To secure debt refinancing, shares in its memory chip unit to creditors as collateral I being offered by Japan’s crisis-racked Toshiba Corp, reported the news agency Reuters citing people briefed on the matter. A day earlier, the conglomerate said it… Read More ›
Support for an independent Scottish parliament is at a historic high. As per the results of a survey conducted by ScotCen’s Scottish Social Attitudes, support for Scotland’s independence from the United Kingdom is at its highest. However, as per Scottish… Read More ›
As unfolding political developments added to concerns over the outlook for the U.K., sterling is hovering around its second lowest level against the U.S. dollar since last June’s vote to leave the European Union (EU). Parliamentary approval to trigger Article… Read More ›
Scotland’s demand for an independence referendum is likely to face an uphill task since it could potentially undermine Britain’s negotiating position during Brexit talks with the EU. In a significant development, British Prime Minister Theresa May is preparing the grounds… Read More ›
Britain’s Brexit minister David Davis said on Sunday that in the unlikely event it has to walk away from divorce talks with the European Union without a deal the country is drawing up contingency plans to mitigate the issues that… Read More ›
In a record-breaking number that signaled to the world that Chinese business leaders were hot to haggle, China struck $225 billion in deals to acquire companies abroad last year. Now, China is telling some of its companies to cool it… Read More ›
Failing to provide a contingency plans would amount to a serious dereliction of duty.
Millennials in Asia are expected to carry mortgage debt into retirement or even run out of money as they face a substantial cash risk during their later years,, found a new study. While 90 percent said they expect to be… Read More ›
Presenting Silicon Valley with a potential dilemma on how to deal with the anti-secrecy group, Wikileaks founder Julian Assange said that it will provide technology companies with exclusive access to CIA hacking tools that it possesses so they can patch… Read More ›
For the Chinese, this is likely to be a strategic investment to get a foothold in the European financial sector. Two sources with knowledge of the matter have revealed that the Chinese conglomerate, the HNA Group, is seeking to increase… Read More ›
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