Scandinavia’s last mint will have closed by the end of this month. Denmark has decided to outsource the production of its coins to Finland following in the footsteps of Sweden and Norway. Printing of banknotes has already been stopped by… Read More ›
By swapping about $2.2 billion of its own shares for a stake in one of the emirate’s largest onshore oil concessions, BP Plc cemented its 77-year relationship with Abu Dhabi. The London-based company said in a statement that giving the… Read More ›
The United States’ loss is Europe’s gain.
On Tuesday the Scottish government will examine various proposals on how it can remain within the EU. These proposals could potentially deliver a body blow to the UK’s posturing of a united front. In the coming week, Scotland is set… Read More ›
Hoping to boost sales and speed up the industry’s shift to lower-emission vehicles, Toyota Motor Corp plans to open up its powertrain technology to rivals, and a period of long guarding about what was beneath the hood of its pioneering… Read More ›
The relocation of the multi-billion-euro business to a city within the EU is likely to happen once Britain leaves the bloc. As per an official from the European Union, the bloc is considering legislative measures to relocate London’s euro-denominated clearing… Read More ›
Dubai is likely to rely on debt for a significant part of the financing as the city aims to spend $35.7 billion to develop its second airport and logistics hub in the south of the city. The media reported citing… Read More ›
As concerns and uncertainties still lurk in Europe, the Swiss National Bank’s monetary policy framework must remain “expansionary”, its chairman explained to the media on Thursday. “The situation in Europe remains more difficult and that’s exactly the reason why monetary policy… Read More ›
Although Britain has opted out of the EU, Theresa May has stated it will still continue to play a full part in discussions on matters related to the European Union. Her warning that it would take nearly a decade to… Read More ›
Although IPOs in the U.S. fell by more than a third in 2016, compared to 2015, the IPO scene is set to get a boost now that the uncertainty of the presidential elections is over. Fueled by a stronger economic… Read More ›
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