For competition abuses related to its shopping business, Google has been hit with a record 2.4 billion euro ($2.7 billion) fine. On the basis that Google manipulated its market dominance to the disadvantage of smaller competitors and European consumers, the… Read More ›
According to Eswar Prasad, the former head of the IMF’s China division, by going after big companies, China is sending a “remarkably strong signal” about stemming capital outflows. “I think there is a concern here that corporate outflows, among other types… Read More ›
As investors reacted with enthusiasm to confirmation that the Italian government would ride to the rescue of two flailing regional banks, Italy’s banking stocks led European equity markets higher at the start of the week. However, the liberal interpretation of… Read More ›
As a rollout of the Goods and Service Tax (GST) on July 1 encourages more Indian companies to list their shares, Asia’s oldest stock exchange BSE is aiming for one thousand new listings over the next four to five years, said the… Read More ›
Political and economic uncertainties arising out of Brexit and May’s surprise snap elections are significantly contributing to falling sales for retailers in the UK. Britain’s inconclusive general elections along with its upcoming exit from the European Union has many hedge… Read More ›
With respect to Europe’s three existing programs: Eurofighter, France’s Rafale and Sweden’s Gripen, and one that will shape the future of the European fighter industry, Europe is embarking on an expensive and politically charged effort to develop a new combat… Read More ›
America trails many other developed countries when it comes to health, environmental protection, and fighting discrimination, even though it leads the world when it comes to access to higher education. This was revealed in a report published by the Social Progress Imperative, a… Read More ›
The move will see RBS cut 443 jobs as it pushes to streamline its operations and bring it in the black. Edinburgh-based Royal Bank of Scotland disclosed that as part of a strategic restructuring of its operations, it plans on… Read More ›
A survey has shown that following a sudden slowing in the pace of expansion by services firms, roaring euro zone business growth tailed off unexpectedly toward the end of the first half of 2017. But pressure will likely be maintained… Read More ›
The world-famous brew of Darjeeling tea could soon be in short supply. Dealing a blow to brands dependent on the area’s prestigious teaplant, in India’s famed Himalayan town, political chaos has forced the closure of tea plantations and estates. Amid ethnic strife… Read More ›
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