The head chief executive of Germany’s biggest lender believes that for European banks to be able to compete with the world’s most valuable financial institutions, there is desperate need of fully formed banking union. “We have to accelerate the banking… Read More ›
One of the ways out of this pickle is to reform the World Trade Organization, opined French finance minister Bruno Le Maire. On Friday, French Finance Minister Bruno Le Maire stated, the world is facing a cold war over trade…. Read More ›
Rolls Royce is focusing its efforts to continue doing business irrespective of the manner Britain departs the EU. On Friday, Britain’s airplane engine maker Rolls-Royce stated, it was continuing with its contingency plans vis-a-vis Brexit. The development comes midst growing… Read More ›
With 4 lawmakers resigning from British Prime Theresa May’s government, the draft Brexit-deal is in peril. On Friday, French Transport Minister, Elisabeth Borne stated, France is preparing various measures, including those dealing with customs checks and controls at ports, in… Read More ›
The stalemate between Italy and the European Commission entered a new phase of conflict over Italy’s proposed budget for next year after the populist coalition government of Italy openly defied the European Commission’s directive to make changes o t a… Read More ›
Natural disasters and a drop in exports resulted in a contraction of the Japanese economy more than was expected by the markets. Analysts said that this was a clear indication that the economy was being affected by trade protectionism and… Read More ›
In 2017, China passed the National Intelligence Law which places a duty on all its citizens to act as “intelligence organs” of the state security and support the national intelligence network. In a development that underscores growing concerns among German… Read More ›
Following the resignation of Britain’s Brexit minister Dominic Raab, the forex, derivatives and money markets are seeing a bloodbath. Following the resignation of Britain’s Brexit minister Dominic Raab in protest of Prime Minister’s draft Brexit deal, the pound nose dived… Read More ›
According to the findings of a study by the Bertelsmann foundation published recently, a slowdown the growth of wages in Germany is being caused by the large companies that dominate the market. The increasing concentration of the large companies in… Read More ›
US based IT giant, the darling of Wall Street and the first company in the history of business to reach the $1 trillion market value – Apple Inc., stunned Wall Street and investors alike after it issued a raft of… Read More ›
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