The likelihood of the Republican tax bill undergoing change is high since the House tax bill aims to not only cut taxes, which by itself is hard, but is also taking on provisions that are specific to certain industries, which… Read More ›
Economy & Finance
London’s direct rule over Northern Ireland fraught with significant risks
British Prime Minister Theresa May’s minority government, depends on Northern Ireland’s Democratic Unionist Party (DUP) to pass legislation in Parliament. In a significant development, for the first time in a decade, the British government is set to impose a budget… Read More ›
U.S. President Donald Trump expected to name Jerome Powell as the next chairman of the Federal Reserve
Here’s how Powel’s appointment could impact the U.S. economy as well as the strength of its currency. On Thursday, U.S. President Donald Trump is expected to nominate Jerome Powell, the Federal Reserve’s Governor as the next chairman of the U.S…. Read More ›
The rebuilding of Iraq is a an opportunity for builders and developers
The World Bank has approved a further $400 million for rebuilding areas captured from Daesh. In a development that is likely to be lucrative for builders and developers, a statement from the World Bank said it has approved $400 million… Read More ›
South Korea and China mend ties ahead of Trump’s visit to Asia
The detente in the relationship comes after China officially delinked the difficult conditions South Korean companies operating in China had to suffer since the spat with South Korea’s Blue House saying “China repeated this stance during discussions, saying difficulties faced… Read More ›
CenturyLink wins FCC approval for its $24 billion acquisition of Level 3 Communications Incs
This merger has set a precedence since with this deal, the FCC has outlined a new standard by which the agency will review future mergers. Telecommunications provider CenturyLink Inc has won regulatory approval for its $24 billion acquisition of Level… Read More ›
Britain’s budget surplus promise is unrealistic: Institute of Fiscal Studies
Here’s what the Institute of Fiscal Studies, leading think tank in Britain, has to say on Britain’s post Brexit finances. On Monday, a think tank stated, the noble aims of British finance minister Philip Hammond to have a budget surplus… Read More ›
Envoys from South Korea and China meet to discuss threats posed by North Korea
South Korea, China and Japan have high stakes if the North Korean threat goes north. The economic and humanitarian costs of a confrontation will be significant, especially for South Korea. Officials from South Korea’s foreign ministry are set to meet… Read More ›
We Still Don’t Know Three Crucial Things About the Aramco IPO
The initial public offering of oil giant Aramco is “on track” for 2018 – was the message that the financiers and corporate chieftains, gathered for Saudi Arabia’s ‘Davos in the Desert’ heard it from the crown prince down to all the… Read More ›
UBS CEO Likes Blockchain But Is ‘Not Necessarily’ A Believer In Cryptocurrencies
According to the chief executive of Swiss lender UBS, while the technology behind creation and the use of cryptocurrencies will be pivotal in transforming the financial services, the cryptocurrencies themselves still need to be “defined” to be universally acceptable. Sergio Ermotti,… Read More ›
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