As technology giant Apple tries to battle a weaker pound, the company has quietly pushed up the price of existing products in the United Kingdom. Apple has been cost more on any products sold in Britain due to the fact… Read More ›
Economy & Finance
After May Pledges Brexit Support, Nissan Opts to Build New Model in UK
U.K. Prime Minister Theresa May was given her most important corporate endorsement since the Brexit referendum in June after Japanese car-maker Nissan announced that it will build its new Qashqai model in Britain despite the vote to quit the EU. A source,… Read More ›
Good News for Arms Dealers – Indian Army 185,000 Deadly Assault Rifles
Providing a potential boost to global arms suppliers, India’s armed forces have embarked on a shopping spree for modern assault rifles, body armor and helmets. Scouting for a new model on the global market for 185,000 assault rifles, the 1.3 million-strong… Read More ›
EU-Canada deal postponed until further notice
Although 27 EU states agreed on CETA, the South of Belgium had concerns related to agricultural imports which could result in MNCs dictating terms of public policy as well as those related to dispute settlements. Belgian politicians appear to be… Read More ›
London Lures Shoppers with Cheap Luxury Goods, Even as the Bargain not Expected to Last for Long
Driven by a combination of its core characteristics and short-term boosts related to the U.K.’s vote to leave the European Union, the lure of London for luxury shoppers has tightened its pull in recent months. According to a report released… Read More ›
Spanish rival joins Carlos Slim’s consortium to bid for $3.5billion Mexico airport terminal
Slim has already won the bid for building the airport’s runway. The wining of a further bid will consolidate his construction business and set off the losses from his telecom venture. As per 5 sources familiar with the matter at… Read More ›
Canada needs free trade deal with EU for its economic growth
With its trade deal with the U.S. under stress, the Canadian negotiation team need to up their game and bring home CETA for the good of their economy. A free trade deal with the EU will see an almost 20%… Read More ›
Fossil Fuel Beaten for First Time by Record Green Power Installations
With record new installations of emissions-free power surpassing sources that burn fossil fuel, renewable energy reached an important turning point last year. This was revealed by the International Energy Agency. The Paris-based agency said in its Medium-Term Renewable Energy Market… Read More ›
Report says if EU Blocks Trade Deal in Brexit, UK could Slash Corporation Tax to 10 Percent
If the European Union refuses to agree a post-Brexit free trade deal or blocks U.K.-based financial services firms from accessing its market, the Sunday Times said citing an unidentified source that Britain could slash its headline corporation tax rate to 10 percent… Read More ›
Warning Over Brexit Banking Exodus Received by UK Government
Large banks with a presence in the U.K. feel that in the wake of the uncertainty surrounding the Brexit vote, the country’s government is not fully receptive to the financial services sector, reported CNBC citing an industry source with knowledge of… Read More ›
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