Calling on regulators to learn from Monday’s market turmoil, the world’s largest asset manager, asked that they be labeled differently from plain-vanilla ETFs such that investor can better associate risks pertaining to them. Following Monday’s steep decline in financial instruments… Read More ›
The move would have profound implications for Britain’s economy and could potentially trigger customs check at EU borders, including the one between Northern Ireland and the Republic of Ireland. The move is also likely to rid Britain from EU’s single… Read More ›
Booming air traffic has given rise to surge in profits across global air-carriers, however with their net margin being at just 4.7%, the scope for exuberance is limited. On Monday, Alexandre de Juniac, the Chief Executive of International Air Transport… Read More ›
Electric vehicles, light commercial vehicles and trucks as well as sourcing supplies locally are the key components of Nissan’s strategy in China, the world’s biggest auto market. On Monday, with the aim of placing itself within the top 3 automakers… Read More ›
Rising worries among investors that the price of bitcoin was being manipulated in a major exchange and concerns about stricter regulatory frameworks resulted in investors losing confidence in the virtual currency and consequently more than $100 billion was struck off… Read More ›
A new red line was set for U.K> Prime Minister Theresa May and the negotiations with the European Union as well as within her own party by British Trade Secretary Liam Fox after he said after Britain leaves the EU,… Read More ›
More than 10.000 jobs at Xerox would be lost at its joint venture with Japan’s Fujifilm as the Japanese firm takes control of the photocopier company. The companies said that an agreement to merge operation of Xerox with that of… Read More ›
There are growing warnings about the UK continuing with its policy of shielding its overseas territories from getting transparent financially and it is amidst this environment that the United nations has been called on by the Tax Justice Network to… Read More ›
E-retailer Amazon is getting into the healthcare sector through a joint venture. The new firm, aimed to reduce costs for their U.S. employees, will be promoted jointly by Amazon, JP Morgan and Berkshire Hathaway. The firms said that the independent… Read More ›
In wheat would be the first international venture for Indian ride-sharing company Ola, the company is all slated to enter the Australian market. The company has plans to launch its services for t in the three large cities of the… Read More ›
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