Cities across the European Union have become prime destinations for international banks in the wake of Britain deciding to leave the European Union. On Tuesday, Goldman Sachs stated it is looking to add 250 more staff to its roaster in… Read More ›
Economy & Finance
UAE’s private sector growth scales new heights
The country’s Purchasing Managers’ Index is slated to continue its trend through the fourth sector this year. As per the results of a survey of companies in the UAE in November, the growth of non-oil private sector in the country… Read More ›
Britain and EU negotiators agree to a deal on all Irish issues
This remarkable development, is likely to be read as a sign of progress in the ongoing Brexit negotiations, said to be the toughest and the most complicated the world has ever seen since WW2. In a development that underscores a… Read More ›
Leaving behind its 2015 diesel emission sandal, VW pushes for personal transport services
This strategic move marks Volkswagen’s push into transportation as a service. On Monday, in a strategic move, Volkswagen has unveiled an all-electric minibus which targets urban customers who prefer to pay for transportation rather than own their own vehicles. The… Read More ›
Eurozone’s second biggest economy record’s spectacular manufacturing growth
This record breaking level of manufacturing activity can be attributed to sound economic policies undertaken by French policymakers which are now acting as the foundation for this spectacular economic growth. On Friday, as per the results of a survey, French… Read More ›
Progress in Brexit negotiation increases the chances of a trade deal between Britain and EU
The outcome of a poll involving 68 economists on the probable impact of on-going Brexit negotiations, makes an interesting read. With Brexit negotiations showing signs of progress, it is likely that they will probably end in a free trade deal,… Read More ›
Casino resorts are likely to attract big money in Japan
The global gambling industry’s focus is now on Japan where its potential is skyhigh. Among the forerunning in the race to win gambling licenses are U.S. operators MGM Resorts International and Las Vegas Sands Corp. Melco Resorts & Entertainment Ltd… Read More ›
Western Digital Corp to settle legal dispute surrounding its $18 billion sale of its flash memory unit to a Bain Capital led consortium
While this will bring much needed closure to the case, Toshiba can now allocate more resources to its other disputes including the potential delisting of its stock from the Tokyo Exchange. According to a Bloomberg report, Western Digital Corp and… Read More ›
Gradual Growth In Rate Hike Reiterated By US Fed Chair Yellen
The US Federal Reserve expects that there would be continued strength in the country’s economy and job market and this has led Fed Chair Janet Yellen to conclude that the this is the appropriate time for the US central bank… Read More ›
Sanofi Says Only Those People Earlier Infected By The Dengue Virus Can Be Helped By Its Vaccine
The ambitions of the dengue vaccine from Sanofi was brought a notch down after the company declared that the vaccine would only effective for those people who had earlier been infected by the disease. This has further dented the high… Read More ›
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