Author Archives

• Altice NV to spinoff US business, simplify operations

  By admin1 on January 9, 2018 • ( 0 )

  

  Analysts view the move as largely benefiting the conglomerate since it essentially assigns economic values to two distinct business verticals, de-linking its European operations with that of its U.S. business and at the same time boost liquidity. In a strategic… Read More ›

• Chances of a coalition government led by Angela Merkel increases in Germany

  By admin1 on January 8, 2018 • ( 0 )

  

  While Merkel’s conservative party has come to an understanding with the SPD on tax related matters. The lack of a government in Germany, despite an election in September 2017, has weighed on Europe’s largest economy. On Monday, a source disclosed… Read More ›

• China’s Belt and Road initiative cannot be a one way road

  By admin1 on January 8, 2018 • ( 0 )

  

  Despite Beijing’s sweet coated words on its strategic Belt and Road project which will transport precious fuel and resources to its hungry industries, the project, key to Xi’s legacy, is viewed with suspicion by many countries across the globe, including… Read More ›

• Britain eyeing TPP once it leaves the EU in March 31, 2019

  By admin1 on January 3, 2018 • ( 0 )

  

  EU rules state that Britain cannot join any trade deal before it leaves the bloc. The Financial Times has reported that Britain is interested in joining the Trans-Pacific Partnership trade bloc once it formally leaves the European Union. Britain has… Read More ›

• Ant Financial’s acquisition of MoneyGram International does not pass CFIUS scrutiny

  By admin1 on January 3, 2018 • ( 0 )

  

  Of late, the U.S. government has focused on the cyber security, data integrity and privacy related angles to a deal before it gives its blessings. The U.S. government has rejected the acquisition bid by Ant Financial, a unit of Alibaba… Read More ›

• British energy giant BP set to gain from overhaul of U.S. tax reforms

  By admin1 on January 2, 2018 • ( 0 )

  

  Large oil firms, including BP and Shell are expected to benefit from changes made to the U.S tax code. On Tuesday, BP stated it expects a positive outcome from the recent changes in the U.S. tax law on its future… Read More ›

• Britain’s Brexit minister pitches for inclusion of financial services into free trade deal with the EU

  By admin1 on January 2, 2018 • ( 0 )

  

  Michel Barnier, EU’s Chief Brexit negotiator, had ruled out knowledge of an unfettered access to financial services in any trade deal with Britain. On Tuesday, Britain’s Brexit Minister David Davis stated that its financial services sector wants to be part… Read More ›

• Crude oil posts strongest ever opening of the year since 2014

  By admin1 on January 2, 2018 • ( 0 )

  

  Despite receiving support for its bullish upward drive, rising U.S. oil production is likely to be a drag for oil’d 2018 outlook. On Tuesday, oil prices posted their strongest ever opening since 2014, with the anti-government uprising in Iran along… Read More ›

• U.S. Congress approves 2.3% tax on U.S. medical devices

  By admin1 on January 2, 2018 • ( 0 )

  

  As per lobby groups from medical device makers, the re-imposition of the levy stiffles will once again stifle growth in the sector and slash jobs. Despite opposition from the medical manufacturing industry and a section of U.S. lawmakers, the U.S…. Read More ›

• AT&T’s stands to gains significantly from its FirstNet project

  By admin1 on January 2, 2018 • ( 0 )

  

  All 50 States of the U.S. have agreed to participate in this $6.5 billion nationwide broadband network with U.S. territories, including Guam, Northern Mariana Islands, American Samoa set to confirm their respective participation by the end of March 2018. Following… Read More ›