With this potential violation of the U.S. constitution, Trump appears to be risking everything by choosing not to divest. As per two senators, U.S President Donald Trump is setting a unparalleled precedent by flirting with potential violations to the U.S…. Read More ›
Economy & Finance
Germany to help transform Saudi Arabia’s economy
Oil-exports-dependent Saudi Arabia is pushing to diversify its economy. With German Chancellor Angela Merkel’s visit to the country, Saudi Arabia has let it be known that it wants to partner German companies, including, Siemens and SAP, to further the kingdom’s… Read More ›
Peak Oil Demand Is A Misleading Theory, Says Saudi Aramco CEO
While countering theories that demand will peak within years with his own forecast that consumption will keep growing for decades, the boss of Saudi Arabia’s state oil company defended petroleum as the mainstay of the global economy. “The global economy… Read More ›
Trump Wants Payment For THAAD Missile Defense System From South Korea, Threatens To Terminate Free Trade Deal
He will either renegotiate or terminate a “horrible” trade deal with South Korea, said U.S. President Donald Trump, reported Reuters. Reuters also said that for the THAAD missile defense system, the president also said he wants South Korea to pay for the… Read More ›
A delegation of high level Foxconn executives visit the White House
Foxconn, the world’s largest contract manufacturer, has loads to talk to the White House. Here’s why … As per footage shown on Taiwanese television, top executives from Foxconn, including founder and chairman Terry Gou, visited the White House on Thursday…. Read More ›
Trump threatens to scrap KORUS, wants payment for THAAD
Trump’s comments have upset South Korea’s stock market which has plummeted despite brightening economic prospects. U.S. President Donald Trump has threatened he will either renegotiate or terminate on what he termed as a “horrible” free trade deal with South Korea,… Read More ›
James von Moltke appointed as Deutsche Bank’s new CFO
Coming from a distinguished lineage, James von Moltke’s appointment comes at a time when Germany’s prime lender is facing reputational challenges and a fledging securities trading business in the U.S. As per a source close to the matter at hand,… Read More ›
United Ireland will leave Britain to join the European Union
This is the position taken by legal experts and is accepted by the current British government led by Theresa May. According to diplomats attending a Brexit summit, the EU leaders should give a formal undertaking to ensure that the British… Read More ›
On Bets France Is Done Deal, Euro Goes From Dicey To Darling
The euro is suddenly everyone’s favorite even as it was perceived as the riskiest currency on the planet until Sunday’s French election. This shows what a difference a week can make. After the first round of the vote delivered all… Read More ›
Bidding Goodbye To Singapore’s Stock Market Are More And More Chinese Firms
Companies that came from China and were among mainland firms that contributed to the flurry of initial public offerings in the city state about a decade ago were among the n umber companies stood out for those common characteristics among departures from… Read More ›