The test was to see whether banks have enough capital to take on stressful economic conditions. On Friday, UK’s central bank, the Bank of England said, it would publish the results of its annual assessment of banks’ readiness for financial… Read More ›
China is a crucial market for Apple, one in which it has been steadily losing market share. On Friday, China’s chief market regulator Xiao Yaqing disclosed, he had met up with Tim Cook, Apple Inc’s Chief Executive, in Beijing on… Read More ›
The International Monetary Fund has warned that policy blunders of the central banks of the world have pushed the global economy to its weakest point since the global financial crisis of 2008 and the central banks are now wasting scarce… Read More ›
Germany has effectively not banned Huawei, the Chinese tech giant and the largest manufacturer of telecommunications equipment in the world, from participating in the construction of 5G mobile networks in the country according to a draft proposal prepared by the… Read More ›
In the eventuality of the United Kingdom leaving the European Union without any deal which would be a worst case scenario, Japanese auto major Nissan Motor will stand to lose more than 80 billion yen or $737 million in asset… Read More ›
“Tremendous damage” will be done to the global economy in the long run because of the affinity of many central banks towards zero or negative interest rates, warned analysts and added that central banks all around the world are going… Read More ›
The keys to the deal lies with the DUP, which provides critical support to Johnson’s government. On Thursday, in a historic development, at the very last minute, Britain has managed to clinch a Brexit deal with the EU. However, British… Read More ›
Yesterday, Northern Ireland’s Democratic Unionist Party stated it is not in a position to support the Brexit deal being proposed by British Prime Minister Boris Johnson and the European Union. On Thursday, French junior foreign affairs minister Jean-Baptiste Lemoyne disclosed,… Read More ›
Romania has also initiated talks to lobby for the investment. Turkey’s military offensive in Syria is taking a toll on its economy: Bulgaria said, it is ready to offer more incentives to Volkswagen for it to build a new plant… Read More ›
The deal is worth nearly $1.3 billion at list prices. According to two industry sources, Airbus has sold ten A321neo aircraft to Sky Airline, a Chilean budget carrier. The scope of the deal was included in a monthly Airbus order… Read More ›
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