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 ›
Economy & Finance
Survey by Chartered Institute of Personnel Development shows business sentiment wallowing at its 4 year low
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 ›
Trump win lifts the USD to its 9-month high
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 ›
Transitional deal is key before the starting of Brexit talks – RBS Chairman
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 ›
EU says after Trump Win, U.S. Trade Talks in Deep Freeze
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 ›
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 ›
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