Before actual negotiations kick-in, the key players are venting their expectations so as to position themselves better once the bargaining starts. According to the president of the Mexican auto manufacturer’s association, automakers from across the United States, Mexico and Canada… Read More ›
Economy & Finance
The Trump Administration has started ‘extreme vetting’ vetting at Australia’s detention centers
Trump had labeled the deal as “dumb”. As per two sources located at Australia’s offshore detention centers, officials from the U.S. Homeland Security have begun “extreme vetting” interviews in Australia. Trump had termed Washington’s refugee swap deal with Australia as… Read More ›
Britain suspends election campaigning in the wake of terror attacks
Ariana Grande’s concert venue was the target of a terror attack in Manchester. Political parties in Britain have agreed to suspend election campaigning, until further notice, in the wake of a terrorist attack in Manchester, at a concert by U.S… Read More ›
Analysts Say The Biggest Political Risk In Europe Is Italy
Italy now presents the biggest political risk for markets and investors with several elections already out of the way in Europe, an investment analyst said very recently. According to Nandini Ramakrishnan, global market analyst at JPMorgan Asset Management, this is… Read More ›
Import Duties On Sugar Slapped By China Even As Experts Question Impact
After lobbying by domestic mills, China said on Monday it will impose hefty penalties on sugar imports. But to stem the flow of lower-priced sweetener into the world’s top importer, the ruling may not go far enough, experts said. An… Read More ›
Ledger Holdings raises $11.4 million in new funding round
The funding round was led by China’s Huiyin Blockchain Venture Investments and Miami International Holdings Inc.
Royal Bank of Scotland reaching out to investors to settle deal
Last minutes negotiations are on. Two sources familiar with the matter at hand have disclosed that the Royal Bank of Scotland has tried to reach for a last minute settlement with a group of investors who had alleged that it… Read More ›
Titanic Relics Sail Toward Auction Block From Deep in the Atlantic
The wreckage from Titanic could fetch close to $220 million at an auction this year even though the doomed ship may be under 2.5 miles of water. In a May 18 filing in U.S. Bankruptcy Court in Jacksonville, Florida, Premier… Read More ›
Asia Assets May Shine Yet Brighter Due To Political Turmoil Abroad
As the latest political convulsions in Washington hurt appetite for riskier assets globally, some were quick to put in sell orders on Asian stocks this week. And all of a sudden, emerging markets don’t sound so appealing any more is… Read More ›
Investors getting increasingly trepid on ‘Trump Trade’
The firing of the former FBI Director, James Comey, by U.S. President Donald Trump, has unleashed a wave that is threatening to drown the Trump’s presidency. The resulting economic uncertainties is what the market is worried about. With U.S. President… Read More ›