Although the manufacturing and the service sectors have been shaken as an outcome of the referendum, the fall of the sterling has boosted the value of Britain’s exports as well as boosting the cost of its imports. The coming cut… Read More ›
Economy & Finance
U.S. Military Aircraft Manufacturers Looking at Asia as the Growth Market
The United States may start notifying U.S. lawmakers as early as next as it is poised to sell $7 billion worth of Boeing Co fighter jets to Qatar and Kuwait after years of delays. The Reuters reported this citing information… Read More ›
Oil freeze deal involving Iran is possible: Putin
After the lifting of the sanctions, Iran is bolstering its oil production levels, which is putting even more stress in the already overflowing global oil pool. Putin’s statement essentially underscrores the fact that since Iran is starting from a low… Read More ›
Focusing on Firms Closer to Home could be the Strategy of EU after Apple
After handing Apple a breathtaking demand for 13 billion euros, officials and experts said that multinational companies can expect the European Commission to press on with a crack down on sweetheart tax deals. But after a string of investigations of… Read More ›
Deeper Cuts to Business to be Examined by Deutsche Bank Managers
Deutsche Bank is grappling with sliding revenue and negative interest rates and therefore the bank’s top executives will this weekend consider speeding up cuts at Germany’s biggest lender, reported Reuters citing sources with close knowledge of the issue. In August,… Read More ›
Talks of an ‘Ir-exit’ Sparked by Apple’s EU Tax Ruling
Concerns have been raised about whether Ireland might be heading for an exit from the European Union amid the controversy following the EU’s ruling on Apple’s tax affairs. Some experts and analysts accused that the fine on Apple is impeding on… Read More ›
Research says Coffee Production would be Hit Hard by Climate Change
A new research report states that the quality, price and production of coffee would be dramatically impacted by climate change. According to the Sydney, Australia-based The Climate Institute, areas where coffee can be grown would be impacted to the tune… Read More ›
Record Highs Hit by Investments in European ETFs
A new research from ETFGI, an independent research firm has some good news at last for post Brexit UK. At the end of July 2016, investments in exchange traded funds and exchange traded products saw a rise and reached a… Read More ›
Billions of Euros In Back Taxes Could Hit Apple After Brussels Ruling
As the European Commission finally decides on tax arrangements between the company and the Dublin government this week, Apple and Ireland is expected to face the ire of the body. Apple could be made liable for billions of euros in… Read More ›
Mylan’s Generic EpiPen to be Available at Half the Price of Original
As a second step in less than a week to counter the backlash over the product’s steep price, the first generic version of its allergy auto-injector EpiPen for $300, half the price of the branded product, Mylan NV said. In… Read More ›
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