The lack of clarity as to what Britain seeks from its historic vote and the significant implications vis-à-vis it’s much vaunted financial sector, its largest export, is giving room for increased chaos and confusion. Many of Britain’s biggest banks are… Read More ›
Economy & Finance
Opposition Leader Claims Two Years of Economic Gains Lost Due to Far-Left Government
While the leader of the country’s main opposition party called for snap elections, he also said that the leftist Syriza government has set Greece’s economy back two years. “We are ready to win the election and we are ready to… Read More ›
Brexit Must be Fair for all, says Jaguar Land Rover, After Nissan Ultimatum
If Nissan gets a Brexit compensation deal then other automakers would need a level playing field, Britain’s biggest carmaker Jaguar Land Rover said that it will “realign its thinking” on investment after Britain’s vote to leave the EU. Signs that… Read More ›
Ferrari’s Sold-Out $2.1 Million Aperta Underpins Growth Push
Underscoring the marque’s allure even as the former unit of Fiat Chrysler Automobiles NV widens its line-up with more affordable models, Ferrari NV sold out a $2.1 million open-top version of its LaFerrari supercar before its public debut. Te Paris show… Read More ›
South Korean Economy Weigh Down by Hyundai’s Largest ever Labor Strike
While it is no stranger to worker strikes, but alarm bells are rising at Hyundai Motor, the world’s fifth-largest automaker, by the current episode—its biggest ever. Over demands for wage increases, a first nationwide, full-day walkout in 12 years on… Read More ›
Financial institutions and banks from Britain can now easily relocate to France
Existing banks and financial institutions in the EU, can easily relocate to France since their existing legal documents in English are now acceptable for registration in France. There is no need for translating them in French. With Brexit taking its… Read More ›
EU seeks to tighten the exports of dual use technologies and goods
Having identified loopholes in the current export norms the Commission is trying to plug them while tightening them even further so that they aren’t misused in the hands of extremists and rogue governments. So as to reign in human rights… Read More ›
Healthier Drinks Preferred Choice for Americans and Europeans Instead of Beer
Europe and US are providing a hard time to the drinks companies. So much so, that they are struggling to maintain beer sales in these two regions. The reason – consumers look to pour themselves a healthier option and abstain… Read More ›
Cisco unveils $4 billion expansion plan into Mexico
This fresh investment is likely to boost Cisco’s margins as input costs are lower in Mexico. The Mexican government has disclosed that U.S. networking giant, Cisco Systems, plans on investing $4 billion in Mexico over the period of 2 years… Read More ›
Public Sector Bonuses and Ministers’ Pay are Cut by Saudi Arabia
In one of the most drastic measures yet by the energy-rich kingdom to save money at a time of low oil prices, Saudi Arabia will cut ministers’ salaries by 20 percent and scale back financial perks for public sector employees…. Read More ›