Reduced regulatory hurdles could spur more growth in the M&A scene in the EU. On Monday, CEB’s Francois Villeroy de Galhau, who is also the Governor of the Bank of France, stated, it is of prime importance that regulatory hurdles… Read More ›
Economy & Finance
EU aims to end trade dispute with U.S.
The U.S. tariffs, that are currently exempted, on EU’s exports of aluminum and steel to the U.S., are set to end on June 1. On Monday, Peter Altmaier, Germany’s Economy Minister disclosed Germany aims to end a trade dispute between… Read More ›
Agreement To Many Eurozone Banks Less Risky Reached By EU Finance Ministers
A consensus has bene reached between EU finance ministers to make bank regulations stricter which essentially meets a crucial German condition that was given to allow for any larger agreement on reforms in the eurozone. Berlina and other northern eurozone… Read More ›
Russia hints that it will gradually boost its oil production from June 2018
OPEC and Russia have been withholding their respective crude oil production levels while oil producers from the U.S., Canada and Brazil have been boosting theirs. As a result of the production cuts, oil prices touched their multi-year high of $80.50… Read More ›
Plunge In Market Saw $200 Million In A Single Day For Goldman Sachs
Its boom-time for at least one trading desk at the Wall Street. According to media reports citing people with knowledge of the matter, on a day in February when the serenity of the stock market was suddenly shattered by an… Read More ›
Customs data shed light on Chinese imports of U.S. products in April 2018
China’s anti-dumping duties on U.S. products appear to be an attempt at misdirection. Data from the U.S. General Administration of Customs lifts the fog of perception and diplomatic posturing. Data from the General Administration of Customs have revealed that China’s… Read More ›
Foxconn Industrial Internet’s IPO to launch in China on May 24, 2018
A Foxconn subsidiary, Foxconn Industrial Internet is its parent vehicle to raise sufficient funds to enable Foxconn to wean itself off from manufacturing devices for Apple Inc and instead align itself towards Made in China 2025 policy by entering into… Read More ›
Trump proposes heavy fine and management change at ZTE rather than impose sanctions on it
With U.S. lawmakers crystallizing their stance on ZTE, which they describe as a “serial and pre-meditated violators” of U.S. law, and given the national security implications surrounding the case, it would be interesting to see the results of the U.S…. Read More ›
Biggest Growth Threat Is Economic Nationalization, Say Global Business Leaders
The greatest treat to the business growth is the rise of economic nationalism as initiated by Brexit, Donald Trump and some populist policies, say business leaders around the world. This was concluded in a study conducted by accountancy firm KPMG… Read More ›
Trump’s Trade Push Gets Big Early Win As Import Tariffs On Auto Reduced By China
Reduction in import tariffs on automobiles was announced by China on Tuesday. The decision of the authorities of the largest car market in the world is being viewed as a measure to placate U.S. president Donald Trump in his efforts… Read More ›