Until Theresa May agrees to settle Britain’s financial commitments to the bloc, European Union officials are ruling out any discussions with U.K. Prime Minister Theresa May over a post-Brexit trade deal. In the best-case scenario it may take until early… Read More ›
Nearly $11 billion combined in cash and marketable securities, such as bonds and other short-term investments are lying with Thailand’s PTT Exploration & Production Pcl and its parent company. And according to Chief Executive Officer Somporn Vongvuthipornchai, in order to rescue… Read More ›
As China uses its considerable soft power to push its neighbors when it feels national interests are threatened, geopolitical tensions in East Asia have escalated in the last year. And according to analysts, to turn their fortunes around, now those countries… Read More ›
As the world’s largest oil exporter looks to cement ties with the world’s second-largest economy, Saudi Arabia’s King Salman oversaw the signing of deals worth potentially $65 billion on the first day of a visit to Beijing. Embarked on a… Read More ›
Major tech companies have skipped putting their names on the brief that is posing as a challenge to Donald Trump’s travel ban. Facebook, Apple and Alphabet Inc’s Google along with 60 other technology companies appeared to have backed away from… Read More ›
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 ›
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