Any pending supervisory concerns for the London-based banks relocation relocating to the Euro Zone will be addressed in the coming weeks. In a statement that essentially amounts to a call for action, European Central Bank supervisory chief Anrea Enria stated,… Read More ›
The head of the European Commission, Jean-Claude Juncker, stated, he had a deal with U.S. President Donald Trump which ensures that Washington will not impose tariffs on EU car exports to the U.S. for the time being. In a clear… Read More ›
In the event the EU does not pay up, Brazil is likely to impose additional tariffs on hike up existing ones, including the one on powdered milk. Following the imposition of import tariffs by the European Union on Brazil, the… Read More ›
Following the exit of the United Kingdom from the European Union, there would potentially be an increase in the price of its cars in Britain, warned Porsche. A clause that where in a buyer agrees to a potential tariff is… Read More ›
French shipbuilder Naval Group has presented its first Scorpene-class submarine to the Brazilian navy, with another 4 expected to be delivered in coming years. The French engineering firm sees itself as a sovereignty provider for Brazil and is keen to… Read More ›
Qatar aspires to be a regional hub for sporting events in the run-up to the 2022 soccer World Cup. As per a senior Qatari official, the Gulf state is aiming to attract more sports companies to the Gulf state and… Read More ›
The move is part of a larger effort aimed at weaning off the Kingdom from its oil-dependent economy and boost local manufacturing. As part of an effort to boost domestic industry and manufacturing capabilities, Saudi Arabia signed a preliminary agreement… Read More ›
Apart from these deals, the UAE has also signed military deals worth 1.1 billion UAE dirham with local companies. In a statement, the United Arab Emirates (UAE) disclosed, it had signed military deals worth $1.1 billion (3.87 billion UAE dirhams)… Read More ›
With just 40 days to go before Brexit, businesses are making sure they have sufficient cash reserves and inventories in case of a cliff-hanger Brexit. With just 40 days to go before the scheduled kickoff of the United Kingdom from… Read More ›
China’s banking and insurance regulator has approved the bid by Industrial and Commercial Bank of China (ICBC). More banks have also submitted their applications for establishing such subsidiaries. China’s biggest-listed lender by assets, the Industrial and Commercial Bank of China… Read More ›
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