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 ›
Economy & Finance
Hedge funds take aim at Brexit-hit retailers
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 ›
In The Process Of Development Of New Fighter Jet, Europe Faces Herculean Challenge
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 ›
A ‘Second Tier’ Country Now Is America, Says A Recent Report
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 ›
Royal Bank of Scotland in the midst of a strategic downsizing
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 ›
Second Quarter Ends With Slower Growth For Euro Zone Businesses: PMIs
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 ›
India’s Famed Tea Nearing Short Supply – A Storm In Darjeeling’s Teacup
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 ›
While Pushing For Free Trade, EU Promises Tough Line On U.S. And China
While EU leaders agreed to consider screening investments by state-owned Chinese firms, Europe would react in kind if the United States did not play fair in trade, German Chancellor Angela Merkel warned U.S. President Donald Trump on Friday. The European… Read More ›
Largest IPO On Gas Field Sale To Be Issued At Tel Aviv Exchange
With the sale of part of the Tamar natural gas field by Delek Drilling, the Tel Aviv Stock Exchange, TASE, is about to see its largest IPO ever. An offering of about $1.2 billion in stocks and bonds to finance… Read More ›
As 2017 Unfolds A Bit Differently, Citi Private Bank Turns Bullish On Emerging Markets
A disruptive United States and growing political risks in Europe were among the most important of fears that the global markets started 2017 fearing. But Citi Private Bank said in its mid-year review that neither of those has turned out to be… Read More ›
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