As Britain prepares to leave the EU, May’s government is pushing for a greener, cleaner industrial policy. On Monday, as part of the British government industrial strategy to boost growth, productivity and distribution of wealth, the country’s business minister is… Read More ›
Economy & Finance
Analysts Say That As Draghi Spurs Rally, Euro Could Hit $1.20 By Year End
According to analysts who say that it is set to ride a wave of improved euro zone data and weakening investor conviction in the U.S., the euro could be on track to hit $1.20 against the dollar before the year… Read More ›
Despite Bank Bonus Cap, Amsterdam Seeks Brexit Business
As Brexit drives them across the pond, even as a Dutch cap on bank bonuses keeps financial firms away, Amsterdam is seeking to lure companies and the European Medicines Agency. Including broadcasters and services firms, as they seek to lock in… Read More ›
Fintech Reluctant To Leave London For Paris Even Though Charmed By Macron
France’s dynamic new president will push its fastest growing fintech sector up the global rankings the sector is optimistic. But even if they have French roots, startups based in London do not yet seem ready to swap that key hub… Read More ›
The Cost Of North Korea’s Nukes Is Probably Less Than One U.S. Aircraft Carrier
In a program that would bring severe sanctions and eat up precious resources that could have been spent boosting the nation’s quality of life, North Korea committed to a huge investment when it decided to go nuclear. But its leader… Read More ›
S&P 500 index touches new high
Despite investor fears of the bursting of the bubble, analysts say, there are some real earnings which support the bull run in the tech sector. It has taken seventeen long years for the S&P 500 index to recover from… Read More ›
Former Credit Suisse banker pleads guilty in offshore tax case
The former banker has pleaded guilty in aiding U.S. citizens hide their assets in Switzerland, evading U.S. taxes. On Wednesday, a former banker from the Credit Suisse Group AG pleaded guilty to participating in a wide-ranging scheme that was designed… Read More ›
A Part Of Vancouver Mountain Is Being Bought By A Chinese Policy Instrument
Buying into a Canadian mountain is a Chinese company with gold-plated political connections. And it is Grouse Mountain, whose ski slopes famously look down on Vancouver. The sale of the ski operation by the Canadian McLaughlin family does include 500… Read More ›
$1.3 Billion Just Added To The Kitty Of One Of The Largest Telcos In Asia
Following the highly anticipated public listing of Netlink NBN Trust, which raised about 2.35 billion Singapore dollars ($1.72 billion), Southeast Asia’s largest telecommunications company may be on the hunt for acquisitions. The broadband arm of Singapore Telecommunications (Singtel), which said it took in… Read More ›
As Traders Eye A September ‘Taper’ Of Its Bond-Buying Program, ECB Expected To Hold Steady This Week
With many market watchers expecting the bank to announce in September plans to reduce its bond-buying program, the European Central Bank (ECB) is widely expected to hold interest rates steady. As a sign that the central bank could start “tapering” earlier than… Read More ›