The deal places the American fashion in a better position in Europe. On Wednesday, Donatella Versace, the creative director of the fashion house stated the deal with Michael Kors would create more jobs in Italy. “In the last year Versace… Read More ›
Speculation is rife on Deutsche’s potential merger with either UBS or Commerzbank. Deutsche’s CEO Christian Sewing has however dampened speculation of any potential merger for at least the next 3 years. On Wednesday, German business daily Handelsblatt reported citing sources… Read More ›
The ECB’s simulation shows the U.S. will have bear the full brunt of the trade war, if Trump were to engage in it with more than a one country. In March Trump had said, trade wars were “… an easy… Read More ›
One of the more significant reasons why Trump’s tariffs will not translate into more U.S. jobs is that consumers are not willing to pay a premium for ‘Made in USA’ goods when goods of the same quality is available for… Read More ›
Luxury car maker Porsche will phase out production of diesel vehicles. The company said in a statement recently that it will no longer make diesel powered vehicles but will get completely focused on the development and manufacturing of vehicles running… Read More ›
The UK government has warned that there can be disruption to air travel from UK to other European countries because if there is a no-deal Brexit. This was revealed in the latest set of documents that lists how key industries… Read More ›
The move sees Standard Chartered joining its peers who have ended their support for the dirtiest of the fossil fuels midst rising concern on climate change. On Tuesday, in a step aimed at reducing funding for dirty industries, Standard Chartered… Read More ›
A new king is set to emerge in the global gold industry. The largest mining company for gold is set to be created after the announced purchase of Randgold by rival miner Canada’s Barrick Gold, the two companies have announced on Monday…. Read More ›
American scientists have managed to find out five distinct groups of DNA sites with the help of genomic data. The identified DNA sites are believed to be the root cause of distinct forms of type 2 diabetes. This discovery would… Read More ›
Britain’s Brexit negotiations promises to reach charismatic climax typically seen in the Mission Impossible series of movies. BBC’s political editor, Laura Kuenssberg’s tweet states, the Labour Party wants all options on the table. Apart from the obvious political impact, the… Read More ›
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