor stated, it would have to take a “long, hard look” at its British operations, including two of its engine factories, if… Read More ›

• China cuts VAT rate to boost slowing economy

  By admin1 on April 2, 2019 • ( 0 )

  

  China, the world’s second-largest economy, is growing at its weakest pace in almost 30 years. Its trade war with the U.S. is significantly having a deep impact on its economy. Consumer brands across China, including Apple Inc, have lowered their… Read More ›

• Canaccord Genuity Group Inc to restructure capital market business over Brexit-related uncertainties

  By admin1 on April 1, 2019 • ( 0 )

  

  Canaccord Genuity Group Inc expects significant job cuts in its capital market business in the UK however, it will not effect its wealth management business in the UK or Europe. In a significant development, Canaccord Genuity Group Inc stated it… Read More ›

• Irish manufacturing activity grows at a steady pace: PMI

  By admin1 on April 1, 2019 • ( 0 )

  

  Stockpiling and ramping up operations ahead of Brexit has helped in boosting production levels. As per the results of a survey released on Monday, Irish manufacturing activity grew at an almost identical rate in March compared to February. An increase… Read More ›