A second fund will be used for funding startup ventures in Southeast Asia by 500 Startups, the venture firm that successfully backed ride-hailing startup Grab. Managing Partner Khailee Ng plans to invest in 200 seed-stage companies through the $50 million Durian… Read More ›
The process of the sale of as much as 15.7 billion pounds ($20 billion) of Bradford & Bingley mortgages which paused in the wake of the Brexit vote is being restarted by the British government. According to three people with… Read More ›
With Iran no more shackled by U.S. led economic sanctions, Germany has taken the lead, given its historic ties with Iran, in restoring normality between the two nations and boosting trade ties. With Sigmar Gabriel’s, Germany’s Economic Minister, paying a… Read More ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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