The European Union said on Friday that they do not expect the EU/U.S. trade talks to resume for some time and are of the opinion that Donald Trump’s election to the White House has consigned EU/U.S. trade talks to the… Read More ›
Economy & Finance
European Stocks Lose More Ground due to Perceived Trump-Trade Reversal
Equities were sent lower as winners and losers among European stocks swapped places in the immediate aftermath of Donald Trump’s election victory. Riding on bets the moves went too far, industry groups that rallied as Trump defeated Hillary Clinton lost… Read More ›
Saudi Stocks Enter Bull Market as Banks’ Cash Squeeze Abates
As investors bet that the Saudi government’s belated payments to contractors would help spur more gains, the Saudi Arabian stocks entered the bull market and extended their winning streak to six days. Taking its rally this week to 7.7 percent,… Read More ›
In the Aftermath of U.S. Election, Pound Emerges a Surprise Winner
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 ›
Hyperloop One to have another funding round in early 2017
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 ›
Asian Countries Face Potential Threats by Trump’s Win
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 ›
Frankfurt move over Brexit being Considred by Goldman Sachs: Report
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 ›
Labour laws could tilt towards pro-business under Trump
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 considering shifting its base of operations from London to Frankfurt – Sources
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 ›
As Cash Flow Cues Recovery, Big Oil Looks Past Profit Crunch
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 ›
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