While some smaller firms may abandon their operations on the continent altogether as profitability plunges, banks may need to find $30 billion to $50 billion of additional capital to support new European units in the aftermath of a hard Brexit,… Read More ›
While most companies acknowledge that this theirs is a long term game, in Europe however former oil companies are embracing change and are harvesting key technological experience and expertise in this maturing market. In a significant development that could potentially… Read More ›
One of the sticky points holding back the negotiations is the location of the combined company. While Worldpay is pushing London as the location for the HQ, the terms of Brexit are likely to play a key role in deciding… Read More ›
The political rumble and the lack of clarity in the future course of the U.S. healthcare system is unnerving insurers. Having repeatedly urged Republican senators to try and undo his predecessor’s healthcare law, in a tactical shift U.S. President Donald… Read More ›
A nationwide vote set for Sunday could send Venezuela over the edge even as the country is already having a major meltdown, believes a top commodities strategist. As a state if President Nicolas Maduro moves forward with the vote to form… Read More ›
According to research published Thursday, luring men working in industries strategically important to Tehran’s regional adversaries, hackers believed to be working for the Iranian government have impersonated a young female photographer on social media for more than a year. Researchers… Read More ›
Banks in one of the world’s financial capitals are seeing a bright spot emerge – a booming property market, after battling stresses from a floundering oil and gas sector over the past year. Recent data indicated that demand for loans… Read More ›
Volkswagen AG will be spending $2 billion, across 10 years, to advance the development of electric vehicles in the country, as part of its settlement plans. The California Air Resources Board has unanimously voted to approve the 30 month plan… Read More ›
As corporate executives caught in a waiting game for their shiny new planes, there are new challenges for the business jet market just when it looked like the market was ready for a take off. It’s been taking longer to… Read More ›
The deal brings a finality to the issue related to the spin-off of RBS’ banking division that has been dogging it since years. The European Commission has concurred with a British government plan that frees the Royal Bank of Scotland… Read More ›
