Fintech startups have drawn investments from venture capitalist companies, mainly based out of the U.S., and despite the uncertainty surrounding Brexit negotiations, the inflow of funds has placed Britain third in the global race to attract venture capital funds. A… Read More ›
Economy & Finance
U.S. auto regulators set to relax emission standards for the U.S.
The move could further pad the pockets of big oil and big auto and end up hurting U.S. consumers. The U.S. Transportation Department has disclosed it may revise auto fuel efficiency standards from the 2021 model year. The move comes… Read More ›
Chlorinated Chicken Overshadows US-UK Trade Talks
Amid concerns over chlorinated chicken imports, even in the first day of talks between the U.S. and the U.K., hopes of securing a post-Brexit trade deal between the two have come under threat. While British campaigners insist that a proposed bilateral… Read More ›
BSI Says In Last Two Years, Half Of German Companies Hit By Sabotage, Spying
The German IT industry association Bitkom estimated that the attacks on German companies caused around 55 billion euros’ worth of damage a year and said that more than half the companies in Germany have been hit by spying, sabotage… Read More ›
London’s Alternative Investment Market (AIM) loosing investor’s money
Here is the result of a study on London’s AIM. An eye opener on Chinese investment in Britain. As per an accountancy firm specializing in London’s junior stock market, 14 companies have left London’s Alternative Investment Market (AIM) from January… Read More ›
British government pushes to rejuvenate through green technological policy
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 ›
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 ›