Capital expenditures and the rate of hiring are set to slowdown in the wake of Britain choosing to leave the European Union. According to a survey done on Britain’s biggest companies, their future is beset by doubts over Britain choosing… Read More ›
With high unemployment in the Eurozone, especially EU countries must significantly boost their individual government spending which is likely to mitigate the risks of resentment towards the EU project. Mario Draghi, the European Central Bank’s President is likely to plead… Read More ›
Despite adding a redesigned roof deck might help draw potential buyers to the open house at his $1.5 million listing, real estate agent Jay Glazer near Manhattan’s Washington Square Park decided to add this line to the sale advertisement for… Read More ›
A clearer picture has emerged of what the negotiations between the European Union and the U.K. could look like and what a so-called could Brexit mean for the country after fresh new faces arrived at the nucleus of British politics…. Read More ›
In what is being described as the latest sign of faltering demand that has triggered the biggest build up of stockpiles at sea since 2009, oil traders increased the fleet of ships deployed in the North Sea to store crude…. Read More ›
China overcapacity is a reason for concern though. Despite being concerned over China’s overcapacity, according to a senior European Commission, the European Union will go ahead and grant China market economy status which will boost trade ties between the two…. Read More ›
Highlighting a willingness among investors to hold top-rated debt even as yields across the world collapse, Germany became the second G-7 nation after Japan to issue 10-year bonds with a negative yield. Fetching the lowest average yield on record for… Read More ›
As much as £50 million ($66.5 million) could be spent to relocate to the European Union (EU) by London-based banks looking to pack up after Brexit, claims a report that was published recently. On an average, £50,000 ($66,252) per employee… Read More ›
The overcapacity has led China to dump steel in export markets. Jean Claude Junker, the European Commissioner has made it clear to his Chinese counterpart that China’s overcapacity in the steel sector is a very serious issue. By far the… Read More ›
Here’s BlackRock’s take on Brexit. As per BlackRock, in the coming years, it is likely that Britain will face a recession and its growth rate trimmed by at least 0.5% point as a result of Brexit. “Recession is now our… Read More ›
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