European Securities and Markets Authority gives a preview of how British hedge funds and private credit assets could tap EU’s single market bloc after Brexit. Before Brexit negotiations begins, a British hedge fund group has laid out its wishlist, which… Read More ›
Russia is now using its other strong suit, energy, to expand its influence across the region after reinventing itself as a major power in the Middle East by force in Syria. Looking beyond Syria where they have backed opposing sides… Read More ›
As assets that long walked in lockstep are set to move to a different drum, BNP Paribas said last week that it’s time to buy actively managed funds, instead of index funds. Mirza Baig, head of foreign-exchange and rates strategy… Read More ›
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 ›
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