The pound is an unexpected beneficiary due to investors’ concern about political shifts outside Britain. Since last Friday, Sterling has climbed against all of its 31 major peers. Global markets were thrown into turmoil as traders reappraised populist movements and… Read More ›
According to a feasibility study, if Hyperloop One were to connect Stockholm with Helsinki, the trip would take roughly 30 minutes. Using current transport systems you will have to take a ferry overnight through the Baltic. Hyperloop One’s founders have… Read More ›
Not just for Chinese growth, but the entire Asia region, Donald Trump’s election as U.S. president poses significant new risks for the Chinese economy just when China’s economy seemed to be stabilizing, The reason: the president-elect campaigned on a policy… Read More ›
As Goldman Sachs tries to secure access to the European Union market when Britain leaves the bloc, it is considering shifting some of its assets and operations from London to Frankfurt, reported CNBC quoting three people familiar with the matter…. Read More ›
Trump sailed through smoothly even in heavily unionized states such as Michigan, which is home to United Auto Workers (UAW). With the Republicans controlling both houses of the Congress as well as the Presidency, it wouldn’t be surprising if they… Read More ›
Goldman Sachs is carefully weighing its options vis-a-vis Brexit. Once Brexit negotiations begin there could be more clarity on the terms of the divorce which in turn could allow it to take a meaningful decision. As per 3 independent sources,… Read More ›
The answer to the question “what’s the difference between income and cash flow?” to any oil-company accountant and they’re likely to say income makes the headlines, cash pays the bills. There’s a nub of truth there even though it may… Read More ›
New York’s financial community watched in stunned dismay on Wednesday as Republican Donald Trump clinched the White House, from plush penthouse apartments on the Upper East Side to bars in midtown Manhattan, reports Reuters. As donors and supporters of Hillary… Read More ›
Trump’s win has a silver lining: If he were to follow through with his economic proposals vis-a-vis trade and immigration, they could fuel inflation and boost wages, something that the Federal Reserve has been struggling with for the last couple… Read More ›
After a currency crisis in the country this year slowed the industry and in a sign that developers are slowly moving forward with clean-energy projects, Egypt has agreed to buy about 400 megawatts of solar capacity. According to Mohamed Salah… Read More ›
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