A renewed interest in bitcoin among India’s consumers has been sparked by Indian Prime Minister Narendra Modi’s decision to withdraw 500 and 1000 rupee notes from circulation. According to The Hindustan Times, sales volumes for bitcoin increased on several exchanges… Read More ›
Since 22 years, under NAFTA, the auto industry and their suppliers have worked as if there were no borders between Canada, U.S. and Mexico. If Donald Trump revisits the agreement and if Canadian manufacturers and exporters prioritize the U.S. over… Read More ›
A market recovery in the shipping sector was signaled as the Baltic Dry Index (BDI) reached its highest level since August 2015. The Baltic Dry Index (BDI) is an indicator of the shipping costs for bulk commodities. With overcapacity bringing… Read More ›
Exxon has appealed against the ruling and is in the process of negotiating an exit package. Bloomberg has reported citing a lawyer for Exxon stating that the company is in negotiations with Chad over a record $74 billion fine imposed… Read More ›
Buoyed by rising optimism that OPEC will agree later this month to cut production to reduce a supply glut, oil prices rose around 2 percent on Tuesday and they bounced back from multi-month lows. After hitting a three-month low of… Read More ›
Gold could be helped in gaining price as there us expectations that inflation in the U.S. would rise due to President-elect Donald Trump’s plan to spend on big projects, said a fund manager on Tuesday. The prices of metals have already… Read More ›
While the contents of the memo have been leaked showing a government at odds with itself vis-à-vis Brexit, it would be prudent to be on guard, since this could be part of an overall strategy to make EU negotiators feel… Read More ›
A tough negotiating stance by the Theresa May’s government will only up the risks of a hard Brexit. If the free-movement of labour, a key concept of the EU, is disagreed upon, business sentiments will dip even further, signalling a hard… Read More ›
With Donald Trump in the U.S., Britain could cozy up to the U.S. once it triggers Brexit negotiations. Following the surprising win of Donald Trump, the USD has climbed to its 9 month high against a basket of major currencies…. Read More ›
Although Britain’s negotiation strategy could revolve around its coveted financial centre, that however could fall flat and be a non-starter if large banks, which form the core of its financial services, were to relocate to other EU states in order… Read More ›
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