France and Italy are set to a sign a deal aimed at tilting the balance of power in Europe after the departure of German Chancellor Angela Merkel, said a government source. Emmanuel Macron and Mario Draghi are set to sign… Read More ›
Economy & Finance
Ukrainian President Volodymyr Zelenskiy welcomes Britain’s move to finance its naval capabilities
Welcoming British offers to finance to enhance Ukraine’s naval capabilities, Ukrainian President Volodymyr Zelenskiy welcomed a framework agreement for the same. Playing host to British Defence Minister Ben Wallace, Zelenskiy said, the two discussed ways to ensure safe navigation for… Read More ›
Sale of F-35 stealth fighters only after UAE understands obligations
According to an official from the Biden Administration, the United States intends to move forward with the sale of 50 F-35 stealth fighter jets to the United Arab Emirates after Washington gets a clear understanding of “Emirati obligations”. “We continue… Read More ›
Royal Dutch Shell undertakes major steps, to relocate HQ to London, simplify corporate structure, to be known as Shell Plc
In a statement Royal Dutch Shell said, it would do away with its dual share structure and relocate its headquarters to Britain from the Netherlands. The development comes at a time when the oil giant is facing increasing climate pressure in… Read More ›
Best protection for everyone is to get booster doses: Boris Johnson
In a statement British Prime Minister Boris Johnson said, at the moment he sees no need to move the UK to “Plan B” of vaccine passes, mask mandates, and work from home orders, despite rising COVID-19 cases in parts of… Read More ›
EU to sanction companies and individuals in Belarus migrants crisis
Foreign Ministers from the European Union have agreed to a fifth round of sanctions against Belarus accusing it of using migrants as a weapon, said EU diplomat Josep Borrell. The EU measures, which will impact companies and individuals, will be… Read More ›
Debt saddled Chinese property sector unlikely to trigger global shockwave: BOJ governor Haruhiko Kuroda
On Monday, in a statement Bank of Japan Governor Haruhiko Kuroda said, woes revolving around China’s property sector are unlikely to trigger a global shock since the country was not saddled with huge external debt. “We don’t expect China’s property… Read More ›
Samsung’s vice chair Jay Y. Lee visits US as it weighs where to build $17 billion US chip plant
Jay Y. Lee, the vice chairman of Samsung Electronics is visiting North America following an imminent decision by the company to build a $17 billion US plant in the U.S. Lee is scheduled to visit the Unites States and Canada. Earlier… Read More ›
EU to broaden sanctions on Belarus on Monday
In a statement the European Union’s foreign policy chief Josep Borrell said, on Monday EU foreign ministers will widen sanctions on Belarus to include airlines and travel agencies involved in bringing migrants to the bloc’s border. The EU has accused… Read More ›
9.4% Fall In Auto Sales In China In October, Says Industry Body
The protracted worldwide scarcity of semiconductor chips was instrumental in vehicle sales in China declining in October, which was a drop for the sixth straight month, with a 9.4 per cent year on year fall in sales, shoed data from… Read More ›