China may emerge as the victor as a public and bellicose battle with the Mexican government is waged by President Donald Trump. As Trump presses Mexican President Enrique Peña Nieto to finance construction of a border wall and threatens to renegotiate the North… Read More ›
Economy & Finance
May Warned of Fights Ahead as Brexit Law Passes First Test
After they grudgingly backed her plan to trigger Brexit negotiations by the end of March in its first test in Parliament, U.K. Prime Minister Theresa May faces a battle with pro-European lawmakers in her Conservative Party. To allow May to… Read More ›
Samsung considering building a home appliances manufacturing plant in the U.S.
Although the Trump Administration has not specifically targeted any South Korean company, many have preemptively announced potential investment plans to ward-off criticism. Potential investments plans could however sour stemming from risks from the Trump administration’s trade policies. According to a… Read More ›
Theresa May clears first legislative hurdle with her Brexit plans intact
With a clear majority, this first step was expected to be smooth sailing. In the next, she will have to move more deftly so as to not expose her Brexit strategy before negotiations begin. In a significant first step that… Read More ›
Unfair Standards Keep its Credit Rating Below China’s, says India
Asking why Asia’s third-largest economy has been denied an upgrade even as growth and fundamentals improve, India questioned the methodology used by global rating agencies. “Rating agencies have inconsistent standards,” Arvind Subramanian, chief economic adviser at the Finance Ministry, told reporters in New… Read More ›
Trump’s protectionism is an opportunity for Germany
In an increasingly connected world closing borders and trade routes is essentially self-defeating. German officials have suggested to their government that this is a classic watershed moment to invest in deepening the country’s trade ties with Asia and South America…. Read More ›
Defense industry flourishing under Donald Trump
Despite Donald Trump’s posturing, the U.S. defence industry under Donald Trump is set to reach new heights. Shares of American defence companies have largely shrugged off President Donald Trump’s criticism over high costs, which incidentally are set to reach new… Read More ›
For Companies Relocating due to Brexit, Germany is the Top Destination: EY
According to the latest EY study, following Britain’s decision to leave the European Union, Germany has been identified as the top destination by global investors with operations in the U.K. looking to relocate. Companies planning to change or relocate some… Read More ›
As Disposals Accelerate, Shell Sells $4.7 Billion of Fields
Royal Dutch Shell Plc accelerated its drive to shed assets on Tuesday by agreeing to the sale of fields in the North Sea and Thailand for as much as $4.7 billion as it looks to pare debt swollen by last… Read More ›
May’s Brexit timeline expected to be largely on schedule
Theresa May’s majority in parliament could see her plans sail through without being materially affected. The British Prime Minister Theresa May’s plan on sticking to her scheduled withdrawal from the European Union is likely to survive intense parliamentary scrutiny, starting… Read More ›